SBF's Lawyer: SBF Should Be Allowed Access to Crypto Assets Held by FTX and Alameda

SBF's attorney, Mark Cohen, argues that SBF should be allowed access to the assets and cryptocurrencies held by FTX and Alameda because there is no evidence that SBF was responsible for the previously unauthorized transactions.

SBF is currently out on bail and faces charges including wire fraud and money laundering. As part of the bail conditions, SBF is prohibited from accessing cryptocurrencies held by FTX and Alameda.

In a letter dated Jan. 28, Mark Cohen said, "Nearly three weeks have passed since the initial pretrial conference, and we believe the government's investigation has confirmed Mr. SBF's long-standing assertion that he did not have access to and transfer these assets. Given that the only basis presented for seeking this condition was not supported, we believe the bail conditions presented at the conference should be rescinded."

Source

FTX

Alameda Research

SBF

Related News
Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more
FTX Plans to Give 98% of its Creditors up to 118% of Allowed Claims FTX Plans to Give 98% of its Creditors up to 118% of Allowed Claims
FTX Aims to Begin to Repay Customers by the End of 2024 FTX Aims to Begin to Repay Customers by the End of 2024
Sam Bankman-Fried Sentenced 25 Years in Prison Sam Bankman-Fried Sentenced 25 Years in Prison
Federal Prosecutors Suggest SBF to be Sentenced 40-50 Years in Prison Federal Prosecutors Suggest SBF to be Sentenced 40-50 Years in Prison
Latest News More More
2 Days Ago 0xbow unveils ‘Privacy Pools,’ a new blockchain privacy tool drawing from Vitalik Buterin’s research
March 27 Ethereum edges closer to deploying Pectra on mainnet with successful upgrade on Hoodi testnet
March 27 MEXC Extends DEX+ Platform to Binance Smart Chain Users
March 25 Binance suspends employee for allegedly profiting off of insider information
March 25 BlackRock launches bitcoin ETP in Europe following US success
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open