Authorities confiscated Sam Bankman-Fried’s two private jets, worth a collective $28.4 million, as the indicted founder of now-bankrupt cryptocu...
Authorities confiscated Sam Bankman-Fried’s two private jets, worth a collective $28.4 million, as the indicted founder of now-bankrupt cryptocurrency exchange FTX — who was posed as a “flight risk” — enters the fourth day of his six-week trial.
Though the government seized Bankman-Fried’s two jets in an apparent move to ensure he and his family remain grounded in the US, the 31-year-old former billionaire reportedly never even flew on the planes. The two confiscated planes listed in authorities’ forfeiture filing in Manhattan federal court on Wednesday: a Bombardier Global 5000 and an Embraer...
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