{"id":24486,"date":"2023-01-04T23:58:02","date_gmt":"2023-01-04T23:58:02","guid":{"rendered":"https:\/\/davidgerard.co.uk\/blockchain\/?p=24486"},"modified":"2023-01-05T00:20:40","modified_gmt":"2023-01-05T00:20:40","slug":"ftx-bahamas-vs-john-jay-ray-bankman-fried-pleads-not-guilty-doj-seizes-ftx-assets","status":"publish","type":"post","link":"https:\/\/davidgerard.co.uk\/blockchain\/2023\/01\/04\/ftx-bahamas-vs-john-jay-ray-bankman-fried-pleads-not-guilty-doj-seizes-ftx-assets\/","title":{"rendered":"FTX Bahamas vs. John Jay Ray, Bankman-Fried pleads not guilty, DoJ seizes FTX assets"},"content":{"rendered":"<p>It&#8217;s Amy&#8217;s turn, so this one is over on her blog. [<i><a href=\"https:\/\/amycastor.com\/2023\/01\/04\/ftx-bahamas-vs-john-jay-ray-bankman-fried-pleads-not-guilty-doj-seizes-ftx-assets\/\">Amy Castor<\/a><\/i>]<\/p>\n<p>In today&#8217;s episode: Sam Bankman-Fried pleads not guilty. <em>If<\/em> he doesn&#8217;t reach some sort of plea deal, then the trial&#8217;s scheduled for October.<\/p>\n<p>But the real story is the shenanigans in the Bahamas, where the Securities Commission of the Bahamas and the Joint Provisional Liquidators seem to be positing FTX Digital Markets as the operating centre of FTX \u2014 when it was just a minor entity in one country.<\/p>\n<p>John Jay Ray&#8217;s team has filed an <em>incendiary<\/em> motion objection detailing the shenanigans, and asking the judge to tell the Bahamas entities to just bugger off.<\/p>\n<p>Also, the Department of Justice seized a pile of FTX Bahamas bank accounts and crypto assets\u00a0 \u2014 and SBF&#8217;s shares in Robinhood.<\/p>\n<p>Image: an NFT that actually has artistic merit.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2023\/01\/04\/ftx-bahamas-vs-john-jay-ray-bankman-fried-pleads-not-guilty-doj-seizes-ftx-assets\/ftx-rektx\/\" rel=\"attachment wp-att-24487\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-24487\" src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2023\/01\/ftx-rektx.jpg\" alt=\"\" width=\"510\" height=\"315\" srcset=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2023\/01\/ftx-rektx.jpg 680w, https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2023\/01\/ftx-rektx-300x185.jpg 300w, https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2023\/01\/ftx-rektx-348x215.jpg 348w\" sizes=\"auto, (max-width: 510px) 100vw, 510px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<br><br><div align=\"center\"><p><a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\"><img src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2021\/10\/become_a_patron_button.svg\" alt=\"Become a Patron!\" title=\"Become a Patron!\" width=217 height=51><\/a><br><p style=\"align:center;\" class=\"patreon-badge\"><i>Your subscriptions keep this site going. <a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\">Sign up today!<\/a><\/i><\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>\u201cThe JPLs and the Commission are cooperating closely to do an end run around this Court and chapter 11.\u201d<\/p>\n","protected":false},"author":1,"featured_media":24487,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[460,1986,1798,3315,1343,2491],"class_list":["post-24486","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorised","tag-amy-castor","tag-bahamas","tag-ftx","tag-john-jay-ray","tag-robinhood","tag-sam-bankman-fried"],"jetpack_featured_media_url":"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2023\/01\/ftx-rektx.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/24486","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/comments?post=24486"}],"version-history":[{"count":8,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/24486\/revisions"}],"predecessor-version":[{"id":24495,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/24486\/revisions\/24495"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media\/24487"}],"wp:attachment":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media?parent=24486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/categories?post=24486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/tags?post=24486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}