U.S. Regulators Seize $700 Million from SBF

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In response to authorized paperwork filed in court docket on Friday, federal authorities have seized greater than $697 million in money and property related to Sam Bankman-Fried, the founding father of crypto alternate FTX. Nearly all of these property have been within the type of Robinhood shares that have been owned by Bankman-Fried, who had beforehand disclosed in Might that he had acquired a 7.6% stake within the firm, which he had described as an…


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