Sam Bankman-Fried was charged with stealing billions of dollars from FTX customers while misleading investors and lenders connected to his crypto-trading firm Alameda Research.
Lawyers from Paul, Weiss, Rifkind, Wharton & Garrison LLP had been advising Mr. Bankman-Fried before the federal charges but because of a conflict they referred him to Mr. Cohen, according to people familiar with the matter.
The two lawyers worked with local counsel to secure his transfer to U.S. custody while negotiating with federal prosecutors his pretrial release under a $250 million bond. They are now tasked with combing through voluminous and technical discovery, including documents relating to FTX investors, debtors and political campaigns.
The founder and former CEO of cryptocurrency exchange FTX Sam Bankman-Fried leaves the Magistrate Court building in Nassau, Bahamas, on Dec. 19, 2022. "He’s very entrepreneurial," said lawyer Mark Zauderer, who shared a client with Mr. Cohen. "He’s expanded rapidly and attracted very able lawyers."Joel Cohen, a partner at law firm Gibson, Dunn & Crutcher LLP who isn’t related to Mark, said Mark is his go-to person for referring clients he is unable to represent or for a senior executive needing a separate lawyer. The two men worked together representing a fund manager and analyst at hedge fund Wynnefield Capital Inc.
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