Last Updated: October 12, 2023
• A Washington, D.C., townhome tied to FTX co-founder Sam Bankman-Fried has been listed on the market for roughly $3.28 million.
• The property was purchased by Bankman-Fried’s brother’s nonprofit, Guarding Against Pandemics, for the same price it is selling for today.
• Photos taken by Pearson Smith Realty show a four-bedroom Victorian brownstone crafted in 2017, with five bathrooms, four gas fireplaces, and all bedrooms en suite.
A luxury Washington townhome, once owned by FTX co-founder Sam Bankman-Fried and his brother’s nonprofit, Guarding Against Pandemics, is now on the market for $3.28 million. The four-bedroom, 4,100-square-foot Victorian brownstone was crafted in 2017 and comes with five bathrooms, four gas fireplaces, and all bedrooms en suite.
The property was allegedly used to host two parties for bureaucrat donors just before FTX collapsed. Photos taken by Pearson Smith Realty show the luxury property, which includes a gourmet kitchen with state-of-the-art appliances, granite countertops, and a marble-topped island. The home also features a large dining room, sunroom, and a spacious living room with a marble-surround fireplace and built-in bookshelves.
The listing comes amid controversy and bankruptcy for Bankman-Fried and his inner circle of deputies. Bitcoin.com News reported on Bankman-Fried’s $40 million penthouse, which was listed for sale three days after FTX’s collapse. The penthouse was located in the Bahamas, and Guarding Against Pandemics seemed to have followed suit, purchasing the Washington townhome for the same price that it is now selling for.
Realtor.com reported that the property was leveraged “to serve as a D.C. base for the FTX crew to wine and dine the political elite.” This has raised questions as to whether the property was used for charitable activities or if it was a front for Bankman-Fried’s own interests.
Regardless of its purpose, the property is still a luxury asset and could be a great investment for someone looking for a Washington townhome. With its five bathrooms, four gas fireplaces, and all bedrooms en suite, the property has plenty of space and amenities to offer.