Sam Bankman-Fried lawyers up after feeling the US authorities breathing behind his neck.
According to a Dec. 6 report from Reuters, Bankman-Fried's spokesperson Mark Botnickthe former FTX CEO has retained Cohen amid a flurry of civil litigation from investors in the crypto exchange and investigations by lawmakers and regulators in the United States. Cohen, a co-founder of law firm Cohen & Gresser, was a former assistant U.S.
Lawmakers with the U.S. Senate and House of Representatives have announced separate hearings to investigate the collapse of FTX and the potential impact on investors and traditional markets. Leadership with the House Financial Services Committee has to speak at a hearing on FTX on Dec. 13, but the former CEO suggested he would only testify after “learning and reviewing what happened.” It’s unclear whether he would speak in person or remotely from the Bahamas.under Chapter 11 in the District of Delaware on Nov. 11, following a reported “liquidity crunch” in which the firm claimed billions in leverage making it unable to meet user withdrawal demands.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
FTX founder Sam Bankman-Fried says he will testify before CongressSam Bankman-Fried says he is willing to testify before Congress about the failure of his FTX cryptocurrency exchange but that he might not be ready by Dec. 13, when House Democrats will hold a hearing.
Consulte Mais informação »
Sam Bankman-Fried says he will testify before Congress on FTX collapseBut he might not make it to next week’s hearing.
Consulte Mais informação »
FTX Founder Sam Bankman-Fried Would Have 'Ridiculed' Others For Making His Mistakes | CoinMarketCapSam Bankman-Fried said in an interview this weekend that bad systems left him blind to how big trading firm Alameda's losses were.
Consulte Mais informação »
Sam Bankman-Fried could face years in prison for FTX collapseFTX founder Sam Bankman-Fried could end up behind bars for years, although much needs to happen first as federal entities probe the company’s spectacular collapse.
Consulte Mais informação »