FTX’s Sam Bankman-Fried Hires White-Collar Lawyer Who Represented Ghislaine Maxwell – Sam Bankman-Fried (SBF), the disgraced former CEO of FTX, is apparently represented by Mark Cohen of the law firm Cohen & Gresser. Cohen is the prominent lawyer who represented Ghislaine Maxwell in her sex trafficking case. Maxwell, a close associate of the now-deceased, convicted sex offender Jeffrey Epstein, was found guilty on five of six counts, including the sex trafficking of a minor. She was given a 20-year term in June and faces additional charges.
Reuters obtained the facts necessary to report the story about Cohen’s representation of SBF from SBF spokesman Mark Botnick. The news outlet Reuters attempted to get in touch with Cohen & Gresser on Tuesday, but “Cohen could not be reached for comment,” the report from the news source stated.
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Botnick also reported that David Mills, a professor at Stanford Law, was consulting with SBF. Joseph Bankman, the father of SBF, is also a Stanford Law professor, and the San Francisco Standard has reported that he has canceled previously scheduled classes at the university. Semafor reported that the 30-year-old SBF was represented by Martin Flumenbaum at Paul, Weiss, Rifkind, Wharton & Garrison but that relationship has since ended.
The San Francisco Standard’s Liz Lindqwister and Anna Tong highlight how “SBF is surrounded by a star-studded and ever-changing team of white-collar crime experts and legal bigwigs.” This is despite the fact that the former FTX CEO has said he was down to $100,000 and a single credit card. He also detailed in another interview that retaining a lawyer was one challenge he has been dealing with, but the white-collar litigation firms surrounding SBF suggest he’s had no problems seeking legal advice.
Cohen is the managing partner of his litigation firm and manages the New York branch of the company. Maxwell was represented by an attorney who was also an assistant U.S. attorney for the Eastern District of New York. In addition to Maxwell’s case, Cohen is notable for successfully defending a New York fund manager against the U.S. Securities and Exchange Commission (SEC). According to a Reuters report, sources with knowledge of the situation have stated that the SEC and “federal prosecutors in New York” are investigating the FTX collapse.
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