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BankmanFrieds

sam bankman fried jail

09 Mar 23

Sam Bankman-Fried’s lawyers seek to delay trial until October

The lawyers representing Sam Bankman-Fried, the founder of collapsed crypto exchange FTX, said that his criminal trial might need to be delayed to give him more time to prepare his defense. So far, the criminal trial on the FTX case is scheduled for Oct. 2. It focuses on fraud charges brought by the Department of […]

FTX generic 4 1

22 Feb 23

Sam Bankman-Fried’s legal team challenges subpoena over procedural issues and Fifth Amendment rights

Sam Bankman-Fried’s legal counsel is opposing a subpoena requiring the former FTX boss to participate in a remote deposition. They have requested a federal judge to block the summon in question. Sam’s lawyers have contested the subpoena’s validity for him to produce documents related to the Voyager Digital case. Instead of being personally delivered to […]

1671595098 FTX generic 2

29 Jan 23

Sam Bankman-Fried’s defense moves to remove restrictions on FTX assets

On Jan. 28, Sam Bankman-Fried’s legal representatives filed paperwork to have a restriction lifted that currently prohibits the former CEO from accessing FTX’s funds. Bankman-Fried’s legal team argues for lifting restrictions Bankman-Fried’s legal team argues that bail conditions prohibiting him from accessing or transferring any assets related to FTX or Alameda Research, the trading wing associated with […]

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27 Dec 22

Sam Bankman-Fried’s FTX tenure involved former and current US financial regulators

Sam Bankman-Fried reportedly collaborated with several former and current officials in top US agencies to oversee the fallen ramp’s operations. Seemingly, his ultimate goal was to introduce concise regulations for the crypto industry. Sam Bankman-Fried deals with current and former regulators According to some sources and leaked emails, former FTX CEO Sam Bankman-Fried directly worked […]

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23 Dec 22

Crypto community reacts to Sam Bankman-Fried’s $250 million bond

The former CEO of FTX’s ability to post bail and agree to terms attached is drawing criticism from the wider crypto community. Sam Bankman-Fried’s $250 million bail bond, which allowed him to spend Christmas at his parents’ Palo Alto home without paying anything upfront, seems to have offended many who thought he would end up […]

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