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US DoJ Is Seizing Banking Assets, Robinhood Shares Linked to FTX, Court Told

Officials may later seek to have Sam Bankman-Fried forfeit the assets, potentially including as much as $450 million in stocks, to avoid benefiting from crimes

FTX founder Sam Bankman-Fried leaves Manhattan Federal Court after his arraignment and bail hearings on December 22, 2022 in New York City. (David Dee Delgado/Getty Images)
FTX founder Sam Bankman-Fried leaves Manhattan Federal Court after his arraignment and bail hearings on December 22, 2022 in New York City. (David Dee Delgado/Getty Images)