US federal prosecutors have seized $700 million in assets related to SBF, with Robinhood stocks accounting for 70%.

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US federal prosecutors have seized $700 million in assets related to SBF, with Robinhood stocks accounting for 70%.

According to CNBC, court documents show that U.S. federal prosecutors have seized nearly $700 million in assets related to SBF.

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According to a report by CNBC, court documents reveal that U.S. federal prosecutors have seized nearly $700 million of SBF-related assets.

Among them, 55 million shares of Robinhood stock make up the majority at around 70%. As reported earlier, the U.S. Department of Justice seized these assets on the 9th of this month, with the stock valued at approximately $520 million based on Friday's closing price.

In addition, three Silvergate bank accounts under FTX Digital Markets and Moonstone bank accounts associated with FTX have been seized, with total assets of $6 million and $50 million respectively.