In a late-night court filing, the legal team for disgraced FTX founder Sam Bankman-Fried began to mount its defense, arguing that all but three criminal charges from U.S. prosecutors should be dismissed.
Prosecutors from the Department of Justice in December charged Bankman-Fried with eight criminal counts related to the stunning collapse of his crypto empire, once valued at over $30 billion, extraditing him from a Bahamian prison. In superseding indictments, prosecutors charged Bankman-Fried with four new counts in February and a 13th in March, alleging that he had bribed Chinese officials. Bankman-Fried pleaded not guilty to all charges.
