Sam Bankman-Fried seeks dismissal of charges in detailed defense.

FTX co-founder Sam Bankman-Fried has filed motions to dismiss most charges against him in connection with the collapse of the cryptocurrency platform, arguing that the charges were brought hastily by prosecutors seeking to turn civil and regulatory issues into federal crimes. Bankman-Fried is not contesting three charges related to commodities fraud, securities fraud, and money laundering. Federal prosecutors in Manhattan have accused Bankman-Fried of stealing billions of dollars in FTX customer funds to plug losses at Alameda Research, buy real estate, and make political contributions through an illegal straw-donor scheme.