Sam Bankman-Fried’s Two Multimillion-Dollar Jets May Be Forfeit, DOJ Says

CoinDesk reported:

The Embraer was originally bought by IAC for $12.5 million and the Bombardier for $15.9 million using “financing provided from FTX,” the filing said, detailing an unsecured, no-interest loan agreed to in a “handshake deal” between Bankman-Fried and IAC’s owner, Paul Aranha.

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