The FBI has extracted more than 6 million pages of data from the personal computer of Sam Bankman-Fried, the former CEO of FTX, but agents are still struggling to compile all the information. The data is so abundant that the Justice Department has yet to begin reviewing it to determine what may or may not be used in the case.
FBI in trouble over Sam Bankman-Fried’s computer
Over 6 million pages of documents have already been extracted from Sam Bankman-Fried’s personal computer by the FBI, and yet, although this figure is enormous, the hard work of the agents does not seem about to stop.
Nicholas Roos, assistant attorney for the US Department of Justice (DOJ), said the former FTX CEO’s device was overflowing with data, to the point that the FBI struggled to compile them all. Thus, the contents of the computer in question had to be virtually partitioned in order to be combed through.
The accumulation of data would be such that the Ministry of Justice could not yet have started its examination aimed at determining what data could or could not be used in the context of the case pitting Sam Bankman-Fried against American justice.
Mark Cohen, Sam Bankman-Fried’s lawyer, expressed concern about the use that could be made of this data by prosecutors, simply referring to ” a cooperating witness who could testify in the trial “.
Yesterday, SBF was present in court yesterday Thursday, November 30 concerning the latest charges he faces, including the corruption of Chinese government officials or concerning the multiple political donations he may have made. He thus pleaded not guilty to these charges, as for the previous ones..
In addition, Sam Bankman-Fried’s lawyer has indicated that he will now oppose the government’s right to initiate new proceedings against his client. However, should he be convicted of the counts he already faces, SBF should accumulate more than a hundred years of imprisonment.
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Funds continue to be recovered for injured FTX customers
The cryptocurrency exchange OKX pledged to return frozen $157 million to its platforman amount resulting from a long analysis of this actor who sought to determine whether it hosted funds belonging to FTX or not.
This is how various accounts belonging to FTX were found at OKX, including an account belonging to David Ratiney, a former employee of the firm.
This announcement follows the recent agreement concluded between the team now in charge of FTX and the company Modulo Capital previously funded by Sam Bankman-Fried, who agreed to return $460 million. An amount that will be added to the sums collected by FTX to reimburse injured customers of the platform.
For his part, Sam Bankman-Fried, who assured a few months ago that he intended to do everything for the good of FTX customers, recently personally petitioned the court to have his defense costs reimbursed by FTX fundsyet dedicated to these same customers.
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Source: Business Insider
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Passionate about the world of decentralized finance and the novelties brought by Web 3.0, I write articles for Cryptoast to help make blockchain more accessible to everyone. Convinced that cryptocurrencies will change the future very soon.
Maximilien Prue
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