Saudi Press

Saudi Arabia and the world
Saturday, Aug 02, 2025

PHOTOS: Inside the $3 million DC townhouse where FTX founder Sam Bankman-Fried's brother hosted parties for his COVID-19 nonprofit

PHOTOS: Inside the $3 million DC townhouse where FTX founder Sam Bankman-Fried's brother hosted parties for his COVID-19 nonprofit

Sam Bankman-Fried's younger brother threw cocktail parties for DC's biggest politicians in the multimillion dollar townhouse prior to FTX's collapse.
Gabe Bankman-Fried — younger brother of the disgraced FTX founder, Sam Bankman-Fried — purchased a $3.289 million Capitol Hill townhouse in April. The deal was made through Gabe's nonprofit, Guarding Against Pandemics.
Exterior of the townhouse owned by Gabe Bankman-Fried's nonprofit.


The organization, aimed at preventing another pandemic, was partly funded by SBF. The move to the US capital was meant to send the message that the FTX founder "and his network were in DC to stay," according to a report from Puck.
Living room in the townhouse owned by Gabe Bankman-Fried's nonprofit.



Just one week before FTX's collapse, Guarding Against Pandemics hosted back-to-back cocktail parties for high-ranking Democrats and Republicans, the New York Post reported.
Outdoor space of the townhouse owned by Gabe Bankman-Fried's nonprofit.



The four-story townhouse comes with four bedrooms, four-and-a-half bathrooms, two private terraces, and an elevator, according to a listing for the property from real estate company Bright MLS.
A bedroom inside the townhouse owned by Gabe Bankman-Fried's nonprofit.



According to OpenSecrets data, SBF was the second-largest Democratic donor of the 2022 midterm elections, which took place shortly before he lost his company and fortune after the implosion of FTX.
Dining room inside the townhouse owned by Gabe Bankman-Fried's nonprofit.



Gabe reportedly stepped down from his position as head of Guarding Against Pandemics in mid-November, though his LinkedIn profile still lists him as the director of the organization.
A wine cellar in the townhouse owned by Gabe Bankman-Fried's nonprofit.



The brothers have spent an estimated $70 million since October 2021 on research projects, campaign donations, and other initiatives, according to The Washington Post.
Outdoor space of the townhouse owned by Gabe Bankman-Fried's nonprofit.



"A lot of people in DC thought this was the next big thing," an unnamed source told NBC News. "Everybody was trying to get in. This went from the hottest thing to the most toxic thing. But that's how DC works."
Kitchen in the townhouse owned by Gabe Bankman-Fried's nonprofit.



SBF's FTX spent a reported $300 million on properties in the Bahamas for senior staff.

Bedroom in the townhouse owned by Gabe Bankman-Fried's nonprofit.

Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
WhatsApp Users Targeted in New Scam Involving Account Takeovers
Trump Deploys Nuclear Submarines After Threats from Former Russian President Medvedev
Germany’s Economic Breakdown and the Return of Militarization: From Industrial Collapse to a New Offensive Strategy
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
Japanese Prime Minister Vows to Stay After Coalition Loses Upper House Majority
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
Nvidia Becomes World’s First Four‑Trillion‑Dollar Company Amid AI Boom
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
Kurdistan Workers Party Takes Symbolic Step Towards Peace in Northern Iraq
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
AI Raises Alarms Over Long-Term Job Security
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Russia Formally Recognizes Taliban Government in Afghanistan
Mediators Edge Closer to Israel-Hamas Ceasefire Agreement
Emirates Airline Expands Market Share with New $20 Million Campaign
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
Amazon Reaches Major Automation Milestone with Over One Million Robots
Meta Announces Formation of Ambitious AI Unit, Meta Superintelligence Labs
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Trump Asserts Readiness for Further Strikes on Iran Amid Nuclear Tensions
Iran's Parliament Votes to Suspend Cooperation with Nuclear Watchdog
Trump Announces Upcoming US-Iran Meeting Amid Controversial Airstrikes
Trump Moves to Reshape Middle East Following Israel-Iran Conflict
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
Explosions Rock Doha as Iranian Missiles Target Qatar
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Oman Set to Introduce Personal Income Tax, First in Gulf
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Iran Intensifies Crackdown on Alleged Mossad Operatives After Sabotage Claims
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
×