A U.S. judge on Monday put two regulators’ civil lawsuits against Sam Bankman-Fried on hold until the conclusion of the Department of Justice’s criminal case against the founder of the now-bankrupt FTX cryptocurrency exchange.
U.S. District Judge Kevin Castel in Manhattan granted a Justice Department motion to stay the lawsuits filed by the Securities and Exchange Commission and the Commodity Futures Trading Commission.
Source: U.S. judge puts SEC, CFTC cases against FTX’s Sam Bankman-Fried on hold | Reuters
