U.S. DOJ Accuses FTX Founder SBF of Leaking CEO’s Private Diary

• US Department of Justice (DOJ) has accused FTX founder and former CEO Sam Bankman-Fried (SBF) of leaking Caroline Ellison’s private diary to the New York Times.
• DOJ is requesting a court order to ban all out-of-court statements by witnesses and parties related to the case.
• FTX under current CEO John Ray III’s leadership, filed a civil case in the US Bankruptcy Court for the Delaware District against SBF, Ellison, and other executives seeking to recover funds and reverse transactions worth over $1 billion.

US Department Of Justice Accuses SBF Of Leaking Private Diary

FTX founder and former CEO Sam Bankman-Fried (SBF) faces multiple charges of fraud, wire fraud, money laundering, and more by US prosecutors. In a July 20 filing , the US Department of Justice (DOJ) accused the ex-FTX CEO of leaking Caroline Ellison’s private diary to the New York Times. Caroline Ellison was the former CEO of FTX’s sister company, Alameda Research, who became a government witness in Bankman-Fried’s case.

DOJ Requests Court Order To Ban Extrajudicial Statements

The DOJ based its accusation on a recently published New York Times article that revealed excerpts of Ellison’s private diary. Given this allegation, the DOJ seeks to ban all out-of-court statements by witnesses and parties related to the case. The DOJ condemned Bankman-Fried’s sharing of Ellison’s musings with a New York Times reporter. They argued that Rule 23.1(a) prohibits lawyers and their clients from releasing private information about a case if it presumably interferes with a fair trial. The prosecutors asked the court to issue an order restricting extrajudicial statements due to high media attention on this case as well as potential jury manipulation or harassment on trial witnesses by SBF or public at large due to media coverage .

FTX Leadership Sues SBF And Others For Misappropriated Funds

The DOJ’s filing comes after FTX under current CEO John Ray III’s leadership, filed a civil case in the US Bankruptcy Court for the Delaware District against SBF, Ellison, and other executives seeking to recover funds and reverse transactions worth over $1 billion alleging abuse of control over businesses by defendants .

US Prosecutors Seek Ban On Out Of Court Statements

US prosecutors are requesting an order from court banning all out of court statements by witnesses or parties related to this criminal case involving ex FTX CEO Sam Bankman Fried citing substantial likelihood or prejudice towards fair trial & due administration of justice as they allege his actions might manipulate media coverage & bring public harassment or besmirch personal image deterring potential trial witnesses from testifying .

Civil Lawsuit Filed To Recover Misappropriated Funds

FTX under current leadership has filed civil lawsuit against ex FTX CEO & other executives seeking recovery & reversal of transactions amounting up to $1 billion alleging abuse off control over businesses by defendants .