Seizure / forfeiture
Sam Bankman-Fried: $8.00B moved in 2023
About $8bn of customer deposits went missing when FTX collapsed; he was convicted of fraud and ordered to forfeit $11bn.
The figure
- Amount8,000,000,000 US dollars
- CategorySeizure / forfeiture
- CorridorNassau, Bahamas → New York, United States
- Distance1.8K km apart
- Year reported2023
- Documentation confidence96/100
What that amount buys
$8.00B is roughly 107 long-range private jets, 19.0K median-priced US homes, or 99.2K years of median US household income.
Sam Bankman-Fried is publicly known as founder, ftx. The arc drawn for this entry joins Nassau and New York because those are the places the two sides of the deal are based — it is not the route a wire took through the banking system.
Source
Reported by Wikipedia. Read the source record →