SBF To Forfeit $700M Worth Of Sources If Learned Guilty Of Fraud

In accordance with unique court filings, disgraced FTX founder Sam Bankman-Fried (SBF) will most definitely be topic to the forfeiture of roughly $700 million worth of sources if he comprise been to be learned guilty of fraud.

In a court anecdote filed on Jan 20, U.S. federal prosecutor Damian Williams outlined that the “government respectfully provides witness that the property topic to forfeiture” covers a prolonged checklist of sources across fiat, shares and crypto.