According to PANews, a judge has ordered the seizure of over $11 billion in assets belonging to Sam Bankman-Fried (SBF). Additionally, the judge will recommend that SBF serve his sentence in a prison near his family's residence in the San Francisco Bay Area.
The reason for the seizure and the specific charges against SBF were not mentioned in the report. Further details about the case and its implications for SBF and his family are yet to be revealed.