Sam Bankman-Fried’s Two Multimillion-Dollar Jets May Be Forfeit, DOJ Says
The assets, whose ownership is in dispute, could be used to pay back creditors of Alameda Research and FTX. Original Source
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SBF to forfeit $700M worth of assets if found guilty of fraud
According to new court filings, disgraced FTX founder Sam Bankman-Fried (SBF) will be subject to the forfeiture of roughly $700 million worth of assets if he were to be found guilty of fraud. In a court document filed on Jan 20, U.S. federal prosecutor Damian Williams outlined that the “government
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US Court Orders Dark Web Drug Dealer to Forfeit $150K in Bitcoin
A United States court has ordered Christopher Bania, who recently pleaded guilty to drug distribution, to give up almost 17 Bitcoin (BTC) — worth roughly $150,000 at press time.The plea, order and sentencingPer the Oct. 19 order from a court in Wisconsin, Bania will need to forfeit “Approximately 16.91880054
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Craig Wright Must Forfeit 50% of Bitcoin in Court Case
The protracted legal battle involving self-proclaimed Bitcoin (BTC) inventor Craig Wright and the estate of computer scientist David Kleiman could go in Keiman’s favor.According to a court audience member on Aug. 26, Judge Bruce Reinhart rejected Wright's testimony, stating that he had perjured himself by providing the court with
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