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  • Exclusive: FTX’s former top lawyer aided U.S. authorities in Bankman-Fried case
    Business Lawyer

    Exclusive: FTX’s former top lawyer aided U.S. authorities in Bankman-Fried case

    January 7, 2023 /

    Jan 5 (Reuters) – FTX’s previous prime attorney Daniel Friedberg has cooperated with U.S. prosecutors as they examine the crypto firm’s collapse, a source familiar with the make a difference explained, introducing strain on founder Sam Bankman-Fried who was arrested on legal fraud rates last thirty day period. Numerous other former FTX executives have also engaged counsel to discuss their cooperation with prosecutors, two individual resources said. Friedberg gave particulars about FTX in a Nov. 22 conference with two dozen investigators, the man or woman reported. The meeting, held at the U.S. Legal professional for the Southern District of New York’s workplace included officials from the Justice Office, Federal Bureau…

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    Nicholas Allbright Comments Off on Exclusive: FTX’s former top lawyer aided U.S. authorities in Bankman-Fried case

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  • Bernie Madoff’s lawyer says Sam Bankman-Fried should ‘shut up’
    Business Lawyer

    Bernie Madoff’s lawyer says Sam Bankman-Fried should ‘shut up’

    December 24, 2022 /

    Mintz & Gold lover and previous Madoff attorney Ira Lee Sorkin discusses Sam Bankman-Fried’s lawful difficulties and what’s future for him and his cronies on ‘The Claman Countdown.’ Though watching media and paparazzi storm fallen FTX founder Sam Bankman-Fried exterior a New York Metropolis courthouse, Bernie Madoff’s former lawyer was feeling “deja vu all over all over again.” “I have been there, carried out that,” Ira Lee Sorkin, the attorney who represented Madoff all through his Ponzi plan demo, said in an special job interview on “The Claman Countdown” Thursday. “When the scope of the Madoff fraud produced, it became a circus. . . . There ended up cameras all…

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    Nicholas Allbright Comments Off on Bernie Madoff’s lawyer says Sam Bankman-Fried should ‘shut up’

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    Lawyer fees mount in crypto bankruptcies

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  • FTX founder Bankman-Fried sent back to Bahamas jail
    Medical Lawyer

    FTX founder Bankman-Fried sent back to Bahamas jail

    December 20, 2022 /

    FTX founder Sam Bankman-Fried was despatched back to a Bahamas jail Monday in a chaotic courtroom scene, after a described program for him to waive his extradition to the U.S. stalled. On the other hand, numerous media studies afterwards in the day said that he had informed his Bahamian attorney to carry on with extradition hearings, and he is now predicted back again in court docket afterwards this 7 days. Stories more than the weekend indicated that Bankman-Fried would consent to extradition, but the previous crypto billionaire advised a different tale Monday, demanding to see a copy of his federal indictment prior to agreeing to return to the U.S. He will return…

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    Nicholas Allbright Comments Off on FTX founder Bankman-Fried sent back to Bahamas jail

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  • Bernie Madoff’s lawyer has some advice for FTX’s Sam Bankman-Fried: Shut Up
    Business Lawyer

    Bernie Madoff’s lawyer has some advice for FTX’s Sam Bankman-Fried: Shut Up

    December 3, 2022 /

    The lawyer who represented Bernie Madoff has this advice for Sam Bankman-Fried: Shut up. Plenty of with this entire media apology tour, explained Ira Sorkin, guide protection lawyer for Madoff, late mastermind of a single of the best Ponzi techniques of all time. As authorities sift as a result of the wreckage of FTX, Bankman-Fried’s collapsed crypto empire, the man regarded as SBF has been chatting to just about all people, such as the New York Periods and the ABC chat present “Good Early morning America.” Once more and all over again, he’s denied intentionally commingling shopper revenue or trying to swindle anybody. Federal authorities are investigating precisely that. Neither…

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