According to new court filings, disgraced FTX founder Sam Bankman-Fried (SBF) will be subject to the forfeiture of roughly $700 million worth of assets if he were to be found guilty of fraud. In a cou...
Tag: Forfeit
FTX Founder SBF Could Forfeit Around $700M to U.S. Govt.
FTX’s disgraced founder Sam Bankman-Fried (SBF) could forfeit as much as $700 million worth of assets to the United States government, according to new court documents filed on January 20. The Jan. 20...
FTX Founder to Forfeit $700 Million
According to recent documents filed in court, in the event that disgraced FTX founder Sam Bankman-Fried (also known as SBF) is found guilty of fraud, he will be required to relinquish assets valued at...
Crypto Exec Do Kwon Must Forfeit His Passport
Do Kwon – the man behind the doomed digital currency company Terraform Labs – is now set to lose his South Korean passport as authorities continue to hunt him down like a wild animal. Do Kwon Falls De...
What Is a Forfeit Token? Why Should We Pre-purchase?
What is Forfeit? Forfeit Game Project is a project that aims to bring a new trend to the FPS game sector and a perfect project that will make you forget every FPS game you’ve ever played. The first FP...
Silk Road Founder Ross Ulbricht To Forfeit $3 billion worth of BTC To The US Government
Ross Ulbricht, the founder of the dark web marketplace Silk Road, will forfeit his claim to Bitcoin worth approx. $3 billion in fulfillment of the $183 million debt that he owns to the US government. ...
Silk Road Founder Ross Ulbricht to Forfeit $3 Billion in BTC; Extinguishes Debt to Government
The incarcerated founder of the now-defunct dark web marketplace, Silk Road, Ross Ulbricht, is going to forfeit his claim to Bitcoin worth about $3 billion in fulfillment of the $183 million debt owed...
Federal prosecutors forfeit $34 million in crypto tied to dark web activities
The publicly-traded company MicroStrategy has acquired an additional 4,167 BTC worth around $190.5 million, according to an April 5 filing with the SEC. MicroStrategy acquired the new holdings at an a...
A Boston Man Forfeit 59 Bitcoin Worth $2.3 Million To Massachusetts Law Enforcement
A Boston Herald report reveals that a Brockton Man, Binh Thanh Le, is being forced to forfeit 59 bitcoin worth $2.3 million by Massachusetts law enforcement after he was caught with Xanax, ecstasy, an...