It's been reported that the Washington, DC brownstone linked to fallen FTX Founder, Sam Bankman-Fried, has hit the market for nearly $3.3 million. This 4,100-square-foot property comprised of four bedrooms and five bathrooms is just one of the properties that Sam Bankman-Fried is likely to offload as the feds seized almost $700 million in cash and assets, according to court filings from last Friday.
The house was bought by his brother Gabe Bankman-Fried's nonprofit, Guarding Against Pandemics, which Sam Bankman-Fried partly funded, last April, at the same price for which it's now listed. Shortly before FTX's implosion, the pandemic-preventing nonprofit hosted two back-to-back parties at the address, one for democratic dignitaries and the other for republican hotshots, both with a vegan-heavy menu.
A four-story Victorian brownstone, features of the home include 10-foot ceilings, an elevator that services the entire house, and a large chef’s kitchen that was recently updated and comes with a walk-in pantry. The dining room features built-in shelving and display cabinets, and there is also a custom temperature-controlled wine fridge. Meanwhile, the main-floor primary bedroom boasts double walk-in closets, a personal washer and dryer, and a gas fireplace.
It's worth noting that this move to list the property comes a month after Sam Bankman-Fried was released on a $250 million bond secured by the equity in his $4 million family home in Palo Alto, California, where he is also currently under house arrest.
Devon Fox with Pearson Smith Realty holds the listing.
As more details about the case of FTX's implosion come to light, it remains to be seen what other assets and properties linked to Sam Bankman-Fried will hit the market in the coming weeks and months.