Prosecutors Aim to Seize Bankman-Fried’s Luxury Jets
The Department of Justice (DOJ) has revealed its intention to take possession of two luxury jets owned by Sam Bankman-Fried, the former CEO of FTX. The DOJ’s forfeiture bill targets a Bombardier Global 5000 BD-700-1A11 and an Embraer Legacy 135BJ, which are allegedly connected to several charges outlined in the federal indictment.
DOJ Seeks Aircraft Logs Alongside Jets
In addition to the jets, the DOJ is also interested in obtaining the maintenance and engine logs associated with these aircraft. This development follows previous reports suggesting that Bankman-Fried’s personal planes had been used for trips between the Bahamas and Argentina after FTX’s downfall.
Controversy Surrounding Aircraft Usage
Bankman-Fried has denied claims of leaving the Bahamas, contradicting reports about his aircraft’s travel. Furthermore, there have been rumors that FTX’s private jets were repurposed to transport Amazon packages for top-tier FTX employees due to Amazon’s refusal to deliver to the Bahamas. In a related development, Ryan Salame, former co-CEO of FTX, reportedly had to surrender his private jet during plea negotiations.
Hot Take: Prosecutors Target Bankman-Fried’s Luxury Jets in Criminal Case
The ongoing criminal case against Sam Bankman-Fried has taken a new turn as federal prosecutors aim to seize his luxury jets. The DOJ’s intention to commandeer these high-end aircraft is outlined in a forfeiture bill that also seeks access to their maintenance and engine logs. This development adds another layer of controversy surrounding Bankman-Fried and his involvement with FTX. Rumors about repurposing private jets for Amazon deliveries and the forfeiture of Ryan Salame’s jet further complicate the narrative. The outcome of this case will have significant implications for Bankman-Fried and his legal battle with the DOJ.
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