Showing posts with label Sam Bankman-Fried. Show all posts
Showing posts with label Sam Bankman-Fried. Show all posts

Friday, February 14, 2025

Banana Republican Donald Trump denies meddling in New York Mayor Eric Adams case as 6 top prosecutors quit over DOJ dismissal order


 

 ... After Sassoon refused to dismiss the case Thursday, the matter was reassigned to John Keller, the acting head of the DOJ’s Public Integrity Section, who then also refused to dismiss the case and quit, NBC reported. ...

Acting DOJ criminal division chief Kevin Driscoll also resigned Thursday after refusing to accept the Adams case.

At least three other senior officials in the DOJ’s Public Integrity Section quit after that following a meeting with the deputy attorney general. ...

Sassoon had been the lead prosecutor at the fraud and conspiracy trial of Sam Bankman-Fried, the former head of the failed cryptocurrency exchange FTX. Bankman-Fried was sentenced last March to 25 years in prison.

More.

 

Saturday, September 23, 2023

Bankruptcy estate of FTX sues Barbara Fried, Stanford Law ethics expert, for encouraging son to skirt disclosure rules

 

Very amusing.

We’re law experts, see. This is how you get around the law.

From the story,

FTX sues Sam Bankman-Fried’s parents, aims to claw back some of the $26 million in gifts and property :

The filing characterizes the correspondence as Bankman lobbying his son to “massively increase his own salary.” Within two weeks, the suit claims that Bankman-Fried had collectively gifted his parents $10 million in funds coming from Alameda, and within three months, the couple was deeded the $16.4 million property in The Bahamas.

According to the partially-redacted filing, Bankman-Fried’s parents also “pushed for tens of millions of dollars in political and charitable contributions, including to Stanford University, which were seemingly designed to boost Bankman’s and Fried’s professional and social status.” Fried is also accused of encouraging her son and others within the company to avoid, if not violate, federal campaign finance disclosure rules by “engaging in straw donations or otherwise concealing the FTX Group as the source of the contributions.”

Bankman-Fried’s parents are legal scholars who taught at Stanford Law School. His mother is an expert on ethics, while his father specializes in taxes.