- 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.
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.
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.
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.
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