FED Make Major Move: $700 Million Seized from Sam Bankman Fried

The post FED Make Major Move: $700 Million Seized from Sam Bankman Fried appeared first on Coinpedia Fintech News The United States Federal authorities have seized $697 million from Sam […]

The post FED Make Major Move: $700 Million Seized from Sam Bankman Fried appeared first on Coinpedia Fintech News
The United States Federal authorities have seized $697 million from Sam Bankman Fried, Founder of cryptocurrency exchange FTX. The majority of the assets were being in the form of shares of the popular trading app, Robinhood. SBF had previously announced that he had acquired a 7.6% stake in Robinhood stating that it was an attractive …