net_left Phương Thức Thanh Toán
Phương Thức Thanh Toán

As U.S. probes FTX collapse, employees turn to law firm Covington

By Luc Cohen and Jody Godoy NEW YORK (Reuters) - Several FTX employees have turned to law firm Covington & Burling to help them deal with questions from U.S. authorities...

By Luc Cohen and Jody Godoy

NEW YORK (Reuters) - Several FTX employees have turned to law firm Covington & Burling to help them deal with questions from U.S. authorities investigating the collapse of the cryptocurrency exchange and actions by its founder Sam Bankman-Fried, three people familiar with the matter told Reuters.

Arlo Devlin-Brown, a New York-based Covington partner and former Manhattan federal prosecutor, is acting as so-called pool counsel representing current FTX employees as individuals being asked to share information with prosecutors and regulators, said the people, who spoke on the condition of anonymity.

Companies facing wide-ranging investigations often hire pool counsel for employees. The use of pool counsel suggests that federal prosecutors in Manhattan probing FTX's collapse may be interested in questioning a deep roster of employees.

Bankman-Fried, 30, was arrested in December on charges of stealing customer funds to plug losses at his hedge fund, Alameda Research, and lying to investors and lenders.

The one-time billionaire pleaded not guilty. Two close associates pleaded guilty and agreed to cooperate with prosecutors. Damian Williams, the top federal prosecutor in Manhattan, has urged others with knowledge of wrongdoing to come forward.

"It's nerve-wracking to participate in an interview with the FBI and the U.S. Attorney's office, regardless of your personal exposure," said Sarah Krissoff, a former federal prosecutor in Manhattan and now a partner at Day Pitney.

Employers pay for pool counsel, which represents employees who tend not to have significant exposure to criminal charges themselves, but may be unnerved by the process of speaking with authorities, Krissoff explained.

The use of pool counsel enables a single legal team to gain expertise in the case, making it more efficient than having each employee retain individual lawyers, Krissoff said. She added that pool counsel must be swift to identify potential conflicts among their clients and urge individuals to find their own attorneys when appropriate.

The arrangement does not mean Covington is representing FTX, which has turned to Sullivan & Cromwell, another law firm.

FTX declared bankruptcy on Nov. 11 after a wave of customer withdrawals spurred by concerns the exchange had commingled funds with Alameda.

Many former FTX executives, including its former top lawyer Daniel Goldberg, have hired their own lawyers to guide them through the process of potentially cooperating with prosecutors.

Reuters could not determine how many FTX employees are being represented by Covington, nor what information - if any - the employees have provided to prosecutors, the Securities and Exchange Commission or the Commodity Futures Trading Commission, which are all investigating.

Spokesmen for Covington, Bankman-Fried and the U.S. Attorney's office in Manhattan all declined to comment. FTX did not respond to a request for comment.

Devlin-Brown joined Covington in 2016 following nearly 11 years at the U.S. Attorney's office in Manhattan. As a member of the office's securities and commodities fraud unit he prosecuted Steven Cohen's hedge fund SAC Capital Advisors, which pleaded guilty to insider trading.

He was later promoted to chief of the office's public corruption unit, where he oversaw the cases against former top New York State legislators Sheldon Silver and Dean Skelos, who were convicted on corruption charges.

FTX is now run by corporate restructuring expert John Ray, who oversaw the liquidation of Enron. Ray has met with prosecutors, sources told Reuters in December.

In a Nov. 17 statement filed in bankruptcy court, Ray wrote that FTX needed employees to stay on to help "establish accountability, preserve value and maximize stakeholder recoveries."

Hot Auto Trade Bot Phương Thức Thanh Toán
BROKERS ĐƯỢC CẤP PHÉP
net_home_top Ai VIF
30-01-2023 14:37:08 (UTC+7)

EUR/USD

1.0860

-0.0008 (-0.07%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (6)

Sell (1)

EUR/USD

1.0860

-0.0008 (-0.07%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (6)

Sell (1)

GBP/USD

1.2384

-0.0014 (-0.11%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (8)

Sell (1)

USD/JPY

129.55

-0.29 (-0.23%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (7)

Sell (1)

AUD/USD

0.7083

-0.0020 (-0.28%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (7)

Sell (1)

USD/CAD

1.3337

+0.0028 (+0.21%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (8)

EUR/JPY

140.70

-0.41 (-0.29%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (8)

Sell (1)

EUR/CHF

1.0017

+0.0014 (+0.13%)

Summary

Neutral

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (1)

Sell (6)

Gold Futures

1,927.70

-1.70 (-0.09%)

Summary

Neutral

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (5)

Sell (4)

Silver Futures

23.767

+0.145 (+0.61%)

Summary

Neutral

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (6)

Sell (2)

Copper Futures

4.1905

-0.0432 (-1.02%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (7)

Sell (0)

Crude Oil WTI Futures

79.11

-0.57 (-0.72%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (10)

Sell (0)

Brent Oil Futures

85.86

-0.54 (-0.63%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (10)

Sell (0)

Natural Gas Futures

2.681

-0.175 (-6.13%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (3)

Sell (2)

US Coffee C Futures

169.25

+2.10 (+1.26%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (7)

Euro Stoxx 50

4,178.01

+4.03 (+0.10%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

S&P 500

4,070.56

+10.13 (+0.25%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

DAX

15,150.03

+17.18 (+0.11%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (1)

FTSE 100

7,765.15

+4.04 (+0.05%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (1)

Hang Seng

22,091.00

-597.90 (-2.64%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

US Small Cap 2000

1,911.46

+8.39 (+0.44%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (0)

Sell (6)

IBEX 35

9,060.20

+24.60 (+0.27%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (9)

Sell (0)

BASF SE NA O.N.

52.790

+0.170 (+0.32%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Bayer AG NA

56.28

+0.24 (+0.43%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (3)

Allianz SE VNA O.N.

221.65

+0.05 (+0.02%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Adidas AG

148.30

+3.02 (+2.08%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (7)

Deutsche Lufthansa AG

9.755

+0.028 (+0.29%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (10)

Sell (0)

Siemens AG Class N

144.50

+0.44 (+0.31%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (10)

Sell (1)

Deutsche Bank AG

12.340

+0.208 (+1.71%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

    EUR/USD 1.0860 Buy  
    GBP/USD 1.2384 Buy  
    USD/JPY 129.55 ↑ Buy  
    AUD/USD 0.7083 Buy  
    USD/CAD 1.3337 ↑ Sell  
    EUR/JPY 140.70 ↑ Buy  
    EUR/CHF 1.0017 Neutral  
    Gold 1,927.70 Neutral  
    Silver 23.767 Neutral  
    Copper 4.1905 ↑ Buy  
    Crude Oil WTI 79.11 Buy  
    Brent Oil 85.86 Neutral  
    Natural Gas 2.681 Neutral  
    US Coffee C 169.25 Sell  
    Euro Stoxx 50 4,178.01 ↑ Buy  
    S&P 500 4,070.56 ↑ Sell  
    DAX 15,150.03 ↑ Buy  
    FTSE 100 7,765.15 ↑ Buy  
    Hang Seng 22,091.00 ↑ Sell  
    Small Cap 2000 1,911.46 ↑ Sell  
    IBEX 35 9,060.20 ↑ Buy  
    BASF 52.790 ↑ Buy  
    Bayer 56.28 ↑ Buy  
    Allianz 221.65 ↑ Buy  
    Adidas 148.30 Sell  
    Lufthansa 9.755 ↑ Buy  
    Siemens AG 144.50 ↑ Buy  
    Deutsche Bank AG 12.340 ↑ Buy  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,640/ 6,720
(-80/ -100) # 1,233
SJC HCM6,650/ 6,750
(-70/ -70) # 1,264
SJC Hanoi6,650/ 6,752
(-70/ -70) # 1,266
SJC Danang6,650/ 6,752
(-70/ -70) # 1,266
SJC Nhatrang6,650/ 6,752
(-70/ -70) # 1,266
SJC Cantho6,650/ 6,752
(-70/ -70) # 1,266
Cập nhật 30-01-2023 14:37:11
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,928.80 +0.15 0.01%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩm Vùng 1 Vùng 2
RON 95-V23.01023.470
RON 95-III22.15022.590
E5 RON 92-II21.35021.770
DO 0.05S21.63022.060
DO 0,001S-V23.39023.850
Dầu hỏa 2-K21.80022.230
ↂ Giá dầu thô thế giới
WTI $79.27 +1.18 1.47%
Brent $85.84 +1.25 1.44%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.250,0023.620,00
EUR24.814,9626.204,51
GBP28.296,9629.503,61
JPY176,00186,33
KRW16,5220,13
Cập nhật lúc 14:33:21 30/01/2023
Xem bảng tỷ giá hối đoái
Phương Thức Thanh Toán