Sam Bankman $700 million to be seized if found guilty in FTX fraud case
Bankman-Fried has pleaded not guilty to an eight-count indictment, including fraud and campaign finance law violations.About 55 million of Bankman-shares Fried's in Robinhood Markets Inc. were included in the asset pool.
Sam Bankman-Fried’s assets valued at almost $700 million will be subject to forfeiture if he’s found guilty of fraud, according to federal prosecutors leading the case against the FTX founder.