Loading...
Market
Story
DOJ Files Lawsuit to Seize $160M in FTX-Linked Crypto on Binance, Including $85M in SOL
Nov 13, 2024, 05:28 AM
The U.S. Department of Justice (DOJ) has filed a civil forfeiture lawsuit to seize $160 million in crypto assets linked to the collapsed FTX exchange. The assets, held on Binance, include $85 million in Solana (SOL) and other cryptocurrencies such as ICP, AVAX, XRP, and ADA. This legal action comes a year after Sam Bankman-Fried was convicted of masterminding a massive fraud related to FTX. The lawsuit underscores the ongoing efforts by U.S. authorities to track and recover funds tied to the fraudulent activities of FTX.
View original story
Similar markets
Solana (SOL) • 25%
Internet Computer (ICP) • 25%
Avalanche (AVAX) • 25%
Ripple (XRP) • 25%
USDT • 25%
WUSD • 25%
BTCB • 25%
Other • 25%
ETH • 25%
BNB • 25%
USDT • 25%
Other • 25%
Another crypto exchange • 25%
Venture capital fund • 25%
Individual investor • 25%
Other • 25%
ETH • 25%
BNB • 25%
USDT • 25%
Other • 25%
Less than 10% of estimated total • 25%
10% to 50% of estimated total • 25%
More than 50% of estimated total • 25%
Unable to seize any assets • 25%
Less than $100 million • 25%
$100 million to $200 million • 25%
$200 million to $300 million • 25%
More than $300 million • 25%
10% or less • 25%
11% to 15% • 25%
16% to 20% • 25%
21% to 25% • 25%