According to a story in the Wall Street Journal, the seller of a property that was tied to Sam Bankman’s spending, politician Fried, withdrew the property from the market as a show of “good faith” after discovering that the property was tied to the money from the FTX client. .

The townhouse, which is located in the Capitol Hill neighborhood of Washington, DC, just blocks from the United States Capitol, is owned by Guarding Against Pandemics, a charity founded by Gabriel Bankman-Fried, the brother of the former CEO of the stock exchange that went bankrupt.

In court documents filed in January by FTX’s new management, the company said the client’s cash had been misused to acquire the property for $3.3 million. Guarding Against Pandemics delisted the property after the real estate agent drew attention from various media outlets.

A Guarding Against Pandemics spokeswoman told the Wall Street Journal that Gabriel is no longer affiliated with the group. FTX’s creditors recently served subpoenas against Bankman-mother, Fried’s Barbara Fried and Gabriel, alleging that they failed to respond to previous information requests and demanding that they provide certain documents.

According to property records, the charity attempted to sell the property to lobbyist Mitch Bainwol and his wife, Susan Bainwol, for the same sum they paid for the property in April 2022.

The three-story property has a total area of ​​4,100 square feet, four bedrooms, and was allegedly used by the group as an office, with workstations set up in a variety of rooms throughout the building. The real estate business that was in charge of listing organized some open days; however, they did not receive any offers to purchase the property.

Prosecutors in the United States are investigating the contributions that FTX made to various political parties and politicians. With a contribution of $5.2 million, Bankman-Fried ranked as the second-largest “giving CEO” to Joe Biden’s 2020 presidential campaign. A few days before the November 2022 midterm elections, he acknowledged being a “big contributor.” to both political parties in Washington. These elections were for the House of Representatives and the Senate.

Since the bankruptcy petition was filed on November 11, the exchange’s new management team has been hard at work trying to locate cash with which to pay the exchange’s creditors. Andy Dietderich, an attorney for FTX, said that earlier in the year, the exchange had “recovered $5 billion in cash and liquid cryptocurrency.”