Washington Property Linked to FTX Customer Funds Pulled From Market

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A $3.3 million Washington, D.C., townhouse that FTX’s new management believes was bought with customer funds has been pulled off the market

A Washington, D.C., townhouse that FTX’s new management has linked to Sam Bankman-Fried‘shas been pulled off the market after the company alleged that the $3.3 million property was purchased with FTX customer funds.

Property records show the four-bedroom, 4,100-square-foot property in Capitol Hill is owned by Guarding Against Pandemics, a nonprofit organization founded by Mr. Bankman-Fried’s brother Gabriel. FTX’s newly appointed management team said in a court filing last month that Guarding Against Pandemics was also funded by FTX founder Sam Bankman-Fried and that the organization purchased a multimillion-dollar property using what the company believes are misappropriated customer funds.

 

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