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Market
Largest portion of $160M seized from Binance by March 31, 2025?
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Resolution / Starting Odds
Solana (SOL) • 25%
Internet Computer (ICP) • 25%
Avalanche (AVAX) • 25%
Ripple (XRP) • 25%
Official DOJ reports or announcements detailing the seized assets
Story
DOJ Moves to Seize $160M in Crypto from Binance Tied to SBF's Alleged China Bribe
Nov 13, 2024, 05:30 AM
The U.S. Department of Justice has filed a civil forfeiture lawsuit seeking to seize approximately $160 million worth of cryptocurrency assets linked to FTX founder Sam Bankman-Fried, who was convicted a year ago of orchestrating a massive fraud at his FTX exchange. The assets are held in a Binance account and include $85 million in Solana (SOL), along with other cryptocurrencies such as Internet Computer (ICP), Avalanche (AVAX), Ripple (XRP), and Cardano (ADA). This move follows a year-long investigation and is part of the DOJ's ongoing efforts to recover assets connected to FTX and alleged bribery by Bankman-Fried to Chinese officials.
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Less than $80 million • 25%
$80 million to $100 million • 25%
$100 million to $120 million • 25%
More than $120 million • 25%
Yes • 50%
No • 50%
Implement stricter promotion policies • 25%
No significant changes • 25%
Increase transparency in promotions • 25%
Other • 25%
Yes • 50%
No • 50%
Solana (SOL) • 25%
Internet Computer (ICP) • 25%
Avalanche (AVAX) • 25%
Other • 25%
