FTX Founder Sam Bankman-Fried Requests Dismissal of Criminal Charges.
TL;DR Summary
FTX founder Sam Bankman-Fried has requested a US judge to dismiss 10 of the 13 charges against him, including allegations of stealing from customers of his cryptocurrency exchange. His lawyers argue that FTX was only one of several cryptocurrency companies to collapse during a market crash last year, and that prosecutors rushed to judgment and hastily charged their client. Bankman-Fried's lawyers also asked the judge to order prosecutors to turn over any documents in FTX's possession that could be helpful to the defense.
Topics:business#cryptocurrency#cryptocurrency-exchange#fraud-charges#ftx#money-laundering#sam-bankman-fried
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- FTX crypto collapse: Sam Bankman-Fried seeks to dismiss most criminal charges ABC News
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