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Former FTX CEO Sam Bankman-Fried to appear in court remotely

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Former FTX CEO Sam Bankman-Fried to appear in court remotely

Source: blockchain.news

Representatives of Voyager Digital’s unsecured creditors have requested that former FTX CEO Sam Bankman-Fried (SBF) as well as numerous high-level FTX and Alameda Research officials hand over documents and appear in court remotely. for a deposit next week.

According to a document filed February 18 in the United States Bankruptcy Court for the Southern District of New York, Bankman-Fried had been served with a “subpoena to testify in a deposition in a bankruptcy case.” “.

It was served by the Official Committee of Unsecured Creditors of Voyager Digital Holdings, which is a defunct cryptocurrency lending exchange. They informed him that he needed to appear for the “remote deposition” on February 23.

In addition, it ruled that Bankman-Fried had until February 20 to produce all the “documents and conversations” that were sought.

This comes as a result of the fact that it was revealed in a court filing on February 6 that Voyager’s lawyers had filed a subpoena against Bankman-Fried in addition to Alameda CEO Caroline Ellison, FTX co-founder Gary Wang, and the director of FTX. Ramnic Arora product.

By February 17, it was mandatory for each person to provide the desired information.

In the past, Judge John Dorsey had granted FTX debtors permission, in accordance with bankruptcy court rules, to issue subpoenas requesting information and documents from former FTX co-workers as well as Bankman-Fried family members. .

It was revealed on February 16 that Bankman-bail Fried’s could be revoked after Judge Lewis Kaplan ruled there was “probable cause” to believe he attempted witness tampering. Judge Kaplan stated that there was “probable cause” to believe that Bankman-Fried attempted to tamper with a witness.

Previous court filings filed on February 3 indicated that Fried’s Bankman-holding company, Emergent Fidelity Technologies, had also filed for protection under the bankruptcy code.

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