SBF to forfeit $700M value of resources if found responsible of fraud

SBF to forfeit $700M price of sources if chanced on guilty of fraud

In step with recent court filings, disgraced FTX founder Sam Bankman-Fried (SBF) will be field to the forfeiture of roughly $700 million price of sources if he were to be chanced on guilty of fraud.

In a court doc filed on Jan 20, U.S. federal prosecutor Damian Williams outlined that the “authorities respectfully affords be conscious that the property field to forfeiture” covers a lengthy checklist of sources all the design via fiat, shares and crypto.

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

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