A New York judge has put cases against the former FTX CEO brought by the Securities and Exchange Commission and the Commodity Futures Trading Commission on hold until the criminal cases against him are concluded.
On Monday, U.S. District Judge Kevin Castel in Manhattan granted a motion to push back the civil lawsuits filed by the SEC and the CFTC, arguing that the outcome of the criminal case would likely affect what issues remained in the civil cases, according to a report by Reuters. Continue reading here.