Feds Rail Against Sam Bankman-Fried in Brutal New Allegations
Criminal Justice,Sam Bankman-Fried,Cryptocurrency,FTX
A flurry of allegations rained down on FTX founder Sam Bankman-Fried on Thursday, ranging from new claims about financial impropriety to an accusation that he leaked his ex’s diary entries to The New York Times.
First, in a lawsuit filed in Delaware court on Thursday, FTX claimed that Bankman-Fried is funding his legal bills with misappropriated cash: Last year, he allegedly sent his dad $10 million, the company said—money that is now being used to pay his lawyers. The allegations echo earlier reporting by Forbes.
Separately, prosecutors in the Southern District of New York sent a letter to the judge presiding over his case on Thursday, accusing Bankman-Fried of attempting “to interfere with a fair trial by an impartial jury.” According to the memo, he gave documents to a Times reporter that sought to discredit his ex-girlfriend Caroline Ellison, who once ran Bankman-Fried’s crypto hedge fund Alameda Research. (Ellison pleaded guilty to criminal charges in December and is cooperating with prosecutors in their case against him.)
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