U.S. prosecutors ask to postpone SEC, CFTC cases against Bankman-Fried

Kitco Media
By Reuters
Published:
Updated:
Reuters
NEW YORK, Feb 7 (Reuters) - U.S. prosecutors on Tuesday asked a judge to postpone civil cases brought against FTX founder Sam Bankman-Fried by federal regulators until a parallel criminal case against the former billionaire concludes.


The Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have each filed civil fraud cases against Bankman-Fried over the collapse of his cryptocurrency exchange. Bankman-Fried has pleaded not guilty to criminal fraud charges in Manhattan federal court.
(Reporting by Luc Cohen in New York)

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