NEW YORK, Jan 7 (Reuters) – The U.S. authorities has launched an internet site for victims of FTX cryptocurrency alternate founder Sam Bankman-Fried's alleged fraud to speak with legislation enforcement.
In an order late Friday night time, U.S. District Choose Lewis Kaplan in Manhattan approved federal prosecutors to make use of the web site, and never must contact victims individually.
FTX may owe cash to greater than 1 million individuals, making it “impracticable” to contact every, prosecutors had stated.
Federal legislation requires prosecutors to contact attainable crime victims to tell them of their rights, together with the rights to acquire restitution, be heard in courtroom and be protected against defendants.
“In case you imagine that you will have been a sufferer of fraud by Samuel Bankman-Fried, A/Ok/A/ ‘SBF,' please contact the sufferer/witness coordinator at america Legal professional's workplace,” the website learn. The web site had gone dwell by Friday afternoon.
Bankman-Fried, 30, has pleaded not responsible to eight counts of wire fraud and conspiracy over November's collapse of FTX.
Prosecutors have stated he stole billions in FTX buyer deposits to pay money owed for his hedge fund, Alameda Analysis, and lied to traders about FTX's monetary situation.
The onetime billionaire has acknowledged danger administration shortcomings, however stated he didn't take into account himself criminally liable.
Neither the U.S. Legal professional's workplace in Manhattan nor Bankman-Fried's legal professionals instantly responded to requests for touch upon Friday.
Reporting by Luc Cohen in New York Enhancing by Leslie Adler, Alexandra Hudson
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