`Dream home' near US Capitol linked to Sam Bankman-Fried goes up for sale

Quick Take

  • The house was reportedly bought by the Guarding Against Pandemics nonprofit in April.
  • The nonprofit was founded by Sam Bankman-Fried’s brother.
  • The listing describes the house as “an entertainer’s dream home.”

A four-bedroom Victorian brownstone in Washington, D.C. linked to former FTX CEO Sam Bankman-Fried is up for sale for $3.3 million.

The home was bought in April for the same amount by Guarding Against Pandemics, a nonprofit group founded by Bankman-Fried's brother, Gabe, according to news reports.  

The 2017 home is located at 420 3rd St. NE and described as “an entertainer’s dream home,” It includes four gas fireplaces, an elevator, a built-in wine fridge and a wet/dry bar. The residence is about a 15-minute walk from the U.S. Capitol. 

The crypto exchange FTX collapsed in November and filed for bankruptcy protection, with founder Sam Bankman-Fried facing criminal and civil charges involving wire fraud and campaign finance law violations. Bankman-Fried has said he has less than $100,000 in the bank.


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FTX sister trading firm Alameda Research donated more than $12 million to the pandemic prevention nonprofit, according to CNBC.  

Disclaimer: Beginning in 2021, Michael McCaffrey, the former CEO and majority owner of The Block, took a series of loans from founder and former FTX and Alameda CEO Sam Bankman-Fried. McCaffrey resigned from the company in December 2022 after failing to disclose those transactions. 

© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Author

Sarah is a reporter at The Block covering policy, regulation and legal happenings. Before, Sarah was a reporter with CQ Legal writing about securities regulation, which is where she first started reporting on crypto. Sarah has also written for The Bond Buyer and American Banker, among other finance-related publications. She graduated from the University of Missouri and earned a degree in print and digital journalism. Sarah is based in Washington D.C., and is an avid coffee lover. You can follow her on Twitter @ForTheWynn.


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