A fine of 700 million dollars for the former director of FTX

A fine of 700 million dollars for the former director of FTX

According to Adonis Network's news, new court filings, disgraced FTX founder Sam Benkman-Fried (SBF) will face forfeiture of $700 million in assets if convicted of fraud. The majority of this amount is related to trading shares of Robin Hood brokerage, which has a value of more than 500 million dollars.

 

 

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