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The DoJ prosecutors have eliminated five charges relating to fraud, conspiracy, and bribery initially levied against the disgraced FTX founder. In a court filing on Wednesday, June 14, prosecutors with the US Department of Justice (DoJ) told the district judge that they would be proceeding with eight charges in the
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The criminal trial of FTX co-founder Sam Bankman-Fried will only be going ahead with the eight charges he was originally pinned for by United States prosecutors, at least for now.In a June 14 court filing, prosecutors with the Department of Justice (DOJ) wrote a letter to District Judge Lewis Kaplan
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Attorneys for former FTX CEO Sam Bankman-Fried (also known as “SBF”) are seeking to sever or dismiss six charges from his upcoming trial, claiming that it may take years for courts in The Bahamas to rule on whether they will allow him to be tried for these offenses, according to a
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Former FTX CEO Sam Bankman-Fried claims prosecutors have missed discovery deadlines for key pieces of evidence required in the defense of a raft of fraud charges.On June 5, Bankman-Fried’s lawyers told United States District Judge Lewis A. Kaplan in a letter that the government had not turned over all of
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Lawyers representing SBF say that these documents from the former FTX law firm contain information that could absolve the former CEO. Sam Bankman-Fried (SBF) is trying to beat the fraud charges levied against him by requesting documents from the law firm that provided counsel for him, Alameda Research and FTX. According
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Sam Bankman-Fried (SBF) is seeking to subpoena documents from Fenwick & West. That’s the law firm that served as the outside counsel to FTX, Alameda Research and SBF personally from “early in their development” until the FTX bankruptcy. Now SBF’s legal team wants to use the documents in his defense
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United States prosecutors will drop some of the charges against former FTX CEO Sam-Bankman Fried if The Bahamas government objects to them, according to a document filed on May 29 in the U.S. District Court for the Southern District of New York.And the charges against Sam Bankman-Fried are beginning to
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Michael Lewis, the bestselling author of The Big Short and Moneyball, has revealed that he has almost finished writing his book on Sam Bankman-Fried (SBF) and the collapse of the FTX crypto exchange.The upcoming book is titled Going Infinite: the Rise and Fall of a New Tycoon, and Lewis initially
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Meanwhile, the defunct FTX continues to pursue various options to recover customer funds. Former FTX CEO Sam Bankman-Fried has on Monday filed an ex parte motion before a Federal Court. The motion, as filed through the office, seeks to dismiss 10 out of 13 US charges against the former CEO. The
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Former FTX chief executive officer Sam Bankman-Fried used Twitter and other means to spread "fake rumors" about Binance chief executive officer Changpeng Zhao, according to Patrick Hillmann.In an April 21 Twitter thread, Hillmann — the chief strategy officer at Binance — said Bankman-Fried used his influence to label CZ as
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