About a week ago, lawyers representing FTX debtors filed a motion with the bankruptcy court to subpoena and question Sam Bankman-Fried’s (SBF) inner circle and family members.
After the request was filed, the U.S. Trustee appointed by the Department of Justice (DOJ) filed an objection motion against the subpoena proposal. Andrew Vara, the U.S. Trustee in the FTX bankruptcy case, was added to the proceedings in December 2022. In the opposition filing, Vara argued that the subpoenas and questioning could be a waste of time and result in duplicative investigative efforts. Vara emphasized that the bankruptcy court has an “obligation to prevent unnecessary expenditures in the administration of an estate.”
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