Sam Bankman-Fried’s Trial: Judge Recuses Due to Husband’s Affiliation With FTX

QUICK TAKE

• Judge quits her role in the FTX-SBF lawsuit for reasons bordering on compromise.
• Her husband currently has a partnership with a firm that once advised FTX.

Ronnie Abrams, the presiding judge in the lawsuit against FTX’s embattled co-founder, Sam Bankman-Fried (SBF) no longer wants to serve in that capacity. In a written court order on Friday, she disclosed that her spouse, Greg Andres is an associate of Davis Polk & Wardwell, a New York-based prestigious professional law firm that had previously consulted for SBF’s cryptocurrency exchange, FTX.

According to Mrs. Abrams, some groups that had been represented by the firm in the past were probably at odds with the degraded crypto exchange and its co-founder although there is no record of her husband being involved in any of the litigations. This revelation, therefore, places the female judge in a compromised situation hence her decision to discontinue the case.

A New Judge to Be Appointed
The one-time FTX boss is currently on trial for charges that include (but are not limited to) financial crimes through means of telecommunication, persuading investors to make decisions based on false information, and money laundering.

His next court appearance is scheduled until January 3, 2023, at which point a new judge will be named to pick up where Mrs. Abrams left off.

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