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 next to Washington DC townhouse
Sam Bankman-Fried next to Washington DC townhouse  
  • Gabe Bankman-Fried's nonprofit, Guarding Against Pandemics, purchased a Washington, DC townhouse listed for over $3 million in April.

  • The home was used for cocktail parties hosted by the nonprofit, according to reports.

  • The four-story home boasts 3,762 square feet and includes multiple private outdoor spaces.

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 Gabe Bankman-Fried
exterior of Gabe Bankman-Fried's DC townhouse  

Source: Puck

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 of Gabe Bankman-Fried
living room of Gabe Bankman-Fried's DC townhouse  

Source: Puck

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.

Terrace of Gabe Bankman-Fried
Terrace of Gabe Bankman-Fried's DC townhouse  

Source: New York Post

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.

Bedroom of Gabe Bankman-Fried
Bedroom of Gabe Bankman-Fried's DC townhouse  

Source: Bright MLS

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 of Gabe Bankman-Fried
Dining room of Gabe Bankman-Fried's DC townhouse  

Source: OpenSecrets, Insider

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.

wine room of Gabe Bankman-Fried
wine room of Gabe Bankman-Fried's DC townhouse  

The brothers have spent an estimated $70 million since October 2021 on research projects, campaign donations, and other initiatives, according to The Washington Post.

deck of Gabe Bankman-Fried
deck of Gabe Bankman-Fried's DC townhouse  

Source: The Washington Post

"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 of Gabe Bankman-Fried
Kitchen of Gabe Bankman-Fried's DC townhouse  

Source: NBC News

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

Bedroom of Gabe Bankman-Fried
Bedroom of Gabe Bankman-Fried's DC townhouse  

Source: Insider

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    (2022-11-28 09:38:29Z)

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