U.S. judge puts SEC, CFTC cases against FTX's Sam Bankman-Fried on hold


FILE PHOTO Former FTX Chief Executive Sam Bankman-Fried who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange leaves federal court in New York City U.S. February 9 2023. REUTERSMike Segar

FILE PHOTO: Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, leaves federal court in New York City, U.S., February 9, 2023. REUTERS/Mike Segar

NEW YORK (Reuters) - A U.S. judge on Monday put two regulators' civil lawsuits against Sam Bankman-Fried on hold until the conclusion of the Department of Justice's criminal case against the founder of the now-bankrupt FTX cryptocurrency exchange.

U.S. District Judge Kevin Castel in Manhattan granted a Justice Department motion to stay the lawsuits filed by the Securities and Exchange Commission and the Commodity Futures Trading Commission.

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