US District Judge Lewis Kaplan replaces his colleague Ronnie Abrams, who recused herself after learning the law firm Davis Polk & Wardwell, where her husband is a partner, advised FTX in 2021.
Sam Bankman-Fried’s criminal case over the collapse of his FTX cryptocurrency exchange has been reassigned to a judge recently known for handling defamation lawsuits against former US President Donald Trump and a sexual abuse lawsuit against Britain’s Prince Andrew.
US District Judge Lewis Kaplan replaces his colleague Ronnie Abrams, who recused herself on Friday after learning that the law firm Davis Polk & Wardwell, where her husband is a partner, advised FTX in 2021. Known for his no-nonsense demeanor in the courtroom, Kaplan, a judge since 1994, oversees two civil lawsuits by former Elle magazine columnist E. Jean Carroll accusing Trump of defaming her by denying he raped her in a Manhattan department store dressing room 27 years ago.
Bankman-Fried has acknowledged risk-management failures at FTX, but said he does not believe he is criminally liable for what prosecutors called a “fraud of epic proportions.” After being extradited to New York from the Bahamas to face the charges, the 30-year-old Bankman-Fried was released on Thursday– Rappler.com
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