
Now insiders of bankrupt crypto exchange FTX have been subpoenaed to produce specific documents within the next day, court sawdust have appeared.
Contains information about requested documents Binance’s Acquisition Proposal for FTXhave a proposal Binance eventually withdrew, Other information requested includes logs of internal communications between FTX executives, as well as evidence to back up some tweets.
Those receiving subpoenas included former FTX CEO Sam Bankman-Fried, his father Joseph Bankman, former Alameda Research CEO Caroline Ellison, and top FTX executives Gary Wang and Nishad Singh.
Everyone was given until February 16 to produce the requested documents, except for Bankman-Fried, who was given an extra day because he was asked for the most documents.
Personal Email and Real Estate Holdings
On behalf of Bankman-Fried, the subpoena sought information on companies such as FTX, Alameda Research and Emergent Fidelity Technologies. It asked for copies of all emails from both his professional and personal accounts, as well as details of real estate holdings and some supporting documents to support the claims made in one. Interview with Vox last November.
Nishad Singh, who served as FTX’s director of engineering, was asked to provide documents with technical details on several aspects of trading, including details on FTX’s automated liquidation system.
$250m bail
Bankman-Fried is still out on $250 million bail, He currently lives in his parents’ home in California, a home described by the New York Post as “a cozy abode on the edge of the Stanford University campus in Palo Alto, California”.
Bankman-Fried’s parents are both distinguished professors of law at Stanford University.
Former FTX Boss Continues Blame its competitor Binance for the collapse of FTX, In a blog post in January, he said that “an extreme, quick, targeted crash caused by the CEO of Binance left Alameda bankrupt,” and that Binance CEO changpeng zhao has “launched an extremely effective month-long PR campaign against FTX.”
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