• US authorities are looking for victims of former FTX CEO Sam Bankman-Fried who may have been victims of fraud.
• Victims can contact USANYS-FTXVictims@usdoj.gov to provide information about their experiences with Bankman-Fried.
• The U.S. Attorney’s Office for the Southern District of New York has set out rights that victims are guaranteed under the U.S. criminal code.
The United States Department of Justice has invited victims of Sam Bankman-Fried, the founder and former CEO of FTX, to contact the Southern District of New York. This was announced in a web page published on Jan. 6, which was created by the U.S. Attorney’s Office for the Southern District of New York. The page encourages those who may have been victims of fraud, as well as those who may have witnessed it, to contact USANYS-FTXVictims@usdoj.gov.
The page also outlines the rights of victims under the U.S. criminal code, including protection from the accused, timely notice of public court proceedings, and the right to be heard in court. The invitation is open to FTX users, as the U.S. Attorney’s Office sought permission from the judge to address the platform’s large user base, which exceeds 1 million individuals, by creating the web page in lieu of targeted emails.
The information that the office obtains via email will be used in the ongoing case against the former Bankman-Fried. His last hearing took place on Jan. 3, and his upcoming trial is scheduled for October. Not only is the office looking for victims, but it is also looking for past FTX associates, as U.S. Attorney Damian Williams made clear in the proceedings.
The office also clarified that victims will be treated with respect and dignity, and that identity theft and other forms of fraud will be taken seriously. The invitation also states that victims will have access to a variety of resources and services, including counseling.
The invitation to victims of Sam Bankman-Fried comes as a result of recent court proceedings, and it is an effort to make sure that those who have been affected by the fraud can seek justice. It is also an effort to ensure that the former CEO is held accountable for his actions and that victims are given the opportunity to receive the justice they deserve.