Firm News

Kleinberg Kaplan’s Joshua Bromberg speaks with New York Law Journal about fraud case against FTX Founder

Firm News | December 23, 2022 | Creditors’ Rights and Bankruptcy Litigation | Digital Assets and Cryptocurrency

Kleinberg Kaplan partner Joshua Bromberg was recently quoted in the New York Law Journal article “Ellison, Wang Cooperation ‘Bodes Very Badly’ for FTX Founder Sam Bankman-Fried, White-Collar Attorneys Say.” The article covers how the cooperation of former associates Caroline Ellison and Gary Wang might impact the case against FTX founder Sam Bankman-Fried.

As quoted in the byline, Joshua stated that the news “bodes very badly” for Bankman-Fried.  He added that Wang and Ellison’s closeness to Bankman-Fried would enable them to testify credibly about what Bankman-Fried knew and when, and that that it is a “virtual certainty” that others are cooperating with the Department of Justice at this point.

To read the full New York Law Journal article, please click here. Please note that the New York Law Journal requires a paid subscription to access its content.