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  • Bankman-Fried Family Subpoenas Opposed by US Government in FTX Filing

    02/04/2023 8:55:05 AM PST · by fireman15 · 13 replies
    Coin Desk ^ | Feb 3, 2023 | Jack Schickler
    Plans for FTX and creditors to demand information on dealings would duplicate the work of the independent examiner who has yet to be appointed, the U.S. trustee said. Proposals for FTX and a committee of its creditors to subpoena founder Sam Bankman-Fried, his immediate family and senior staff of the bankrupt crypto exchange have been opposed by the U.S. Trustee, a branch of the Department of Justice dealing with bankruptcy. The plans, set to be discussed at a Wednesday hearing, would duplicate any independent examination of the exchange’s downfall, U.S. Trustee Andrew Vara said in a legal filing made Thursday....