As Sam Bankman-Fried’s trial enters its third day, the government is making sure he and his family stay grounded.
To do so, authorities have confiscated two private jets, according to a document filed with the U.S. District Court for the Southern District of New York, where SBF is being tried. The first seized plane, a Bombardier Global 5000, is reportedly worth $15.9 million, and the second, an Embraer Legacy 600, is worth about $12.5 million, according to a bankruptcy court filing from September. In the aftermath of FTX's bankruptcy filing, several parties are disputing who owns the now-confiscated jets.
