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FTX Founder Sam Bankman-Fried Seeks Dismissal of Criminal Charges

May 9, 2023
in Crypto Exchanges
Reading Time: 2 mins read
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Creator: Sohrab Khawas Might 9, 2023 11:04

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Sam Bankman-Fried, the creator of FTX, has submitted pre-trial motions to dismiss many of the fees in opposition to him, together with allegations of fraud and bribery pertaining to his time serving because the CEO of a cryptocurrency change. His attorneys are requesting that some accusations in opposition to him be dropped, together with those of conspiracy to commit financial institution fraud in addition to wire fraud in opposition to FTX purchasers and Alameda Analysis lenders. The protection claims that the prosecution didn’t state an offense as a result of it couldn’t show the existence of a authorized property curiosity.

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Tags: BankmanFriedchargescriminalDismissalFounderFTXSamseeks
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