“Crossed A Line”: FTX Founder Sam Bankman-Fried May Be Jailed Before Trial

[ad_1] Mr Bankman-Fried had consented to a gag order, but asked that it also apply to other witnesses New York: A US judge on Wednesday tightened Sam Bankman-Fried’s bail conditions by restricting his ability to communicate publicly, and said he will consider jailing him before the trial over the collapse of his FTX cryptocurrency exchange. … Read more

FTX Founder Sam Bankman-Fried Accused of Witness Tampering

[ad_1] US prosecutors have accused FTX founder Sam Bankman-Fried of witness tampering and asked a federal judge to issue an order that would bar the former billionaire and other parties from making public statements likely to interfere with a fair trial. The prosecutors wrote to US District Judge Lewis Kaplan on Thursday referencing a New … Read more

FTX Sues Founder Sam Bankman-Fried, Seeks to Recoup Over $1 Billion

[ad_1] FTX Trading on Thursday sued founder Sam Bankman-Fried and other former executives of the cryptocurrency exchange, seeking to recoup more than $1 billion (nearly Rs. 8,200 crore) they allegedly misappropriated before FTX went bankrupt. The complaint filed in Delaware bankruptcy court also names as defendants Caroline Ellison, who led Bankman-Fried’s Alameda Research hedge fund; … Read more

FTX Accuses Former Lawyer of Aiding Fraud by Sam Bankman-Fried

[ad_1] Bankrupt cryptocurrency exchange FTX sued one of its former top lawyers, accusing him of aiding fraud by company founder Sam Bankman-Fried and silencing whistleblowers who reported wrongdoing at the company. The complaint, filed on Tuesday in US Bankruptcy Court in Delaware, describes Daniel Friedberg, a former chief compliance officer at FTX and general counsel … Read more

FTX’s Sam Bankman-Fried May Blame Firm’s Lawyers in Fraud Trial

[ad_1] Indicted FTX founder Sam Bankman-Fried seems to be gearing up to blame the lawyers who helped him establish the crypto exchange. That’s the subtext of a motion filed on Tuesday by his lawyers at Cohen & Gresser, who are defending Bankman-Fried against federal charges of fraud, conspiracy and bribery. They’re asking for access to … Read more