Weekly Real Estate News
A Washington, D.C.-based townhouse linked to disgraced cryptocurrency figure Sam Bankman-Fried will soon be sold.
CoinTelegraph.com cited an updated posting on Realtor.com that the property in the city’s Capitol Hill section is listed as “contingent.” The 3,762-square-foot townhouse was reportedly owned by Gabriel Bankman-Fried, brother of the former FTX chief executive.
The property was listed in late 2022 for $3 million but was removed in January amid allegations it was acquired with misappropriated FTX user funds. Bankman-Fried is facing two criminal trials — one in October 2023 and the other next March — in the wake of FTX’s collapse.
The parties in the Washington transaction have not been identified and it is unclear if the funds from the transaction will be used to finance Bankman-Fried’s legal defense.
Photo via Zillow
