Author: Jack Schickler

FTX’s Sam Bankman-Fried Should Have Only Flip Phone, Website Whitelist, DOJ Says

Jack Schickler

Bankman-Fried’s laptop will be restricted to a whitelist of approved websites, including news, sports, Wikipedia and the U.S government, and his use of video games and other connected applications should be restricted, U.S. Attorney Damian Williams said in a filing that said it was made “on behalf of the parties,” suggesting the former FTX executive’s defense counsel had agreed to the conditions. Author: Jack Schickler Source link

DOJ Objects to FTX’s Choice of Lawyers, Citing Conflict of Interest

Jack Schickler

“S&C’s disclosures as filed are wholly insufficient to evaluate whether S&C satisfies the Bankruptcy Code’s conflict-free and disinterestedness standards,” said Trustee Andrew Vara, a Department of Justice official responsible for bankruptcy cases. “The incomplete disclosures are a sufficient and independent reason to deny the application.” Author: Jack Schickler Source link