- Federal prosecutors seized nearly $700 million in cash and assets connected to Sam Bankman-Fried, court filings from Friday show, primarily in the form of Robinhood shares.Federal prosecutors seized nearly $700 million in cash and assets connected to Sam Bankman-Fried, primarily in the form of Robinhood shares that were owned by the FTX founder, a court filing revealed Friday.John Ray, who replaced Bankman-Fried as CEO to guide FTX's restructuring, is trying to rescue funds that were lost by the crypto company's depositors when the firm spiraled into bankruptcy in November.The 55 million-plus Robinhood shares are at the heart of a contentious multi-party battle between Caribbean litigants, representatives of bankrupt crypto lender BlockFi, Bankman-Fried himself, and FTX's bankruptcy leadership.Three of the seized accounts were held at Silvergate Bank, in the name of FTX Digital Markets, holding over $6 million."