FILE PHOTO: Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, leaves following a hearing at Manhattan federal court in New York City, U.S. January 3, 2023. REUTERS/Andrew Kelly/File Photo
NEW YORK (Reuters) - U.S. prosecutors on Tuesday asked a judge to postpone civil cases brought against FTX founder Sam Bankman-Fried by federal regulators until a parallel criminal case against the former billionaire concludes.
The Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have each filed civil fraud cases against Bankman-Fried over the collapse of his cryptocurrency exchange.
Bankman-Fried has pleaded not guilty to criminal fraud charges in Manhattan federal court.
(Reporting by Luc Cohen in New York)
