Nearly $700M Worth of Assets Linked to Sam Bankman-Fried, FTX Seized by US

Posted by paulpauper on Saturday January 21, 2023 @04:08PM
from the decrypt.co dept.

( 6 comments | 6 points | on HN )

Re:Nearly $700M Worth of Assets Linked to Sam Bankman-Fried,... by metadat on Saturday January 21, 2023 @04:16PM (#34470627)

I wonder how many other assets have been hidden or obscured sufficiently well so as to never be found by the feds.

[ Parent | on HN ]

Re:Nearly $700M Worth of Assets Linked to Sam Bankman-Fried,... by algog on Saturday January 21, 2023 @04:58PM (#34471032)

I thought he said he only had $100,000 USD to his name. /s

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Re:Nearly $700M Worth of Assets Linked to Sam Bankman-Fried,... by chedoku on Saturday January 21, 2023 @07:12PM (#34472481)

He said sorry too.

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Re:Nearly $700M Worth of Assets Linked to Sam Bankman-Fried,... by trynewideas on Saturday January 21, 2023 @05:33PM (#34471383)

And used federal home loan advances when faced with its withdrawals run: https://www.americanbanker.com/news/silvergate-bank-loaded-u...

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Re:Nearly $700M Worth of Assets Linked to Sam Bankman-Fried,... by leonewton253 on Saturday January 21, 2023 @06:29PM (#34471990)

I bet he has at least $10+ Million in Monero stashed somewhere too.

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Re:Nearly $700M Worth of Assets Linked to Sam Bankman-Fried,... by paulpauper on Saturday January 21, 2023 @08:37PM (#34473144)

maybe prison will accept monero

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