Mother, older brother, and ex-executive Sam Bankman-Fried Refusing to cooperate in investigation of FTX finances, according to failed crypto exchange lawyers report
A team of attorneys are currently searching for and recovering FTX’s assets since declaring bankruptcy in November, according to a filing.submit to courton Wednesday, and now they intend to issue a summons to Sam Bankman-Fried, his family and others.
However, only some responded to letters sent by FTX attorneys asking for more information. But no one has yet voluntarily provided the requested documents or information.
Notably, former Alameda CEO Caroline Ellison and FTX co-founder Gary Wang, who declined to provide the information requested by attorneys.
Although they did not cooperate in FTX’s bankruptcy case, both Ellison and Wang agreed to cooperate with prosecutors in a criminal case against Bankman-Fried After they pleaded guilty to fraud charges
Lawyers for FTX said they saw no involvement or response from brother Gabriel Bankman-Fried. While Barbara Fried’s mother “ignored all requests”
However, discussions with Bankman-Fried’s father, Joseph Bankman, and former FTX COO Zhe Wang have made good progress.
“Some people cooperate in providing important information. But there are others who are not. Therefore, obtaining subpoenas against those who have not provided the missing information is critical to the recovery efforts of debtors and councils,” the lawyers said. It added that there were still “important questions” about FTX’s finances and transactions that needed to be answered.
refer : LINK
The post Lawyer Oh! Neither Caroline Ellison, SBF’s mother and former FTX executive, refused to cooperate in the FTX financial investigation which appeared first on Bitcoin Addict.