Realtor may have accepted $3M offer for Washington DC property linked to Sam Bankman-Fried

An unidentified buyer or buyers may soon own a property in Washington DC’s Capitol Hill neighborhood belonging to defunct cryptocurrency exchange FTX and its former CEO Sam Bankman-Fried.

According to an updated posting on Realtor.com, the DC property was enlisted As in “contingent”, suggesting that the party handling the deal has accepted an offer but the transaction has not yet been finalized. The townhouse, located near the US Capitol building, was reportedly owned by Guarding Against Pandemics, a non-profit organization founded by Gabrielle Bankman-Fried, brother of former FTX CEO.

Cointelegraph reported in January that the property had been removed from a real estate listing after it was allegedly purchased by FTX user funds in error. The Realtor.com listing at the time of publication showed a price of $3 million, while the available photos did not suggest any crypto or blockchain design for the home.

#CelebrityRealEstate
DC Townhouse Fallen Belongs to FTX Founder Sam Bankman-Fried and Listed for $3.3M

420 3rd St NE, Washington, DC 20002

bedroom and bathroom
Bedroom: 4
Bathroom: 4.5
Full Bathrooms: 4
1/2 Bathrooms: 1 pic.twitter.com/oBQslTGuV3

— Paul Argueta (@talktopaul_com) January 23, 2023

Amidst the collapse of FTX and criminal charges brought against Sam Bankman-Fried, US authorities are investigating assets linked to the crypto exchange and its former CEO, including assets used for political donations. Bankman-Fried will face two criminal trials scheduled for October 2023 and March 2024 for charges including allegations of campaign finance law violations.

Connected: House on a Hill: Top Countries to Buy Real Estate with Crypto

It’s unclear who is behind the purchase of the D.C. property and what role the money behind the sale may play in FTX’s ongoing bankruptcy case in the District of Delaware. Allegedly Gabrielle Bankman-Fried steeped in Step down from his position as Executive Director of Guarding Against Pandemics in November 2022. Cointelegraph contacted the nonprofit but did not receive a response at the time of publication.

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