FTX activity power launched as Sam Bankman-Fried seems in court docket

FTX activity power launched as Sam Bankman-Fried seems in court docket


Former FTX chief govt Sam Bankman-Fried (C) arrives to enter a plea earlier than US District Judge Lewis Kaplan within the Manhattan federal court docket, New York, January 3, 2023. 

Ed Jones | AFP | Getty Images

The Manhattan U.S. Attorney’s Office stated Tuesday it had created an FTX Task Force to hint and get better property of victims of the cryptocurrency alternate agency’s collapse and to deal with investigations and prosecutions associated to the corporate and different entities.

The announcement got here as FTX founder and former CEO Sam Bankman-Fried appeared in U.S. District Court in Manhattan to plead not responsible in his felony case, the place he’s charged with a number of counts of monetary fraud and marketing campaign finance crimes.

“The Southern District of New York is working across the clock to answer the implosion of FTX,” Manhattan U.S. Attorney Damian Williams stated in a press release.

“It is an all-hands-on-deck second,” Williams added.

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2023-01-03 15:00:35 FTX activity power launched as Sam Bankman-Fried seems in court docket
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