Another week another one bites the dust, and SBF is still on PR Tour on Twitter Spaces and getting puff pieces in top publications. Here are just a few highlights you need to know to keep up with the Cryptogeddon saga.
FTX founder Sam Bankman-Fried has reportedly hired a key member of convicted sex offender Ghislaine Maxwell’s legal team to represent him following the collapse of his cryptocurrency empire.
Bankman-Fried hired Mark S. Cohen, a managing partner and co-founder of the Cohen & Gresser law firm in New York, Reuters reported.
A former assistant US attorney, Cohen was part of a team that defended Maxwell, the longtime companion of the late convicted sex offender Jeffrey Epstein. In June, Maxwell was sentenced to 20 years in prison for helping Epstein abuse underage girls.
Bankman-Fried claims to be down to his last $100,000 — and recently asserted he wasn’t sure how he’d pay for his lawyers.
“That’s something I’m trying to figure out right now,” Bankman-Fried said during another Twitter Spaces appearance last week.
Bankman-Fried can turn to his own family for legal advice. His parents, Joseph Bankman and Barbara Fried, are both law professors at Stanford University. He is also being advised by David W. Mills, another celebrity attorney and Stanford professor, according to multiple reports.
While Bankman-Fried has not been charged with any crime, the disgraced ex-billionaire faces mounting legal and regulatory scrutiny over his role in FTX’s meltdown.
Federal prosecutors are already reportedly investigating the circumstances that led to the company’s collapse and what happened to billions of dollars that disappeared from its balance sheets.
Alameda ex-CEO Caroline Ellison spotted in New York, Twitter users claim.
A recent photo of what appears to be former Alameda Research CEO Caroline Ellison in a Manhattan coffee shop in New York has been making the rounds on Twitter.
On Dec. 4, two photos began circulating on Twitter, appearing to show Ellison ordering a coffee at the Ground Support Cafe in Manhattan.
Adding some weight to the possible sighting, Gopher, the Golden Doodle puppy, which is understood to be owned by FTX and Alameda execs, is also seen to be in the photo next to Ellison.
💹Class Action against FTX says SBF, Tom Brady, Larry David, and other celebrities 'could be liable' for crypto endorsement.