FTX Asks To Subpoena SBF, His Family and Top Lieutenants

It’s been impossible to get Sam Bankman-Fried to stop talking about the collapse of his FTX exchange in an alleged $10 billion fraud. He’s given high-profile interviews, tweeted and blogged extensively, and claims to have responded to his lawyers’ instructions to shut up with profanity.

Which is why the bankruptcy lawyers for FTX’s current management, which is trying to find assets to pay off its one million creditors, seems to be so miffed that he won’t talk to them.
“Mr. Samuel Bankman-Fried has publicly stated that he ‘ha[s] a duty to talk to people,’ to ‘explain what happened,’ to ‘do everything [he] can to try and do what’s right,’ and to ‘try and help customers,'” they said in a filing released on Jan. 26.

“Yet, despite these statements, Mr. Samuel Bankman-Fried has not responded to or complied with the Requests on a voluntary basis. As a result, a court-authorized subpoena is necessary.”
Of course, in normal circumstances, anyone facing serious criminal charges likely wouldn’t want to testify under oath in a civil trial first.

Nor, however, have FTX attorneys had any luck in getting Bankman-Fried’s father, mother or brother to testify.
While discussions with Joseph Bankman, an attorney and Stanford University law professor are ongoing, Barbara Fried “has ignored the Requests altogether” FTX’s attorneys said. They added that they “have not received meaningful engagement or any response” from brother Gabriel Bankman-Fried.

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