U.S. Department of Justice: Former FTX executives, customers, and investors will appear in court to accuse SBF

ChainCatcher news, according to CoinDesk, the U.S. Department of Justice confirmed in two filings submitted on Saturday that federal prosecutors wish to subpoena former customers, investors, and employees of FTX in the upcoming trial against SBF. Customers and investors who held FTX stock can explain their expectations regarding how FTX managed their funds, while cooperating witnesses can describe "their interactions with the defendant and their understanding of the purpose of certain statements and actions by the defendant."

The letter did not specify the identities of any potential witnesses, nor did it indicate how many witnesses the Department of Justice intends to subpoena. The Department of Justice confirmed that former FTX Chief Technology Officer Gary Wang, former FTX Engineering Chief Nishad Singh, and former Alameda Research CEO Caroline Ellison are three cooperating witnesses who have all pleaded guilty to charges related to the exchange and will testify. Another former FTX executive, Ryan Salame, acknowledged the charges but had not agreed to testify as of a few weeks ago. The Department of Justice also plans to subpoena at least two additional witnesses who have been granted immunity to testify, but their identities have not yet been made public.