June 14, 2023
A Manhattan federal judge has opened the door for FTX to fight Sam Bankman-Fried's attempt to get his hands on documents related to Fenwick & West LLP's earlier legal work for the now-bankrupt crypto exchange as he explores a potential blame-the-lawyers defense strategy.
June 12, 2023
Experts say FTX founder and former CEO Sam Bankman-Fried could run into significant challenges if he relies on an advice-of-counsel defense at his upcoming fraud trial, beginning with a long-shot bid to get his hands on documents from the fallen crypto exchange's onetime law firm.
June 09, 2023
The government urged a New York federal judge on Friday to reject FTX founder and former CEO Sam Bankman-Fried's request that prosecutors produce "largely privileged" documents from Fenwick & West LLP that contain legal advice the firm purportedly gave to FTX, saying the motion is "an impermissible attempt to circumvent discovery rules."
June 06, 2023
FTX founder Sam Bankman-Fried told a Manhattan federal judge that the government has missed discovery deadlines for several pieces of evidence needed to mount a defense to a litany of fraud charges.
May 31, 2023
FTX founder Sam Bankman-Fried wants access to documents related to Fenwick & West's past work for the bankrupt cryptocurrency exchange as he mounts a defense to a raft of fraud charges.
May 30, 2023
Prosecutors told a Manhattan federal judge Monday that there's no basis for tossing the indictment against FTX founder Sam Bankman-Fried, saying cooperating witnesses and other evidence at trial will trace how the crypto mogul's theft of customer funds drilled a "multi-billion-dollar hole in FTX's balance sheet."
May 09, 2023
FTX founder Sam Bankman-Fried is looking to hold his former company's feet to the fire for its cooperation with federal prosecutors and has urged a federal judge to toss the bulk of criminal charges against him, though criminal defense attorneys on Tuesday were skeptical the disgraced crypto king's latest "spaghetti against the wall" approach would stick.
March 30, 2023
FTX founder Sam Bankman-Fried entered a not guilty plea Thursday in Manhattan federal court after prosecutors updated their criminal case against him with a 13-count, kitchen-sink indictment charging misconduct ranging from bribery to bank fraud conspiracy.
March 28, 2023
Manhattan federal prosecutors brought a new Foreign Corrupt Practices Act charge on Tuesday accusing FTX founder Sam Bankman-Fried of paying $40 million in bribes to Chinese government officials, a development one expert characterized as transforming the fraud case "from a sledgehammer to Thor's hammer."
March 10, 2023
A Manhattan federal judge appeared unsatisfied Friday with a proposed solution to disgraced FTX founder Sam Bankman-Fried's conduct while out on bail, saying the "very inventive and technologically savvy" defendant could still find ways to communicate with potential witnesses.