Lawyers from FTX asked to subpoena Sam Bankman-Freed along with his family
FTX's bankruptcy lawyers told the court that there was a definite need to summon Sam Bankman-Fried and his family to a hearing. In addition, lawyers said that invitations must be issued to other people holding positions in the top management of the FTX exchange. The information came from The Block journalists citing documents.
The petition expressed by the lawyers towards the representatives of the court, according to them, is a decisive factor for the efforts that are being made in the actions to collect debts.
Lawyers said that it is necessary to summon Sam Bankman-Fried, his brother Gabriel, his parents, other co-founders of the American cryptocurrency exchange Gary Wang and Nishad Singh, ex-head of Alameda Research Caroline Ellison and ex-CEO of FTX Trading Constance Wang.
Caroline Ellison, the former head of Alameda Research, stands out in particular from the above list due to the fact that she admitted the guilt of companies owned by SBF in causing large losses to investors.
The lawyers said that all the persons named by them are people who own insider information. If they provide the court with the necessary information, this will make the process of solving the mystery of the theft of funds for a whopping $ 1,800,000,000 as much as possible.
This year, US federal prosecutors were able to seize $697,000,000 of SBF assets. They were predominantly made up of over 55,200,000 Robinhood shares. Their total cost was estimated at $526,000,000.
Earlier, we reported that new documents came to court, in which more than 100 creditors were named who provided financial assistance to the American cryptocurrency exchange. It turned out that FTX also owes a lot of money to companies such as Google, Apple, Microsoft, Amazon, Coinbase, Wall Street Journal, LinkedIn, Twitter, The New York Times, Meta and others. You can read more about it here .
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