NEW: The judge overseeing FTX's bankruptcy has authorized the company to subpoena its former executives, including founder Sam Bankman-Fried, as well as Bankman-Fried's family, for information about where FTX funds may have gone. nikhileshde reports
about who may have received funds sent from the company, which may have included misappropriated customer funds.
"Certain insiders are currently cooperating with the Debtors to provide important information. But others are not, and thus authorization to issue subpoenas to those with the missing information is critical to the Debtors’ and Committee’s recovery efforts,"Judge Dorsey, of the Delaware Bankruptcy Court, signed off on the order Wednesday, noting that FTX could come back with further requests.
"The Movants are authorized under Bankruptcy Rules 2004 and 9016 to issue subpoenas to the any or all of the Insiders for the production of documents, electronically stored information, or tangible things, including those responsive to the Requests," he wrote. The scope of the information demands can still be tweaked if an independent examiner is appointed, the order said, referring to
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
FTX's Bankman-Fried, prosecutors reach deal over contact with employeesFTX founder Sam Bankman-Fried has reached an agreement with U.S. prosecutors that would let him contact some current or former employees of cryptocurrency companies he once controlled, even as he accepts other restrictive bail conditions.
Baca lebih lajut »
U.S. judge rejects bail proposal for FTX founder Bankman-FriedA federal judge on Tuesday rejected a proposal to modify Sam Bankman-Fried's bail conditions, despite an agreement between the FTX cryptocurrency exchange founder and prosecutors to address potential witness tampering concerns.
Baca lebih lajut »
FTX founder Sam Bankman-Fried heads to court after judge rejects bail requestFTX founder Sam Bankman-Fried will head to a New York courtroom Thursday to face a federal judge who said his effort to contact a likely trial witness...
Baca lebih lajut »
New FTX CEO Charged Crypto Exchange $690K Last Year: HearingNEW: Replacement FTX CEO John J. Ray III charged the bankrupt exchange $690,000 in hourly fees for 2022. realDannyNelson reports
Baca lebih lajut »
Sam Bankman-Fried Lawyer Says Agreement Has Been Reached on Use of Messaging AppsAn attorney for Sam Bankman-Fried said an agreement had been reached to modify the former FTX CEO’s bail conditions on using various messaging apps. By NelWang
Baca lebih lajut »
Sam Bankman-Fried lawyers reach agreement on use of messaging appsSam Bankman-Fried will still be able to use a number of messaging and calling services that don’t encrypt private communications, excluding WhatsApp, which he can use under supervision.
Baca lebih lajut »