Feds Seize Additional $150 Million in FTX Assets in Case Against Co-Founder Sam Bankman-Fried was charged with eight counts of money laundering and fraud last month. By Orbit Brain January 21, 2023 0 286 views Federal prosecutors have seized $150 million in property related to FTX cryptocurrency trade co-founder Sam Bankman-Fried, a brand new courtroom doc reveals. This makes for a mixed practically $700 million in shares, money and different property locked down by the feds in relation to the case.In early January, feds made an preliminary asset seizure of over 55 million shares of Robinhood inventory and $20 million in money. Within the weeks since, prosecutors secured over $150 million in money held in FTX’s title however break up amongst totally different banks, in response to the doc. Bankman-Fried was charged with eight counts of cash laundering and fraud final month, to which he pleaded not responsible. Two of his lieutenants on the cryptocurrency trade have pleaded responsible to their very own fraud costs and are stated to be cooperating with investigators. In a separate investigation, the Division of Justice is investigating $370 million in FTX property that went lacking hours after the trade declared chapter.Learn extra: The Fall of FTX and Sam Bankman-Fried: A Timeline Orbit Brainhttp://orbitbrain.com/ Orbit Brain is the senior science writer and technology expert. Our aim provides the best information about technology and web development designing SEO graphics designing video animation tutorials and how to use software easy ways and much more. Like Best Service Latest Technology, Information Technology, Personal Tech Blogs, Technology Blog Topics, Technology Blogs For Students, Futurism Blog.
Home Equity Line of Credit: HELOC Rates for July 2022 HELOCs can provide you with lump sums of cash, but you have to use your home as collateral to secure the loan.Introducing the Finance Home Equity Line of Credit: HELOC Rates for July 2022 HELOCs can provide you with lump sums of cash, but you have to use your home as collateral to secure the loan..... July 10, 2022 Finance
PayPal Breach: What You Can Do if Someone Stole Your Social Security Number The PayPal cyberattack compromised the Social Security numbers of over 35,000 users.Introducing the Finance PayPal Breach: What You Can Do if Someone Stole Your Social Security Number The PayPal cyberattack compromised the Social Security numbers of over 35,000 users..... January 27, 2023 Finance
Best Credit Cards With No Balance Transfer Fees for July 2022 Need to move your debt to a new credit card with lower interest? Here are the best cards without any balance transfer fees.Introducing the Finance Best Credit Cards With No Balance Transfer Fees for July 2022 Need to move your debt to a new credit card with lower interest? Here are the best cards without any balance transfer fees..... July 2, 2022 Finance
Social Security Disability Insurance Payment: When Will You Get Your November Check? If you haven't received your SSDI payment for November, here's when it could arrive.Introducing the Finance Social Security Disability Insurance Payment: When Will You Get Your November Check? If you haven't received your SSDI payment for November, here's when it could arrive..... November 23, 2022 Finance
Gas Prices Hit 3-Month Low, But High Fuel Costs Could Be Here for the Long Haul. Here's Why Volatility is the watchword in the oil market, industry insiders say.Introducing the Finance Gas Prices Hit 3-Month Low, But High Fuel Costs Could Be Here for the Long Haul. Here's Why Volatility is the watchword in the oil market, industry insiders say..... July 15, 2022 Finance
What Are 'Junk Fees' and Why Is the White House Cracking Down on Them? President Biden has vowed to end some of the hidden charges that plague American consumers.Introducing the Finance What Are 'Junk Fees' and Why Is the White House Cracking Down on Them? President Biden has vowed to end some of the hidden charges that plague American consumers..... February 17, 2023 Finance