Finance

New Judge Assigned in Sam Bankman-Fried Case; DOJ Launches Criminal Probe Into $400M FTX Hack: Report


U.S. District Judge Lewis Kaplan has been assigned to preside over the fraud case against former FTX CEO Sam Bankman-Fried. Meanwhile, Bloomberg reports the U.S. Department of Justice has launched a criminal probe into the alleged hack that drained nearly $400 million out of FTX-controlled wallets the night the Bahamas-based exchange filed for bankruptcy.

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