Judge Ronnie Abrams recuses himself from Sam Bankman-Fried case because her husband’s company advised FTX

The federal judge overseeing the case of FTX founder Sam Bankman Fried recused himself because her husband’s law firm advised the bankrupt cryptocurrency exchange.

Ronnie Abrams, District Judge for the Southern District of New York, said in a court order on Friday that the law firm Davis Polk and Wardwell LLP — where her husband is a partner — advised FTX in 2021.

The firm has represented parties who may be adverse to FTX and Bankman-Fried in other proceedings or potential proceedings, Abrams wrote.

“My husband did not participate in any of these performances,” she wrote in the filing. “These cases are confidential and their substance is unknown to the Court. Nevertheless, to avoid a possible conflict, or the appearance of such a conflict, the Court hereby recuses itself from this action.

Judge Ronnie Abrams has recused herself from the Sam Bankman Fried case.
PA

Abrams’ husband, Greg D. Andres, is the former Brooklyn federal prosecutor who later served as an assistant assistant attorney general in the Justice Department, The New York Times reported earlier this month.

Andres was part of Special Counsel Robert S. Mueller’s team that investigated Russian interference in the 2016 election.

Before being nominated by President Barack Obama in 2012, Abrams also worked at Davis Polk & Wardwell where she oversaw his pro bono program, according to The Times. From 1998 to 2008, she served as a prosecutor in the U.S. Attorney’s Office for the Southern District of New York.

Bankman-Fried leaves Manhattan federal court
Banker Fried could spend the rest of his life behind bars if convicted.
Matthew McDermott

Bankman-Fried, who is currently under house arrest while on $250 million bail, is accused of illegally using investors’ money to buy real estate, fund his trading company Alameda Research and make political donations that led to the sudden collapse of FTX. last month.

He faces charges of wire fraud, securities fraud, conspiracy, money laundering and campaign finance violations that could put him behind bars for 115 years.

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