SBF’s Millions More Seized: The Bank’s Value Has Been 10 Times!

The court seized the $ 50 million account of Sam Bankman-Fried (SBF), the founder of the bankrupt cryptocurrency exchange FTX, opened in one of the smallest banks in the USA.

According to a court report recently released by the Southern District Court of New York, the prosecution has at Farmington State Bank 50 million dollar account 49,999,500 confiscated his dollar. Prosecutor’s Office 700 million dollar worth of assets tracing stated that the work was carried out within the scope of

According to a recent report in the New York Times, he lived only in a small town before he caught the attention of the SBF. three employees Farmington State Bank, USA 4,800 of them in the bank of love 26th smallest bank was known as Net worth of the bank before SBF, according to Federal Deposit Insurance Corporation data 5.6 million was dollars.

The asset management company that SBF later founded. Alameda Research’s to the bank $11.5 million in the bank, with its worth of investment rooted changes were made. According to the information received, the bank “Moonstone” changed to and credit card, mobile banking services started to offer.

However, the bank January 18 In a statement made on liquidity crises and financial scandals taking into account the company to its ancient roots stated that they decided that returning was the best option. “Moonstone” name to retire He said he would separate.

On the other hand, according to the information in the court documents, prosecutors said that SBF’s assets in Silvergate Capital. 100 million assets in excess of dollars and 526 million dollar worth 55 million Robinhood He also took over his shares. SBF previously issued these shares for the settlement of FTX victims. ready to donate had stated that.

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