DOJ seeks to stay CFTC action against former FTX CEO Samuel Bankman-Fried
The DOJ seeks an order authorizing intervention and staying the CFTC proceedings until the conclusion of the parallel criminal case.
The DOJ seeks an order authorizing intervention and staying the CFTC proceedings until the conclusion of the parallel criminal case.
Samuel Bankman-Fried allegedly concealed his diversion of FTX customers’ funds to crypto trading firm Alameda Research.
Officers of the Financial Crimes Investigation Unit (FCIU), arrested Bankman-Fried shortly after 6:00 p.m. on December 12, 2022.