DOJ Eyes Seizure of Ex-FTX Chief’s Two Luxury Jets in Ongoing Criminal Probe

1 year ago
DOJ Eyes Seizure of Ex-FTX Chief's Two Luxury Jets successful  Ongoing Criminal Probe

In the ongoing transgression lawsuit against Sam Bankman-Fried, national prosecutors person unveiled a forfeiture bill, indicating the Department of Justice’s (DOJ) intent to commandeer 2 luxury jets belonging to the ex-FTX chief. Specifically, the DOJ has its sights acceptable connected a Bombardier Global 5000 BD-700-1A11 and an Embraer Legacy 135BJ.

Prosecutors Set Sights connected Seizing Bankman-Fried’s Luxury Aircraft

On the evening of October 4, the DOJ detailed its plans to prehend these high-end craft from Bankman-Fried, co-founder and erstwhile CEO of FTX. The tribunal bid highlighted that these jets are implicated successful aggregate charges, specifically counts 1-4 and 7, of the national indictment.

In summation to the Bombardier and Embraer jets, the DOJ is besides keen connected acquiring their associated attraction and motor logs. This improvement comes connected the heels of earlier reports, post-FTX’s downfall, which suggested that Bankman-Fried’s idiosyncratic craft had made aggregate trips betwixt the Bahamas and Argentina.

Contradicting these claims, Bankman-Fried had asserted helium ne'er near the Bahamas. Adding different furniture to the narrative, determination were whispers that FTX’s backstage jets were repurposed to ferry Amazon packages to top-tier FTX personnel, fixed Amazon’s refusal to present to the Bahamas. In a related twist, Ryan Salame, FTX’s erstwhile co-CEO, reportedly had to portion with his backstage pitchy arsenic a bargaining spot successful his plea negotiations.

What bash you deliberation astir Sam Bankman-Fried losing his jets to forfeiture? Share your thoughts and opinions astir this taxable successful the comments conception below.

View source