Court documents reveal the breakdown of SBF's seized assets, including approximately $1 billion in financial assets and two private jets
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Odaily News Report: Before SBF was tried and imprisoned for fraud, a federal court outlined his asset size, and the government subsequently seized about $100 million in financial assets and two aircraft. On Tuesday, the U.S. District Court for the Southern District of New York issued a final forfeiture order that formally severed SBF's ownership of all the assets listed in a multi-page property list. Court documents revealed his vast assets, including large amounts of cryptocurrencies held by Alameda Research, the trading company co-founded by SBF. The documents show that Alameda's assets on Binance include $56 million in , $3.6 million in , $3.4 million in , $2.3 million in , and dozens of other cryptocurrencies. The most significant holding is the $606 million in Robinhood shares sold by Emergent Fidelity Technologies, SBF's company. Other financial assets include: $119 million in held by Alameda Research on Binance; $21 million held by Emergent Fidelity Technologies at Marex; $50 million held by FTX Digital Markets at Moonstone Bank; and $101 million held by FTX Digital Markets at Silvergate. The $7 million in forfeited assets held by SBF and another individual at Flagstar Bank also included two private jets: a 2009 Bombardier Global 5000 and a 2006 Embraer Legacy. The court documents also detailed the withdrawal of over 250 political donations from campaign activities and recipient organizations, including amounts allegedly donated by other FTX executives at SBF's direction. During the previous term, one-third of Congress members had received donations from SBF or other FTX executives, and they also donated to numerous state political organizations. (CoinDesk)
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