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The U.S. Department of Justice has filed a civil forfeiture lawsuit seeking to seize approximately $160 million worth of cryptocurrency assets linked to FTX founder Sam Bankman-Fried, who was convicted a year ago of orchestrating a massive fraud at his FTX exchange. The assets are held in a Binance account and include $85 million in Solana (SOL), along with other cryptocurrencies such as Internet Computer (ICP), Avalanche (AVAX), Ripple (XRP), and Cardano (ADA). This move follows a year-long investigation and is part of the DOJ's ongoing efforts to recover assets connected to FTX and alleged bribery by Bankman-Fried to Chinese officials.
🇺🇸 U.S. DOJ moves to seize $160M in crypto from Binance tied to FTX, citing funds linked to alleged bribery by Sam Bankman-Fried. 👀 https://t.co/FhghH6gVPj
🇺🇸 BREAKING: US DOJ moves to seize $160M in crypto from Binance tied to FTX, citing funds linked to alleged bribery by Sam Bankman-Fried. https://t.co/9203FnDwie
THE U.S. DEPARTMENT OF JUSTICE SEEKS TO SIEZE $160M WORTH OF CRYPTO ASSETS LINKED TO FTX FROM BINANCE - The U.S. DOJ has initiated a civil forfeiture complaint against Binance to seize approximately $160M worth of crypto assets. - The move follows the DOJ's year-long… https://t.co/9xXkF1IlLo https://t.co/Q67C541nco
