Nearly $700M Worth of Assets Linked to Sam Bankman-Fried, FTX Seized by US (decrypt.co) 29 points by paulpauper 3y ago ↗ HN
[–] metadat 3y ago ↗ I wonder how many other assets have been hidden or obscured sufficiently well so as to never be found by the feds.
[–] algog 3y ago ↗ I thought he said he only had $100,000 USD to his name. /s [–] chedoku 3y ago ↗ He said sorry too.
[–] trynewideas 3y ago ↗ Silvergate Bank gets a small mention; for context, see https://www.ft.com/content/5c960a79-ccbe-4805-a137-7e5241251...It reported a US$1 billion quarterly loss four days ago: https://cryptoslate.com/silvergate-capital-posts-1b-loss-in-...And used federal home loan advances when faced with its withdrawals run: https://www.americanbanker.com/news/silvergate-bank-loaded-u...
[–] leonewton253 3y ago ↗ I bet he has at least $10+ Million in Monero stashed somewhere too. [–] paulpauper 3y ago ↗ maybe prison will accept monero
6 comments
[ 4.0 ms ] story [ 25.8 ms ] threadIt reported a US$1 billion quarterly loss four days ago: https://cryptoslate.com/silvergate-capital-posts-1b-loss-in-...
And used federal home loan advances when faced with its withdrawals run: https://www.americanbanker.com/news/silvergate-bank-loaded-u...