US prosecutors are seeking to confiscate the cryptocurrency belonging to FTX founder SBF
2024-11-12 22:12:40
A year after FTX founder SBF was convicted of fraud, U.S. prosecutors filed a lawsuit in a New York court on Tuesday seeking to confiscate SBF's cryptocurrency. Its cryptocurrency, held in an account containing Solana and Ripple, was valued at $8.60 million as of December 12, 2023. It has appreciated to $18.50 million in the past 11 months, mainly due to the sharp increase in the price of Solana.
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