Disclaimer: This platform includes third party opinions. We do not endorse their accuracy. Digital asset prices can be volatile. Do your own insights. See full terms

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

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

Jan 28,2023,13:36

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for seeking this condition was not supported, we believe the bail conditions presented at the conference should be rescinded."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
News
Join Our Community

Get the BloFin App