Sam Bankman-Fried was charged with stealing billions of dollars from FTX customers while misleading investors and lenders connected to his crypto-trading firm Alameda Research.
Lawyers from Paul, Weiss, Rifkind, Wharton & Garrison LLP had been advising Mr. Bankman-Fried before the federal charges but because of a conflict they referred him to Mr. Cohen, according to people familiar with the matter.
The two lawyers worked with local counsel to secure his transfer to U.S. custody while negotiating with federal prosecutors his pretrial release under a $250 million bond. They are now tasked with combing through voluminous and technical discovery, including documents relating to FTX investors, debtors and political campaigns.
The founder and former CEO of cryptocurrency exchange FTX Sam Bankman-Fried leaves the Magistrate Court building in Nassau, Bahamas, on Dec. 19, 2022. "He’s very entrepreneurial," said lawyer Mark Zauderer, who shared a client with Mr. Cohen. "He’s expanded rapidly and attracted very able lawyers."Joel Cohen, a partner at law firm Gibson, Dunn & Crutcher LLP who isn’t related to Mark, said Mark is his go-to person for referring clients he is unable to represent or for a senior executive needing a separate lawyer. The two men worked together representing a fund manager and analyst at hedge fund Wynnefield Capital Inc.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Sam Bankman-Fried Wants to Hide Who’s Co-Signing His BailThe FTX founder wants a court to shield the names of his deep-pocketed guarantors.
Baca lebih lajut »
DOJ Asks Victims of Sam Bankman-Fried's Fraud to Come Forward – Featured Bitcoin NewsThe U.S. Department of Justice (DOJ) has asked victims of former FTX CEO Sam Bankman-Fried's fraud to come forward. SBF crypto cryptocurrency
Baca lebih lajut »
Prosecutors launch website to notify Sam Bankman-Fried's alleged victimsNEW YORK — There are so many victims of the fraud allegedly perpetrated by FTX founder Sam Bankman-Fried federal prosecutors said it would be impractical for them to individually notify all of them. So, late Friday, the judge overseeing the case authorized an alternative method.
Baca lebih lajut »
Sam Bankman-Fried's Robinhood stock seized by DoJ in FTX caseSam Bankman-Fried's Robinhood shares have been seized by the Justice Department in FTX case
Baca lebih lajut »
Analysis: Bankman-Fried fraud charges sidestep debate over how U.S. law sees cryptoSam Bankman-Fried may find it hard to argue the fraud charges against him should be tossed because of uncertainty as to how U.S. law treats cryptocurrency, as other high-profile defendants in criminal cases involving digital assets have done.
Baca lebih lajut »
SBF Fights for Robinhood Shares — Says He Needs Them More Than FTX Customers Who Only Suffer 'Possibility of Economic Loss' – Featured Bitcoin NewsSam Bankman-Fried (SBF) says he needs his Robinhood shares more than FTX customers who 'face only the possibility of economic loss.' $HOOD cryptocurrency
Baca lebih lajut »