Feds seize more than $170 million in cash accounts linked to Sam Bankman-Fried

The Justice Department has seized more than $170 million in cash from multiple accounts associated with disgraced FTX co-founder Sam Bankman-Fried, according to court documents filed Friday. This is in addition to an estimated $526 million in stock which was also seized by the federal government.

According to the federal court documents obtained by CBS News, the seizures occurred on Jan. 4.

They included $94.5 million in an account in Silvergate Bank, a California based bank specializing in cryptocurrencies, along with nearly $50 million held at Farmington State Bank, which is based in Washington state, and $20.7 million in currency in accounts in ED&F Man Capital Markets.