U.S. prosecutors request hearing for lawyers representing SBF and former Celsius CEO

Bitget App

Trade smarter

Bitget

News

Cointime2024/02/08 00:07

By:Cointime

According to CoinDesk reported that US officials have requested a hearing to address potential conflicts of interest in the criminal prosecution of FTX founder SBF and former Celsius CEO Alex Mashinsky on fraud charges.

In letters to the judges overseeing the SBF and Alex Mashinsky cases on February 6th, prosecutors expressed concerns about lawyers Marc Mukasey and Torrey Young, both of whom have submitted notices of appearance in the former cryptocurrency executives' criminal cases. The US officials have requested a Curcio hearing, during which the judge can ask questions about potential conflicts of interest and why the two lawyers are involved in the SBF and Alex Mashinsky cases.

The letter stated: "As the trial evidence in this case has shown, Celsius provided loans to Alameda Research, and some of those loans were repaid to Celsius using customer funds held by Alameda Research." "There are potential conflicts of interest in several respects between Alameda Research and Celsius."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14