The attorney representing Sam Bankman-Fried, the previous CEO of the now-defunct exchange FTX, has declared that the proposed jury concerns for the upcoming scams trial may have the possible to generate prejudiced reactions. In a court filing on September 29, attorney Mark Cohen, representing Bankman-Fried, competes that the jury concerns provided by the UnitedStates federalgovernment […]
FTX founder Sam Bankman-Fried, once described as the “golden boy” of crypto, is set to stare down a jury next week for his role in the collapse of his $32 billion crypto exchange. After a jury selection process on Oct. 3, the trial begins in earnest on Oct. 4, with Bankman-Fried staring down seven charges. […]
Former FTX CEO Sam Bankman-Fried will invest at least 21 days in court as part of his criminal trial, which will start in earnest on Oct. 4 and last upuntil Nov. 9, according to a freshly launched trial calendar published to the public court docket. The blossoming trial calendar, launched on Sept. 28, starts on […]
The United States federalgovernment sentout a letter to Judge Lewis Kaplan on Sept. 27 mentioning that it opposes the movement by Sam Bankman-Fried (SBF) and his representation for short-term release from prison priorto his Oct. 3 trial. The judge is setup to hear arguments from both sides lateron today. In its submitting, the federalgovernment asked […]
Rep. Patrick McHenry, who chairs the United States House Financial Services Committee, has recommended that he might attempt to subpoena the Securities and Exchange Commission (SEC) over files associated to previous FTX CEO Sam Bankman-Fried, or SBF. In a Sept. 27 hearing on oversight of the commission, McHenry declared chair SEC Gary Gensler had made […]
Prosecutors from the United States Department of Justice will be permitted to surfacearea the information of Sam Bankman-Fried’s political contributions as the proof is straight pertinent to his scams charges, ruled U.S. District Judge Lewis Kaplan. The choice was part of a series of judgments made by Kaplan in a 16-page pretrial order on Sept. […]
The consumers of insolvent cryptocurrency loaning platform BlockFi are one action closer to being paid out after a United States Bankruptcy Court in New Jersey authorized its liquidation strategy. Bankruptcy Judge Michael A. Kaplan authorized BlockFi’s 3rd modified Chapter 11 strategy in a Sept. 26 court hearing, a filing on the verysame day programs. Sept. […]
The legalrepresentative representing Sam Bankman-Fried (SBF) in his upcoming case versus the United States Department of Justice sent a restored demand for his short-lived release from prison in order to prepare for the trial. On Sept. 25, Mark Cohen askedfor that Judge Lewis Kaplan, who is administering over the case, permit SBF momentary release as […]
A law company that formerly supplied services to the now-defunct cryptocurrency exchange FTX hasactually refuted a class-action claim brought versus them declaring that it helped in the exchange’s declared deceitful activities. According to a Sept. 21 court filing, Fenwick & West, a United States law company, rejects all allegations of misbehavior associated to the arrangement […]
A three-judge panel from the United States Court of Appeals for the Second Circuit has rejected a movement for early release for previous FTX CEO Sam Bankman-Fried, or SBF. In a Sept. 21 order, Circuit Judges John Walker Jr., Denny Chin, and William Nardini rejected SBF’s movement for early release, which his group argued mostly […]
A federal judge has sided with the United States Department of Justice in movements intended at preventing the statement of 7 witnesses on behalf of previous FTX CEO Sam Bankman-Fried, or SBF. In a Sept. 21 filing with U.S. District Court for the Southern District of New York, Judge Lewis Kaplan given in limine motions […]
The California-based university Stanford University stated it prepares to return all funds it got from the now defunct cryptocurrency exchange FTX, according to a report from Bloomberg. Stanford got a overall of $5.5 million in presents from FTX-related entities in the timespan inbetween November 2021 and May2022 In an e-mail declaration on Sept. 19, a […]