U.S. judge puts SEC, CFTC cases against FTX's Sam Bankman-Fried on hold

U.S. District Judge Kevin Castel in Manhattan granted a Justice Department motion to stay the lawsuits filed by the Securities and Exchange Commission and the Commodity Futures Trading Commission.

Prosecutors said it made sense to delay those lawsuits because the cases substantially overlapped, and the outcome of the criminal case would likely affect what issues remained in the civil cases. They also cited the risk that Bankman-Fried could gather evidence in the civil cases to improperly impeach government witnesses, circumvent discovery rules in criminal cases, and tailor his criminal defense.

Told ya he spent that money well😂

If he’s the poster boy of the left then Whoopi and Joy Reid are their sexy calendar girls.🤣

AutismCapital

Reads like the government should be privileged to an advantage that you shouldn't................................

Why on hold? Throw the bum in prison.

Hairy plotter on the spot !

Sam Bankman-Fried should be facing life in prison, similar to Bernie Madoff.

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CFTC Case Against Sam Bankman-Fried Postponed Until After Criminal TrialA judge has granted a request by U.S. prosecutors to have the CFTC’s civil case against Sam Bankman-Fried be postponed until after the criminal case against him is completed. By NelWang NelWang That's going to be a long wait. NelWang Great. they can waste tax payer money to get a judgment against him that he will never repay or have the means to once he's out of his extended prison stay. NelWang Because he’s the real victim here..
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