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SBF served a subpoena to appear in court remotely

FTX Estate Reclaims $460 Million from Hedge Fund Linked to Former FTX CEO Sam Bankman-Fried

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TL;DR

  • Voyager’s Unsecured Creditors have asked SBF and other high executives from FTX and Alameda Research to submit documents and virtually appear in court for a deposition.
  • The court hearing is slated to hold on February 23.

Voyager’s Unsecured Creditors have asked Sam Bankman-Fried (SBF) and other high executives from FTX and Alameda Research to submit documents and virtually appear in court next week for a deposition.

On February 18, a filing in the US Bankruptcy Court for the Southern District of New York revealed that SBF was served with a subpoena to testify at an upcoming deposition regarding bankruptcy.

The Official Committee for the Unsecured Creditors of Voyager Digital Holdings, a bankrupt crypto lending exchange, issued the subpoena demanding that he appear for the”remote deposition” on February 23.

The agreement also stated that SBF has to provide all requested documents and communications by February 20. Also, in a February 6 court filing, it was disclosed that Voyager’s attorneys had previously served subpoenas to SBF, Alameda CEO Caroline Ellison, FTX co-founder Gary Wang and the company’s Head of Product Ramnic Arora. The subpoena was for SBF’s team to provide vital documents by February 17.

Judge John Dorsey also allowed FTX debtors to serve subpoenas for records and documents from SBF’s former associates and relatives in compliance with bankruptcy court protocols. On February 16, Judge Lewis Kaplan revealed that there was likely cause to revoke SBF’s bail due to his suspected attempt to influence witnesses. A February 3 court filing submitted to the court revealed that Emergent Fidelity Technologies, SBF’s holding company, had filed for bankruptcy protection.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

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Damilola Lawrence

Damilola is a crypto enthusiast, content writer, and journalist. When he is not writing, he spends most of his time reading and keeping tabs on exciting projects in the blockchain space. He also studies the ramifications of Web3 and blockchain development to have a stake in the future economy.

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