FTX ex-CEO Sam Bankman-Fried likely to enter a plea on January 3, 2022
A plea is expected from SBF in Manhattan federal court next week, before U.S. District Judge Lewis Kaplan.
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A plea is expected from SBF in Manhattan federal court next week, before U.S. District Judge Lewis Kaplan.
Soumen Datta 1 min read
The DOJ is working with the Manhattan prosecution team handling the criminal case against SBF to investigate the missing funds.
The Bill Clinton-appointed judge, Lewis Kaplan, is known for his no-nonsense approach in the courtroom.
Federal judge Ronnie Abrams recused herself because the law firm, where her husband is a partner, advised and represented FTX in 2021.
The Norwegian court accepted Wright’s appeal asking for a re-run.
SBF stood before a magistrate in SDNY where he was granted bail and put under house arrest to undergo treatment for substance abuse
A recently unsealed plea agreement shows that Caroline Ellison, the CEO of Alameda Research, pleaded guilty to seven fraud charges. In return for cooperating with authorities, Ellison faces a $250,000 fine and forfeiture of any assets she obtained from FTX money.
Sam Bankman-Fried's extradition from the Bahamas is imminent.
A decision was made for Bankman-Fried to return to the U.S. after he agreed to be extradited.
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