SBF's approximately $1 billion in financial assets and two private jets have been seized by the U.S. District Court for the Southern District of New York
ChainCatcher news, according to CoinDesk, the U.S. federal court detailed the scale of assets owned by SBF before being tried and imprisoned for fraud, as well as how the U.S. government swiftly intervened to seize approximately $1 billion in financial assets and two aircraft.The final forfeiture order issued by the U.S. District Court for the Southern District of New York on Tuesday formally stripped SBF of ownership of all assets listed in a lengthy property list. Alameda's assets on Binance include: $56 million in XRP, $3.6 million in TRX, $3.4 million in ADA, $2.3 million in BTC, and dozens of other tokens.The most significant asset is the proceeds from the sale of Robinhood stock—$606 million held by SBF's Emergent Fidelity Technologies.Other financial assets include:119 million USDT held by Alameda Research on Binance;$21 million held by Emergent Fidelity Technologies at Marex;$50 million held by FTX Digital Markets at Moonstone Bank;$101 million held by FTX Digital Markets at Silvergate;$7 million held by SBF and another individual at Flagstar Bank.The list of seized assets also includes two private jets: a 2009 Bombardier Global 5000 and a 2006 Embraer Legacy.Court documents also detailed over 250 political donations that have been withdrawn from the campaigns and organizations of the recipients, including amounts donated by FTX executives at SBF's direction.
