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Bankman-Fried Appeal May Cite Unusual Preview Testimony

By Rachel Scharf · April 17, 2024, 4:49 PM EDT

Sam Bankman-Fried's appeal of his conviction and 25-year prison sentence may cite a "rather unprecedented" trial procedure in which the FTX founder gave provisional testimony before officially taking the witness stand...

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Bankruptcy Scorecard

Summary

Cryptocurrency exchange FTX filed for Chapter 11 on Nov. 11, 2022, after a rapid collapse in value.

Case Number

1:22-bk-11068

Judge

John Dorsey

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

Total liabilities are still to be determined, as a full plan has yet to be filed and FTX's tax liability is still being resolved. The IRS has filed a claim for $8 billion.

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Case Information

Case Title

USA v. SHVARTSMAN

Case Number

1:23-cr-00307

Court

New York Southern

Nature of Suit

Date Filed

June 26, 2023


Case Title

United States of America v. Bankman-Fried

Case Number

24-961

Court

Appellate - 2nd Circuit

Nature of Suit

 

Date Filed

April 12, 2024