SBF Can't Go Free While Appealing Detention, 2nd Circ. Says
By Hailey Konnath · September 6, 2023, 9:36 PM EDT
The Second Circuit declined on Wednesday to immediately release FTX founder and ex-CEO Sam Bankman-Fried while he challenges a New York federal judge's order keeping him in pretrial detention, but the...
Cryptocurrency exchange FTX filed for Chapter 11 on Nov. 11, 2022, after a rapid collapse in value.
Case Number
1:22-bk-11068
Judge
John Dorsey
Venue
U.S. Bankruptcy Court for the District of Delaware
Capital Structure
Total Liabilities:
Total liabilities are still to be determined, as a full plan has yet to be filed and FTX's tax liability is still being resolved. The IRS has filed a claim for $8 billion.