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Prosecutors have seized nearly $50 million from Sam Bankman-Fried’s Farmington State Bank account.The bank had only three employees and until March 2022 specialized in agricultural loans to farmers. ....
Feds seize $50 million from Farmington State Bank tied to Bankman-Fried insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.
The United States (US) government seized more than $171 million in cash from accounts associated with former FTX CEO Sam Bankman-Fried. Bankman-Fried, who is on $250 million bond, is accused of stealing billions of dollars from customers of his cryptocurrency exchange. He has pleaded not guilty to charges. In multiple interviews before he was arrested ....