Sam Bankman-Fried’s “Dream Mansion” Near to the US Capitol is Now Up for Sale

Published on:

Last Updated on January 31, 2023 by Bitfinsider

For $3.3 million, a four-bedroom Victorian brownstone in Washington DC connected to Sam Bankman-Fried, the former CEO of FTX, can be purchased.

According to news sources, the house was purchased in April for the same sum by Guarding Against Pandemics, a nonprofit organization established by Bankman-Fried’s brother, Gabe.

The 2017 residence is referred to as “an entertainer’s dream home” and is situated at 420 3rd St. NE. It has a wet/dry bar, an elevator, built-in wine storage, and four gas fireplaces. The U.S. Capitol is about a 15-minute walk from the mansion.

The founder Sam Bankman-Fried was charged with wire fraud and breaking campaign finance laws when the cryptocurrency exchange FTX went under in November and sought bankruptcy protection. According to Bankman-Fried, he has less than $100,000 in cash on hand.

On another note, FTX’s sibling trading company Alameda Research gave the pandemic prevention charity more than $12 million.

Hardware wallets are safe and secure devices that can be used offline. They keep your cryptocurrency offline, making it impossible for you to be hacked. To find out more on the leading hardware wallets, you may view our reviews here: Ledger & Trezor
Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.