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Criminal and Civil Cases Against Bankman-Fried

Bloomberg Law

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The Scc's Paperless Bankruptcy Case Is a Challenge

scc chair gary gensler said we allege that sam bankman freed built a house of cards on a foundation of deception while telling investors that it was one of the safest buildings in crypto does the scc have to prove that investors relied on his alleged misrepresentations? john ray spoke about this unprecedented lack of documentation the paperless bankruptcy is that going to make it much harder for the scc. i think ultimately they're going to be able to put together a pretty complete picture of what happened even though ftx's records themselves don't appear to be very good, says John Ray.

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