Former U.S. attorney Marc Litt warned the ex-girlfriend of FTX founder Samuel Bankman-Fried is 'in the cross-hairs of the government' over the FTX collapse.
Former U.S. attorney Marc Litt joined 'Fox & Friends Weekend' to discuss the background on extradition and how SBF's ex-girlfriend is reportedly cooperating with officials.reportedly cooperated with federal officials, it was revealed, shortly after he was arrested in the Bahamas in connection with the collapse of his crypto empire.
Former U.S. attorney Marc Litt, who was involved in prosecuting Bernie Madoff, joined "Fox & Friends Weekend" Sunday to discuss the report alleging"It wouldn't surprise me at all," Litt told Will Cain regarding the report. "She was the CEO of a company that seems to be intimately involved in the alleged fraud, and she's… in the cross-hairs of the government… and she's got a choice to make.
Sam Bankman-Fried, founder of FTX, left, and his mother Barbara Fried at the Magistrate's Court in Nassau, Bahamas, on Tuesday, Dec. 13, 2022. Bankman-Fried was denied bail by a judge, leaving the disgraced co-f Bankman-Fried, who was arrested in the Bahamas, is expected to appear in a Bahamas courtroom on Monday to reverse course and agree to extradition.
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Sam Bankman-Fried, former FTX CEO, expected to waive extradition from Bahamas: SourcesNEW: Former FTX CEO Sam Bankman-Fried is prepared to waive extradition from the Bahamas during a court appearance that could occur as soon as Monday, multiple sources familiar with the matter told ABC News.
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US trustee, media challenging secrecy in FTX bankruptcyAttorneys for the U.S. bankruptcy trustee and several major media outlets are challenging an effort by cryptocurrency exchange FTX to withhold names of the company’s customers and creditors from the public.
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The outcome of SBF's prosecution could determine how the IRS treats your FTX lossesWill your losses to FTX be classified as capital losses or as a “theft loss” that involved a Ponzi scheme? Either way, you’ll probably win.
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US Senator: Cryptocurrency Cannot Be Stopped, FTX Collapse Isn't an Indictment of Crypto – Regulation Bitcoin NewsU.S. Senator Pat Toomey says illegal actions by FTX must be separated 'from perfectly lawful and innovative cryptocurrencies.' crypto cryptocurrency
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Democrats set aside donations from ex-FTX CEO Bankman-FriedThe three primary committees charged with electing Democrats are setting aside more than $1 million in donations from disgraced crypto mogul Samuel Bankman-Fried this election cycle.
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