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Sam Bankman-Fried, Caroline Ellison, and Other Company Insiders Subpoenaed by FTX for Documents

The subpoenas follow a U.S. bankruptcy judge’s approval of the Official Committee of Unsecured Creditors of FTX and its leadership to represent the insiders.

Administrators of the bankruptcy have sent subpoenas on insiders of the FTX company, including Sam Bankman-Fried, former Alameda CEO Caroline Ellison, Bankman-father Fried’s Joseph Bankman, Gary Wang, and Nishad Singh.

According to court records, the group of former executives and insiders must deliver specific documents by February 16 while Bankman-Fried has until February 17 because he has the most extensive list to collect.

The orders include requests for information regarding a takeover offer from Binance, which the exchange ultimately declined, claiming that FTX had not performed its due diligence.

Each person will receive different instructions from the court, but they are all ordered to turn over all conversations between a large group of FTX and FTX US executives.

For instance, Bankman-Fried is specifically requested to provide information on the financial performance of FTX, Alameda, and Emergent Fidelity Technologies (a holding company he co-founded with former FTX executive Gary Wang), all emails sent from his personal Gmail account and from his FTX account, specifics on his real estate holdings, and any documents he used to support statements he made to Vox and tweets he made about liquidity at the exchanges.

Nishad Singh, the former head of engineering at FTX, who as of January is negotiating with the prosecution, is needed to turn over records pertaining to FTX’s automated liquidation engine and Amazon cloud hosting invoices, among other things.

Sam Bankman-father, Fried’s Bankman, is expressly requested to provide records pertaining to attempts, whether successful or unsuccessful, to restore real estate to debtors or FTX. According to reports, the exchange spent $256 million on real estate in the Bahamas, including a $16.4 million mansion that was home to Bankman and his wife.


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