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FTX’s Sam Bankman-Fried sought leniency from foreign regulators, says Justice Department

2 min read . Updated: 31 Jan 2023, 06:28 PM IST James Fanelli, The Wall Street Journal

Samuel Bankman-Fried leaves Manhattan federal court in New York (AP) — Samuel Bankman-Fried leaves Manhattan federal court in New York **(AP)**

Founder tried to transfer assets, hoped to regain control of crypto exchange, prosecutors allege in filing

FTX founder Sam Bankman-Fried attempted to stall bankruptcy proceedings in the U.S. in November in order to transfer assets from his crypto exchange to foreign regulators, the Justice Department alleged in a filing Monday.

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FTX’s Sam Bankman-Fried sought leniency from foreign regulators, says Justice Department

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