SBF to forfeit $700M rate of assets if chanced on responsible of fraud

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.

<em>SBF Forfeiture grunt: Court docket Listener</em>

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