The civil charges against SBF by the CFTC and SEC will be postponed until the criminal case is concluded
ChainCatcher news, the U.S. Attorney's Office for the Southern District of New York submitted a motion last week to stay the civil lawsuit until the Department of Justice completes its case against SBF. SBF faces criminal charges for defrauding customers and violating campaign finance laws. The Commodity Futures Trading Commission (CFTC) has also charged him with civil fraud, claiming that SBF, FTX, and Alameda Research caused over $8 billion in customer deposit losses. The U.S. Securities and Exchange Commission (SEC) has filed similar charges. The cases from the CFTC and SEC will now be postponed until the criminal case is resolved. (The Block)
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