{"id":552616,"date":"2023-09-23T01:00:51","date_gmt":"2023-09-23T01:00:51","guid":{"rendered":"https:\/\/uniquehot.com\/?p=552616"},"modified":"2023-09-22T20:48:00","modified_gmt":"2023-09-22T20:48:00","slug":"ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/","title":{"rendered":"FTX CEO’s Asset Recovery Escalates As Sam Bankman-Fried Trial Looms"},"content":{"rendered":"

In a battle to recover billions of dollars following the collapse of FTX, Chief Executive and Restructuring Officer John J. Ray III, is intensifying efforts just weeks before FTX founder Sam Bankman-Fried faces trial in what has been labeled one of the largest financial frauds in American history.<\/span><\/p>\n

Bankruptcy court proceedings kicked off the week as FTX filed a <\/span>lawsuit <\/span><\/a>against Bankman-Fried’s parents, Allan Joseph Bankman and Barbara Fried.\u00a0<\/span><\/p>\n

The suit aims to reclaim millions of dollars allegedly fraudulently transferred and misappropriated by the couple, who purportedly took advantage of their access and influence within FTX to enrich themselves at the expense of debtors and creditors.<\/span><\/p>\n

Continuing the pursuit of recovery, FTX Trading Ltd. subsequently filed a lawsuit on Thursday against four former employees of Alameda Ltd., an FTX affiliate based in Hong Kong.\u00a0<\/span><\/p>\n

The complaint alleges that these employees received $153 million in transfers shortly before the collapse of the crypto trading platform.\u00a0<\/span><\/p>\n

According <\/span><\/a>to Bloomberg, these individuals allegedly leveraged personal connections to prioritize the withdrawal of their funds and digital assets from FTX once it became evident that the company was facing financial turmoil.<\/span><\/p>\n

FTX CEO Ramps Up Efforts To Reclaim Assets<\/span><\/h2>\n

Per Bloomberg\u2019s report, the bankruptcy proceedings have attracted the attention of outside investors and speculators, including prominent distressed-debt investors like Silver Point Capital, Diameter Capital Partners, and Attestor Capital.\u00a0<\/span><\/p>\n

These entities have seized the opportunity to acquire discounted FTX claims, anticipating that the protracted bankruptcy process will uncover additional valuable assets.\u00a0<\/span><\/p>\n

Related Reading: This Bitcoin Chart Mirrors Sinister 2019 Shadow: Retrace To $20,000 On The Horizon?<\/a><\/div>\n

Court records show that they have already purchased over $250 million worth of FTX debts since the beginning of the year, according to a Bloomberg analysis.<\/span><\/p>\n

While legal actions are in progress, some funds are being voluntarily returned. Stanford University, where Bankman and Fried held teaching positions and enjoyed reputations as legal scholars, <\/span>announced <\/span><\/a>its decision to return millions of dollars received from FTX and its associated entities.\u00a0<\/span><\/p>\n

According to court documents, Stanford received gifts totaling approximately $5.5 million from FTX-related entities between November 2021 and May 2022.<\/span><\/p>\n

Bankman-Fried Family Turns To Risky Strategy<\/span><\/h2>\n

According to a Fortune Magazine <\/span>report<\/span><\/a>, The Bankman-Fried family has adopted a risky strategy in their legal battle, shifting blame onto prominent law firm Sullivan & Cromwell.\u00a0<\/span><\/p>\n

They argue that the firm failed to act in its best interests, downplaying its involvement in FTX’s downfall. This move aims to establish an “advice of counsel” defense, painting Sam Bankman-Fried as a well-meaning individual who received \u201cpoor legal advice\u201d.<\/span><\/p>\n

Criticism of Sullivan & Cromwell’s substantial legal fees, exceeding $100 million in the FTX bankruptcy case, raises ethical concerns but not necessarily legal wrongdoing.\u00a0<\/span><\/p>\n

Per the report, the family’s strategy may backfire, as it could provide prosecutors with access to new evidence by waiving attorney-client privilege.<\/span><\/p>\n

Furthermore, the defense’s focus on blaming the law firm invites scrutiny of Bankman-Fried’s father, an active participant in key business decisions. Additionally, Bankman-Fried’s father received $10 million in FTX funds that he has yet to return, potentially for his son’s legal defense.<\/span><\/p>\n

Related Reading: Privacy For All: Brave To Integrate Zcash Protocol On Native Crypto Wallet<\/a><\/div>\n

The Bankman-Fried family’s attempt to discredit Sullivan & Cromwell introduces complexity to the case. However, its effectiveness remains uncertain. As the legal proceedings continue, the implications of these strategies on the case and public perception of the family remain to be seen.<\/span><\/p>\n

\"FTX
FTX’s native token FTT with a sideways price action on the daily chart. Source: FTTUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n

Featured image from Shutterstock, chart from TradingView.com\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

In a battle to recover billions of dollars following the collapse of FTX, Chief Executive and Restructuring Officer John J. Ray III, is intensifying efforts just weeks before FTX founder Sam Bankman-Fried faces trial in what has been labeled one of the largest financial frauds in American history. Bankruptcy court proceedings kicked off the week as FTX filed a lawsuit against Bankman-Fried’s parents, Allan Joseph Bankman and Barbara Fried.\u00a0 The suit aims to reclaim millions of dollars allegedly fraudulently transferred and misappropriated by the couple, who purportedly took advantage of their access and influence within FTX to enrich themselves at the expense of debtors and creditors. Continuing the pursuit of recovery, FTX Trading Ltd. subsequently filed a lawsuit on Thursday against four former employees of Alameda Ltd., an FTX affiliate based in Hong Kong.\u00a0 The complaint alleges that these employees received $153 million in transfers shortly before the collapse of the crypto trading platform.\u00a0 According to Bloomberg, these individuals allegedly leveraged personal connections to prioritize the withdrawal of their funds and digital assets from FTX once it became evident that the company was facing financial turmoil. FTX CEO Ramps Up Efforts To Reclaim Assets Per Bloomberg\u2019s report, the bankruptcy proceedings have attracted the attention of outside investors and speculators, including prominent distressed-debt investors like Silver Point Capital, Diameter Capital Partners, and Attestor Capital.\u00a0 These entities have seized the opportunity to acquire discounted FTX claims, anticipating that the protracted bankruptcy process will uncover additional valuable assets.\u00a0 Related Reading: This Bitcoin Chart Mirrors Sinister 2019 Shadow: Retrace To $20,000 On The Horizon? Court records show that they have already purchased over $250 million worth of FTX debts since the beginning of the year, according to a Bloomberg analysis. While legal actions are in progress, some funds are being voluntarily returned. Stanford University, where Bankman and Fried held teaching positions and enjoyed reputations as legal scholars, announced its decision to return millions of dollars received from FTX and its associated entities.\u00a0 According to court documents, Stanford received gifts totaling approximately $5.5 million from FTX-related entities between November 2021 and May 2022. Bankman-Fried Family Turns To Risky Strategy According to a Fortune Magazine report, The Bankman-Fried family has adopted a risky strategy in their legal battle, shifting blame onto prominent law firm Sullivan & Cromwell.\u00a0 They argue that the firm failed to act in its best interests, downplaying its involvement in FTX’s downfall. This move aims to establish an “advice of counsel” defense, painting Sam Bankman-Fried as a well-meaning individual who received \u201cpoor legal advice\u201d. Criticism of Sullivan & Cromwell’s substantial legal fees, exceeding $100 million in the FTX bankruptcy case, raises ethical concerns but not necessarily legal wrongdoing.\u00a0 Per the report, the family’s strategy may backfire, as it could provide prosecutors with access to new evidence by waiving attorney-client privilege. Furthermore, the defense’s focus on blaming the law firm invites scrutiny of Bankman-Fried’s father, an active participant in key business decisions. Additionally, Bankman-Fried’s father received $10 million in FTX funds that he has yet to return, potentially for his son’s legal defense. Related Reading: Privacy For All: Brave To Integrate Zcash Protocol On Native Crypto Wallet The Bankman-Fried family’s attempt to discredit Sullivan & Cromwell introduces complexity to the case. However, its effectiveness remains uncertain. As the legal proceedings continue, the implications of these strategies on the case and public perception of the family remain to be seen. Featured image from Shutterstock, chart from TradingView.com\u00a0<\/p>\n","protected":false},"author":589,"featured_media":552618,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[87394,86845,71704],"class_list":["post-552616","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ftt","tag-fttusdt","tag-ftx"],"acf":[],"yoast_head":"\nFTX CEO's Asset Recovery Escalates As Sam Bankman-Fried Trial Looms<\/title>\n<meta name=\"description\" content=\"FTX Chief Executive Officer John J. Ray III, is intensifying efforts just weeks before FTX founder Sam Bankman-Fried faces trial.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FTX CEO's Asset Recovery Escalates As Sam Bankman-Fried Trial Looms\" \/>\n<meta property=\"og:description\" content=\"FTX Chief Executive Officer John J. Ray III, is intensifying efforts just weeks before FTX founder Sam Bankman-Fried faces trial.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-23T01:00:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-22T20:48:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/09\/shutterstock_download-1.jpg?fit=390%2C260\" \/>\n\t<meta property=\"og:image:width\" content=\"390\" \/>\n\t<meta property=\"og:image:height\" content=\"260\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ronaldo Marquez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Rmmcapital\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ronaldo Marquez\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/\"},\"author\":{\"name\":\"Ronaldo Marquez\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\"},\"headline\":\"FTX CEO’s Asset Recovery Escalates As Sam Bankman-Fried Trial Looms\",\"datePublished\":\"2023-09-23T01:00:51+00:00\",\"dateModified\":\"2023-09-22T20:48:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/\"},\"wordCount\":610,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/09\/shutterstock_download-1.jpg?fit=390%2C260\",\"keywords\":[\"FTT\",\"FTTUSDT\",\"FTX\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/\",\"url\":\"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/\",\"name\":\"FTX CEO's Asset Recovery Escalates As Sam Bankman-Fried Trial Looms\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/09\/shutterstock_download-1.jpg?fit=390%2C260\",\"datePublished\":\"2023-09-23T01:00:51+00:00\",\"dateModified\":\"2023-09-22T20:48:00+00:00\",\"description\":\"FTX Chief Executive Officer John J. Ray III, is intensifying efforts just weeks before FTX founder Sam Bankman-Fried faces trial.\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/09\/shutterstock_download-1.jpg?fit=390%2C260\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/09\/shutterstock_download-1.jpg?fit=390%2C260\",\"width\":390,\"height\":260,\"caption\":\"FTX\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FTX CEO’s Asset Recovery Escalates As Sam Bankman-Fried Trial Looms\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\",\"name\":\"Ronaldo Marquez\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"caption\":\"Ronaldo Marquez\"},\"description\":\"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.\",\"sameAs\":[\"https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=\",\"https:\/\/x.com\/Rmmcapital\"],\"url\":\"https:\/\/uniquehot.com\/author\/ronaldomarquez\/\"}]}<\/script>\n","yoast_head_json":{"title":"FTX CEO's Asset Recovery Escalates As Sam Bankman-Fried Trial Looms","description":"FTX Chief Executive Officer John J. Ray III, is intensifying efforts just weeks before FTX founder Sam Bankman-Fried faces trial.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/","og_locale":"en_US","og_type":"article","og_title":"FTX CEO's Asset Recovery Escalates As Sam Bankman-Fried Trial Looms","og_description":"FTX Chief Executive Officer John J. Ray III, is intensifying efforts just weeks before FTX founder Sam Bankman-Fried faces trial.","og_url":"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-09-23T01:00:51+00:00","article_modified_time":"2023-09-22T20:48:00+00:00","og_image":[{"width":390,"height":260,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/09\/shutterstock_download-1.jpg?fit=390%2C260","type":"image\/jpeg"}],"author":"Ronaldo Marquez","twitter_card":"summary_large_image","twitter_creator":"@Rmmcapital","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Ronaldo Marquez","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/"},"author":{"name":"Ronaldo Marquez","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c"},"headline":"FTX CEO’s Asset Recovery Escalates As Sam Bankman-Fried Trial Looms","datePublished":"2023-09-23T01:00:51+00:00","dateModified":"2023-09-22T20:48:00+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/"},"wordCount":610,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/09\/shutterstock_download-1.jpg?fit=390%2C260","keywords":["FTT","FTTUSDT","FTX"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/","url":"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/","name":"FTX CEO's Asset Recovery Escalates As Sam Bankman-Fried Trial Looms","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/09\/shutterstock_download-1.jpg?fit=390%2C260","datePublished":"2023-09-23T01:00:51+00:00","dateModified":"2023-09-22T20:48:00+00:00","description":"FTX Chief Executive Officer John J. Ray III, is intensifying efforts just weeks before FTX founder Sam Bankman-Fried faces trial.","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/09\/shutterstock_download-1.jpg?fit=390%2C260","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/09\/shutterstock_download-1.jpg?fit=390%2C260","width":390,"height":260,"caption":"FTX"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"FTX CEO’s Asset Recovery Escalates As Sam Bankman-Fried Trial Looms"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c","name":"Ronaldo Marquez","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","caption":"Ronaldo Marquez"},"description":"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.","sameAs":["https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=","https:\/\/x.com\/Rmmcapital"],"url":"https:\/\/uniquehot.com\/author\/ronaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"FTX CEO’s Asset Recovery Escalates As Sam Bankman-Fried Trial Looms","url":"http:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/09\/shutterstock_download-1.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/09\/shutterstock_download-1.jpg?fit=390%2C260"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Ronaldo Marquez"}],"creator":["Ronaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ftt","fttusdt","ftx"],"dateCreated":"2023-09-23T01:00:51Z","datePublished":"2023-09-23T01:00:51Z","dateModified":"2023-09-23T01:00:51Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"FTX CEO’s Asset Recovery Escalates As Sam Bankman-Fried Trial Looms\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ftx-ceos-asset-recovery-escalates-as-sam-bankman-fried-trial-looms\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/shutterstock_download-1.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/shutterstock_download-1.jpg?fit=390%2C260\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Ronaldo Marquez\"}],\"creator\":[\"Ronaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ftt\",\"fttusdt\",\"ftx\"],\"dateCreated\":\"2023-09-23T01:00:51Z\",\"datePublished\":\"2023-09-23T01:00:51Z\",\"dateModified\":\"2023-09-23T01:00:51Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/09\/shutterstock_download-1.jpg?fit=390%2C260","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/552616"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/589"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=552616"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/552616\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/552618"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=552616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=552616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=552616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}