Sam Bankman-Fried is seeking documents from a law firm that advised his defunct FTX cryptocurrency exchange, saying in a court filing that they could help him beat fraud charges. The former crypto mogul said the documents could prove that he relied on legal advice from Silicon Valley law firm Fenwick & We
Sam Bankman-Fried is seeking documents from a law firm that advised his defunct FTX cryptocurrency exchange, saying in a court filing that they could help him beat fraud charges.
On Tuesday, he asked a judge to order prosecutors to turn over documents related to Fenwick’s legal advice on matters central to the government’s case, including FTX’s use of disappearing messaging services and failure to properly register with regulators. Bankman-Fried rode a boom in digital currency to a $26 billion net worth and became an influential political and philanthropic donor before FTX sought Chapter 11 protection in November.
On May 8, Bankman-Fried urged U.S. District Judge Lewis Kaplan to dismiss most of the charges, arguing prosecutors made a “rush to judgment” after the stunning collapse of FTX, which was once considered a bulwark of the volatile crypto industry.
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