Sam Bankman-Fried Hires Mark Cohen as His Attorney: Reuters

The former head of the now-bankrupt crypto exchange, Bankman-Fried has yet to be charged with any crimes.

AccessTimeIconDec 6, 2022 at 8:59 p.m. UTC
Updated May 9, 2023 at 4:04 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Sam Bankman-Fried has retained high-profile defense attorney Mark Cohen, reported Reuters on Tuesday, citing confirmation from Bankman-Fried's spokesperson Mark Botnick.

A partner at Cohen & Gresser, Mark Cohen is a former federal prosecutor and recently represented Ghislaine Maxwell in her sex trafficking trial.

Though not yet formally charged with any wrongdoing, Bankman-Fried is reportedly being probed by both U.S. federal prosecutors and the Securities and Exchange Commission (SEC) for his actions with respect to FTX – the failed crypto exchange he once led – and its sister company Alameda Research.

Since the collapse of FTX, Bankman-Fried – against what might be typical legal advice to keep one's mouth shut – has submitted to extensive questioning in numerous forums, describing his actions as leader of the exchange as possibly stupid but not criminal. The stakes, though, have been upped somewhat of late, with Rep. Maxine Waters (D-Calif.) strongly suggesting that SBF appear next week before the House Committee on Financial Services, which she chairs, where he would presumably be under oath.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish, a cryptocurrency exchange, which in turn is owned by, a firm with interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets including bitcoin and EOS. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity.

Stephen  Alpher

Stephen Alpher is CoinDesk's managing editor for Markets. He holds BTC above CoinDesk’s disclosure threshold of $1,000.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.