Federal Prosecutors Ask Victims of Sam Bankman-Fried and FTX To Reach Out and Verify Their Stories

US prosecutors are telling victims of the bankrupt crypto trade FTX and its founder Sam Bankman-Fried to contact them to discover their authorized rights and share their tales.

Prosecutors have reportedly said that there are over a million traders and clients who collectively misplaced $8 billion to FTX.

In a newly established net web page for victims of the case, Wendy Olsen Clancy, a sufferer/witness coordinator on the U.S. Lawyer’s Workplace, urges them to ship an e mail to to share and confirm their tales.

“When you imagine that you could have been a sufferer of fraud by Samuel Bankman-Fried, a/ok/a ‘SBF,’ please contact the sufferer/witness coordinator at america Lawyer’s Workplace utilizing the e-mail deal with for help in verifying whether or not you’re a sufferer on this case.”

The Lawyer’s Workplace points the announcement following an eight-count indictment of the previous crypto billionaire who’s accused of spending FTX buyer funds. Prosecutors say that the victims have rights that have to be protected.

The U.S. Division of Justice already confiscated $456 million price of shares of buying and selling app Robinhood tied to Bankman-Fried. In an affidavit filed with the Japanese Caribbean Supreme Court docket, the 30-year-old says he and FTX chief know-how officer Gary Wang borrowed funds from FTX affiliate agency Alameda Analysis to fund the shell firm that owned the Robinhood shares.

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Featured Picture: Shutterstock/Yurchanka Siarhei

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