Future Tech

U.S. prosecutors ask to postpone SEC, CFTC cases against Bankman-Fried

Tan KW
Publish date: Wed, 08 Feb 2023, 08:04 AM
Tan KW
0 462,452
Future Tech

NEW YORK - U.S. prosecutors on Tuesday asked a judge to postpone civil cases brought against FTX founder Sam Bankman-Fried by federal regulators until a parallel criminal case against the former billionaire concludes.

The Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have each filed civil fraud cases against Bankman-Fried over the collapse of his cryptocurrency exchange.

Bankman-Fried has pleaded not guilty to criminal fraud charges in Manhattan federal court.

 


  - Reuters

 

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment