A judge, Ronnie Abrams, has removed herself from a case involving FTX, a cryptocurrency exchange, and its former CEO, Sam Bankman-Fried (SBF).
The judge made this decision because her husband works at a law firm, Davis Polk & Wardwell, which provided advice to FTX in 2021.
The judge’s husband, Greg Andres, is a partner at the law firm and has no involvement in the case, but the judge decided to remove herself from the case to avoid any potential conflict of interest.
SBF was recently released on a $250 million bail bond and promised to appear in court for future proceedings and not engage in illegal activity.
However, some people were surprised by the amount of the bail because SBF previously claimed to have less than $100,000 in assets during a bankruptcy filing.
Judith Faith has been writing about cryptocurrencies and blockchain technology for over five years. She is well versed in the industry and has an extensive network of industry contacts. She is also a frequent contributor to various cryptocurrency publications. With her vast knowledge and experience, she is able to provide insightful and valuable content to her readers. Judith is also an active investor in the cryptocurrency space and has a vested interest in the success of the industry.
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