A U.S. choose on Friday denied Sam Bankman-Fried’s push to get a regulation agency that suggested his now-bankrupt FTX cryptocurrency trade at hand over paperwork he says may help him beat fraud prices.
The onetime billionaire, who has pleaded not responsible to prices of stealing from FTX prospects and mendacity to buyers and lenders, final month mentioned the paperwork may show he relied on authorized recommendation from Silicon Valley regulation agency Fenwick & West and didn’t consider he was breaking the regulation.
U.S. District Judge Lewis Kaplan, who’s overseeing Bankman-Fried’s case, in a written order on Friday known as the request for a subpoena a “fishing expedition.”
A spokesman for Bankman-Fried, 31, declined to remark.
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Source: economictimes.indiatimes.com