Following Federal Prosecutors asked U.S. district judge Lewis Kaplan to modify the terms of the Sam Bankman-Fried bond agreement. SBF’s lawyer pleaded U.S. judge not to restrict the cryptocurrency exchange FTX executive’s ability to contact former colleagues as a condition of his release on bail. According to a 27th January
Sam Bankman-Fried (SBF), the co-founder of the now-defunct cryptocurrency exchange FTX, has reportedly attempted to influence the witnesses. In a recent court document, the U.S. prosecutors declared that the former CEO of FTX tried to persuade a witness in the case being investigated by the US government. In the wake
The crypto communities keenly observed FTX case had taken a few new turns such as the request for interrogating the previous CEO’s parent and sibling. The Bankman-Fried family will probably be answering the FTX lawyer’s question under the oath. Courts proceedings between the SEC and the collapsed crypto firm FTX
United States District Court of the Southern District of New York judge requested the identities of the two people who guaranteed the $250 million bail bond for former FTX CEO Sam Bankman-Fried ‘SBF.’ According to U.S. attorney Lewis Kaplan’s Jan 12 letter, prominent media organizations such as Bloomberg, the Financial
According to reports, the bankruptcy court handling FTX’s case has rejected a letter signed by four US senators seeking an impartial examiner in the case. Concerns over FTX’s interconnection to Sullivan & Cromwell LLP were mentioned by the senators in a letter they sent on January 9th. The letter defined
Sam Bankman Fried’s (SBF) former roommate and confidant is reportedly looking to secure a plea deal. Nishad Singh, the former engineering chief at FTX, reportedly met with federal prosecutors to join Bankman Fried’s inner circle and negotiate a cooperation agreement in the fraud case involving the collapse of the cryptocurrency
Sam Bankman-Fried, the former CEO of FTX and the well-known crypto personality is set free by the Manhattan federal court. The US district court judge, Gabriel Gorenstein has granted the SBF bail for $250 million, along with further restrictions. SBF’s prior bail was rejected in the Bahamas, where he got
Sam Bankman-Fried, the founder of the bankrupt crypto exchange, FTX, has been denied bail by a judge in the Bahamas. According to the latest reports, the Bahamian authorities will continue to detain Bankman-Fried, following his arrest held on December 12. Joyann Ferguson-Pratt, the judge presiding over the case, has ordered
Sam Bankman-Fried, the former CEO of FTX, has said he won’t testify before Congress until he’s finished learning and assessing what transpired. U.S. Representative Maxine Waters invited Bankman-Fried to appear at a hearing for the U.S. House Committee on Financial Services on December 13 to investigate “what happened” at FTX
At The New York Times’ annual DealBook Summit, Sam Bankman-Fried was interviewed by Andrew Ross Sorkin on Wednesday. He discussed a variety of topics, including risk management, philanthropy, regulation, and real estate in the Bahamas. SBF acknowledged that he “screwed up” and did commit serious mistakes. He said that he
