FTX founder Sam Bankman-Fried urges court to dismiss charges

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FTX founder Sam Bankman-Fried has asked a U.S. judge to throw out several criminal charges against him related to the collapse of FTX last year.

Commenting on the move, crypto researcher Molly White suggested that “at least part of it seems to come down to the fact that additional charges were added after SBF's extradition agreement was made.”

U.S. District Judge Lewis Kaplan will hear arguments on June 15 on this dismissal request, and prosecutors will have until May 29 to respond.Despite the rest of SBF’s inner circle all pleading guilty and agreeing to cooperate with prosecutors, the man himself has pleaded not guilty to the charges laid against him.

SBF has been on house arrest in his parent’s home in Paolo Alto since December, and in the most recently development, Judge Lewis Kaplan approved the taps on SBF’s parents’ phones as meeting bail conditions, despite SBF’s legal team requesting a revision.#

 

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Indicted FTX founder Sam Bankman-Fried urges court to toss chargesSam Bankman-Fried, who has long denied stealing from customers of his FTX cryptocurrency exchange, on Monday asked a U.S. judge to throw out criminal charges against him over the now-bankrupt FTX's collapse.
Source: Reuters - 🏆 2. / 97 Read more »