In a recent ruling, a federal court has revealed the extensive assets forfeited by Sam Bankman-Fried, the former CEO of FTX, who was convicted of fraud. The pivotal details include:

• The total amount of forfeited assets is approximately $1 billion.
• The largest single item was $606 million in Robinhood shares.
• Other significant assets include two private jets: a 2009 Bombardier Global 5000 and a 2006 Embraer Legacy.
• The court also detailed a list of over 250 political donations made by Bankman-Fried, where a substantial portion of Congress had received funds either directly from him or under his direction.
• Initial payouts began to creditors in the bankruptcy proceedings of FTX, amounting to $1.2 billion to compensate those owed relatively small sums.

The court’s findings highlight the complexities and extensive nature of Bankman-Fried’s financial dealings, reinforcing the significant financial ramifications following his fraud conviction.