<p fr-original-style="" style="margin-top: 0px; margin-bottom: 1em; box-sizing: border-box;">• <a fr-original-style="" href="https://www.cnbc.com/2023/01/20/feds-seize-almost-700-million-of-sam-bankman-frieds-assets-in-cash-and-equity.html" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank"><strong fr-original-style="" style="font-weight: 700; box-sizing: border-box;">US federal prosecutors</strong></a> seized nearly $700 million (€643mn) in cash and assets connected to FTX founder Sam Bankman-Fried. 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.</p>

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