A federal judge denied a motion to dismiss most of the charges against FTX co-founder Sam Bankman-Freed (SBF). Writes about it The Block.
The defense sent a corresponding appeal in May 2023. Lawyers asked to reject almost all counts except conspiracy to commit securities fraud, commodities fraud and money laundering.
The petition stated that several charges were duplicated or related to the same article. Some points, according to the defense, appeared after the extradition of the SBF to the United States. In total, they filed seven applications.
The judge dismissed the claims, calling them “controversial or unsubstantiated.”
Recall that in December 2022, the US Department of Justice charged the head of FTX with eight criminal offenses. He was arrested in the Bahamas and extradited to the States, where he was released on $250 million bail.
In February 2023, prosecutors increased the number of charges against Bankman-Fried to 12, and in March to 13. He pleaded not guilty to any of the counts, including bribing a Chinese official. The trial is scheduled for October 2, 2023.
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A federal judge denied a motion to dismiss most of the charges against FTX co-founder Sam Bankman-Freed (SBF). Writes about it The Block.
The defense sent a corresponding appeal in May 2023. Lawyers asked to reject almost all counts except conspiracy to commit securities fraud, commodities fraud and money laundering.
The petition stated that several charges were duplicated or related to the same article. Some points, according to the defense, appeared after the extradition of the SBF to the United States. In total, they filed seven applications.
The judge dismissed the claims, calling them “controversial or unsubstantiated.”
Recall that in December 2022, the US Department of Justice charged the head of FTX with eight criminal offenses. He was arrested in the Bahamas and extradited to the States, where he was released on $250 million bail.
In February 2023, prosecutors increased the number of charges against Bankman-Fried to 12, and in March to 13. He pleaded not guilty to any of the counts, including bribing a Chinese official. The trial is scheduled for October 2, 2023.
Found a mistake in the text? Select it and press CTRL+ENTER
Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!