FTX bankruptcy proceedings have taken another twist after the company’s insiders were all hit with fresh subpoenas.
The bankruptcy court has ordered Sam Bankman-Fried, former Alameda CEO Caroline Ellison, former FTX CTO Gary Wang, and former co-CEO of FTX Digital Markets Nishad Singh to produce a range of documents related to the exchange’s activities.
Bankman-Fried’s father Joseph Bankman and mother Barbara Fried are among those subpoenaed too, according to court documents filed Tuesday in the U.S. Bankruptcy Court for the District of Delaware.
FTX’s legal team asked for permission to serve subpoenas to the group on January 25, saying that “key questions remain… concerning numerous aspects of the Debtors’ finances and transactions.”
The subpoenas demand a considerable amount of information regarding the now-defunct crypto exchange and its affiliated companies, including “any payments, digital assets, real estate, fiat currency, or other assets received from any of the entities in the FTX Group,” or from any executive or employee of any entity in the FTX Group.
All but Bankman-Fried must supply the requested information by February 16. The disgraced crypto founder has until February 17 to provide the relevant documents.

FTX Lawyers Can Now Subpoena Sam Bankman-Fried's Group of 'Insiders'
A judge granted FTX’s legal team permission to subpoena FTX co-founders Sam Bankman-Fried and Gary Wang, ex-Alameda Research CEO Caroline Ellison, Bankman-Fried’s parents, and his brother Gabriel, according to a court order filed on Wednesday. FTX’s legal team asked for permission to send subpoenas to the group, which it calls the “Insiders,” on January 25, saying that some within Bankman-Fried’s inner-circle have been cooperating with the restructuring team’s efforts to recover assets. “Key que...
FTX suspicious activity information demanded
Both Bankman-Fried and Ellison have been specifically asked to provide information about all communications sent or received from personal email accounts or instant messaging platforms concerning the FTX Group or assets of the FTX Group or Alameda.
They are also asked to produce information about Binance’s move to acquire FTX last November, which eventually fell through after CEO Changpeng Zhao stated that FTX's liquidity problems were “beyond our control or ability to help.”
FTX’s legal team also wants to see documents related to “any payments or other transfers of value to any political campaigns, politicians, political action committees, political parties,” and other affiliated individuals.

Sam Bankman-Fried Pleads Not Guilty to Fraud and Other Financial Crimes
FTX founder Sam Bankman-Fried pleaded not guilty to a series of financial crimes on Tuesday, appearing before a federal court in New York as part of his arraignment. Gathered in a wood-paneled courtroom that overlooked a foggy New York skyline, Bankman-Fried sat, flanked by his legal team on both sides. He showed up to his arraignment clean-shaven, wearing a navy suit and reddish-brown dress shoes. It was a stark departure from the T-shirt and shorts he’s known for wearing. The disgraced crypto...
The court has asked SBF’s father to produce information about “contemplated, potential, or actual purchases of real estate,” including any real estate in the Bahamas.
FTX Digital Markets’ Singh has been specifically asked to produce documents related to FTX Group's risk management and automated liquidation systems, processes, and policies, including all documents that would shed light on how those applied or did not apply to Alameda.
SBF, who faces eight criminal charges, including wire fraud, money laundering, and misappropriation of customer funds, last month pleaded not guilty to the alleged crimes.
Former Alameda CEO Ellison and FTX co-founder Wang, on the other hand, have both admitted to fraud and are cooperating with federal prosecutors.