Sam Bankman-Fried sells $3.28 million D.C. home after feds seize $700 million in assets

A Washington, D.C. townhouse linked to disgraced FTX founder Sam Bankman-Freed is up for sale for $3.28 million.

Consisting of four bedrooms and five bathrooms, it’s one of a long list of properties Bankman-Freed is likely to sell as the feds seized nearly $700 million in cash and cryptocurrency-related assets, court documents from Friday show.

The feds confiscated the assets, mostly in the form of Robinhood stock owned by Bankman-Fried.

The decision to put the 4,100-square-foot property up for sale comes a month after Bankman-Fried was released on a $250 million bond secured by shares in his $4 million family home in Palo Alto, California, where he also is under house arrest.

The D.C. home was bought by his brother Gabe Bankman-Freed’s nonprofit Guarding Against Pandemics, which was partially funded by crypto manager Bankman-Freed, last April for the same price it is now listed at.


The house covers 4100 square feet.
The house covers 4100 square feet.
Pearson Smith Realty

Elevator.
Elevator.
Pearson Smith Realty

Formal living room.
Formal living room.
Pearson Smith Realty

Formal dining room with wood burning fireplace.
Formal dining room with wood burning fireplace.
Pearson Smith Realty

One of the four bedrooms.
One of the four bedrooms.
Pearson Smith Realty

Shortly before the FTX crash, the nonprofit pandemic prevention organization held two back-to-back parties at the address, one for senior Democrats and one for Republican leaders, both with vegan menus.

A four-story brownstone Victorian home with 10-foot ceilings, an elevator that serves the entire home, and a large chef’s kitchen that has recently been updated with a pantry.

The dining room is equipped with built-in shelving and display cabinets. There is also a dedicated temperature controlled wine cooler.

Meanwhile, the master bedroom on the ground floor boasts double walk-in closets, a personal washer and dryer, and a gas fireplace.

“This house is your golden goose in search of the treasure that money can’t buy: more time thanks to the fact that you rarely get to work,” the listing notes.

Devon Fox of Pearson Smith Realty owns the listing. Realtor.com was the first to report this.

Bankman-Fried, 30, who left his Bahamian oasis after being extradited, faces multiple charges that carry a sentence of up to 115 years.

The entrepreneur is accused of wire fraud, securities fraud, conspiracy, money laundering and campaign finance violations. Federal indictment documents accuse him of swindling a whopping $1.8 billion from investors.

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texasstandard.news contributed to this report.

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