A multimillion-dollar Washington DC townhouse connected to Sam Bankman-Fried has been put on the market after federal prosecutors seized nearly $700 million in cash and assets linked to the FTX founder.

The $3.28 million property could be one of a long list of assets that the disgraced Bankman-Fried, 30, is offloading following the seizure from the feds.

The DC townhouse was purchased by Bankman-Fried's brother Gabe as part of his non-profit Guarding Against Pandemics.

The crypto influencer partly funded the purchase of the property, which was bought for the same price it is being sold for in April last year.

The 4,100-square-foot property is a redbrick-fronted home with four bedrooms and five bathrooms near the US Capitol.

Gabe Bankman-Fried's Guarding Against Pandemics non-profit, aimed at preventing another pandemic, reportedly wined and dined notable Democrat and Republican representatives at the DC home shortly before FTX's downfall.

Bankman-Fired's brother Gabe was a Wall Street trader and Democrat congressional staffer before setting up the organization.

The purchase of the house was partly funded by Sam Bankman-Fried as a signal to DC that the FTX founder 'and his network were in DC to stay', Puck reported. 

Retailor.com said the property was reportedly purchased as a DC base for Bankman-Fried's FTX company where they could meet and network with politicians.

According to the listing, the townhouse has huge 10ft ceilings and hardwood floors throughout, and a modern chef's kitchen fitted with a walk-in pantry, breakfast nook, and banquet seating.

There is also an elevator to access each floor of the property including an underground gated garage. There are also four gas fireplaces to warm the house during the winter months as well as top-range modern appliances like a custom-temperature controlled wine fridge.

With federal prosecutors seizing $700 million in assets, it now appears Sam Bankman-Fried has decided to cut his losses on the modern Victorian brownstone.

Bankman-Fried is accused of defrauding investors and diverting billions of dollars in FTX customer money to his hedge fund. He is accused of using the hedge fund as a piggy bank to fund his lavish lifestyle, personal investments, and political donations.

The crypto entrepreneur is accused of securities fraud, wire fraud, money laundering, conspiracy, and political campaign finance violations. If convicted, he could be jailed for up to 115 years.

He is under house arrest at his parent's $4 million Palo Alto, California.

Bankman-Fried's parents put up their home as collateral as part of his $250 million bond release.

He has so far protested his innocence.

The property portfolio tied to FTX and Sam Bankman-Fried has turned heads before. Shortly after the company's implosion, it was revealed that they splashed out on $256.3 million last year alone.

Attorneys for FTX said in December that the company spent $300 million buying properties in the Bahamas for its senior staff.

According to a separate review of property records by Reuters, FTX, its senior executives, and Bankman-Fried's family are estimated to have bought at least 19 properties worth nearly $121 million in the Bahamas over the past two years.

The most expensive purchase was a $30 million penthouse at the Albany Bahamas, a resort where Tiger Woods hosts a golf tournament every year.

Located on the penthouse floor of a building called the Orchid, the 12,000-square-foot, a six-bedroom penthouse was reportedly shared by Bankman-Fried and nine of his colleagues.

The company also purchased seven condominiums costing $72 million in the Albany resort, located on the southwestern coast of New Providence island.

The deeds show these properties, bought by a unit of FTX, were to be used as 'residence for key personnel' of the company, according to Reuters. It was unclear who lived in the apartments.

Property records also show three condos purchased by top FTX executives at One Cable Beach, a beachfront enclave in Nassau.

The condominiums cost between $950,000 and $2 million and were bought by Nishad Singh, the former head of engineering at FTX, Gary Wang, an FTX co-founder, and Bankman-Fried for residential use, according to Reuters.