NEW: The judge overseeing FTX's bankruptcy has authorized the company to subpoena its former executives, including founder Sam Bankman-Fried, as well as Bankman-Fried's family, for information about where FTX funds may have gone. nikhileshde reports
about who may have received funds sent from the company, which may have included misappropriated customer funds.
"Certain insiders are currently cooperating with the Debtors to provide important information. But others are not, and thus authorization to issue subpoenas to those with the missing information is critical to the Debtors’ and Committee’s recovery efforts,"Judge Dorsey, of the Delaware Bankruptcy Court, signed off on the order Wednesday, noting that FTX could come back with further requests.
"The Movants are authorized under Bankruptcy Rules 2004 and 9016 to issue subpoenas to the any or all of the Insiders for the production of documents, electronically stored information, or tangible things, including those responsive to the Requests," he wrote. The scope of the information demands can still be tweaked if an independent examiner is appointed, the order said, referring to
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