SBF's Private Jets Seized in $28 Million Confiscation

1 min read
Source: Fortune
SBF's Private Jets Seized in $28 Million Confiscation
Photo: Fortune
TL;DR

Authorities have confiscated two private jets, a Bombardier Global 5000 worth $15.9 million and an Embraer Legacy 600 worth $12.5 million, as part of the ongoing trial of Sam Bankman-Fried. The ownership of the jets is being disputed by various parties following FTX's bankruptcy filing. Bankman-Fried reportedly never flew on the planes but chartered other private flights costing the company over $15 million.

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