NEW YORK, Jan 7 (Reuters) – The U.S. authorities has launched an internet site for victims of FTX cryptocurrency trade founder Sam Bankman-Fried’s alleged fraud to speak with regulation enforcement.
In an order late Friday night time, U.S. District Decide Lewis Kaplan in Manhattan licensed federal prosecutors to make use of the web site, and never need to contact victims individually.
FTX may owe cash to greater than 1 million folks, making it “impracticable” to contact every, prosecutors had stated.
Federal regulation requires prosecutors to contact potential crime victims to tell them of their rights, together with the rights to acquire restitution, be heard in courtroom and be protected against defendants.
“For those who consider that you’ll have been a sufferer of fraud by Samuel Bankman-Fried, A/Okay/A/ ‘SBF,’ please contact the sufferer/witness coordinator at america Lawyer’s workplace,” the web site learn. The web site had gone dwell by Friday afternoon.
Bankman-Fried, 30, has pleaded not responsible to eight counts of wire fraud and conspiracy over November’s collapse of FTX.
Prosecutors have stated he stole billions in FTX buyer deposits to pay money owed for his hedge fund, Alameda Analysis, and lied to traders about FTX’s monetary situation.
The onetime billionaire has acknowledged danger administration shortcomings, however stated he didn’t think about himself criminally liable.
Neither the U.S. Lawyer’s workplace in Manhattan nor Bankman-Fried’s legal professionals instantly responded to requests for touch upon Friday.
Reporting by Luc Cohen in New York Modifying by Leslie Adler, Alexandra Hudson
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