Luxury Jets Linked to Bankman-Fried Could Be Seized Amid FTX Bankruptcy Disputes
-
Two luxury jets linked to Sam Bankman-Fried could be seized by DOJ as they try to recover assets. The planes are a Bombardier Global and Embraer Legacy.
-
The jets were never used by Bankman-Fried but data shows they have "private" owners.
-
There is a dispute between DOJ and FTX over ownership of the planes. FTX claims they were bought with loans from the company.
-
The planes were still being upgraded when FTX filed for bankruptcy, so nobody from FTX ever flew on them.
-
One jet was originally bought for $12.5 million, the other for $15.9 million, financed by an informal loan from Bankman-Fried.