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According to new court documents, disgraced FTX founder Sam Bankman-Fried (SBF) will face the forfeiture of approximately $700 million in assets if convicted of fraud.

In a court document deposit on January 20, U.S. Federal Attorney Damian Williams pointed out that the “government respectfully notifies that the property subject to forfeiture” covers a long list of assets across fiat, stocks, and crypto.

Filings indicate that most of the assets were seized by the government between January 4 and January 19, as it also seeks to claim “all funds and assets” belonging to three separate Binance accounts.

Looking at the list of seized assets, the largest allocations include 55,273,469 Robinhood (HOOD) shares worth approximately $525.5 million at the time of writing, $94.5 million held in Silvergate Bank , $49.9 million held at Farmington State Bank and $20.7 million at ED&F Man Capital Markets, Inc.

Confiscation Order SBF: Court Auditor

The government has submitted a forfeiture order in this case as it alleges that these assets were obtained illegally through the use of customer deposits.

While members of SBF’s inner circle such as Caroline Ellison and Gary Wang confessed and cooperated with prosecutors on their roles in the collapse of FTXthe man himself has pleaded not guilty to the eight criminal charges brought against him.

Related: FTX bankruptcy attorney: Debtors face ‘Twitter assault’ from Sam Bankman-Fried

FTX attracted African investors with inflation hedging marketing

In other FTX related news, January 18th report of the Wall Street Journal (WSJ) highlighted badly aged marketing that the exchange published in Africa shortly before its bankruptcy in November.

The campaign in question presented USD-pegged stablecoins as safer investments than local currencies regarding inflation, while also promoting the potential to earn 8% per year through staking reward programs.

While these feelings of inflation may generally be true given that African currencies such as the Nigerian naira and Ghanaian cedi have fallen against the US dollar, any marketing-convinced African FTX customer has of course lost funds when the company went bankrupt.

Related: FTX restart could fail due to long-broken user trust, observers say

FTX’s former head of education for Africa, Pius Okedinachi, told the WSJ that at that time, the exchange oversaw around $500 million in monthly trading volume in Africa, with most of the volume coming from from Nigeria.

Notably, just eight days before FTX’s bankruptcy filing, SBF also promoted FTX’s services in West Africa, announcing in a Nov. 3 tweet that the exchange had started accepting CFA franc deposits from West Africa.