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SBF and Caroline Seek New Defense Attorneys Amid FTX Crash Probe

Published 2022-12-07, 05:51 a/m
© Reuters. SBF and Caroline Seek New Defense Attorneys Amid FTX Crash Probe
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  • Bankman-Fried and Ellison reach out to new defense attorney after US authorities probe on FTX crash.
  • The FTX founder tapped Mark S. Cohen of the Cohen and Gresser law firm.
  • Bankman-Fried tweeted that he would testify to congress about the FTX crash.

FTX founder Sam Bankman-Fried, and the former CEO of Alameda Research Caroline Ellison, reach out to new defense attorneys after US authorities probe on FTX crash.

According to Reuter’s report, Bankman-Fried’s spokesperson stated that the FTX founder tapped Mark S. Cohen, co-founder of the Cohen and Gresser law firm. Meanwhile, Ellison asked Wilmer Cutler Pickering Hale and Dorr law firm to represent her. Cohen had recently defended Ghislaine Maxwell in her trial, a former socialite and sex offender.

As part of the legal team, the FTX founder’s spokesperson stated David Mills, a professor at Stanford Law School, is also consulting with Bankman-Fired during the probe.

On Monday, Bankman-Fried tweeted that he would testify to congress about the FTX crash, after understanding and reviewing what had happened. The FTX founder further claimed he is uncertain about what might happen at December 13 hearing.

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