News

Voyager Unsecured Creditors Committee Requests SBF Remote Witness Feb 23

Key Points:

  • Voyager’s unsecured creditors requested the document and SBF appeared to testify remotely on February 23.
  • SBF’s team to provide important documents by February 17th.
  • SBF is required to provide all requested “documents and communications” by February 20.
Sam Bankman-Fried (SBF) and other top executives from FTX and Alameda Research have been requested to submit documents and virtually appear in court for a deposition the next week by Voyager’s Unsecured Creditors.

SBF received a subpoena on February 18 asking them to appear at a bankruptcy deposition that would be taking place, according to a document filed in the US Bankruptcy Court for the Southern District of New York.

He was served with a subpoena by the Official Committee for the Unsecured Creditors of Voyager Digital Holdings, a defunct crypto loan exchange, ordering him to show up on February 23 for the “remote deposition.”

The agreement further stipulated that SBF must deliver all conversations and documents upon request by February 20. The lawyers for Voyager also revealed that they had already sent subpoenas on SBF, Alameda CEO Caroline Ellison, FTX co-founder Gary Wang, and the company’s Head of Product Ramnic Arora in a court document from February 6. The subpoena demanded crucial papers from the SBF team by February 17.

Judge John Dorsey had previously authorised FTX debtors under bankruptcy court rules to issue subpoenas for information and documents from former FTX colleagues and family members of Bankman-Fried.

Currently, SBF is also under strict supervision during the bail period. On February 17, the judge also issued a warning that the former FTX director’s bail could be revoked if he knowingly violated the court order.

Specifically, prosecutors had previously sent letters accusing Bankman-Fried of knowingly accessing a VPN to watch the Super Bowl. This raised concerns that he could be placed under loose house arrest and given the opportunity to influence the testimony of witnesses before the trial.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Foxy

Coincu News

Andy

Recent Posts

Spectral Labs Joins Hugging Face’s ESP Program to advance the Onchain x Open-Source AI Community

New York, New York, May 7th, 2024, ChainwireSpectral is excited to announce its participation in…

2 hours ago

Franklin Bitcoin ETF Trading Rules Proposed Changes By CBOE To Better Support Investors

CBOE proposes rule changes affecting Franklin Bitcoin ETF trading, potentially altering purchase timing for traders.

4 hours ago

Ethernity Transitions to an AI Enhanced Ethereum Layer 2, Purpose-Built for the Entertainment Industry

LOS ANGELES, United States, May 7th, 2024, ChainwireGlobal brands and talent will be able to…

4 hours ago

Robinhood Wells Notice Is a Warning to Tokens Violation Of Securities Laws, SEC Chair Said

Robinhood Wells Notice from the SEC indicates potential legal action over alleged securities violations in…

5 hours ago

Blast Review: The First Layer 2 Native Yield Project

Blast Review, the first Layer 2 providing automatic profits to ETH assets and stablecoin holdings,…

6 hours ago

New Crypto Casino TG.Casino Becomes Regional iGaming Partner of AC Milan

Milan, Italy, May 7th, 2024, ChainwireCryptocurrency casino platform TG.Casino and iconic Italian football team AC…

6 hours ago

This website uses cookies.