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The Independent UK
The Independent UK
National
Larry Neumeister

Prosecutors say Sam Bankman-Fried's arguments to dismiss cryptocurrency charges are meritless

Copyright 2023 The Associated Press. All rights reserved.

Sam Bankman-Fried’s lawyers made meritless arguments in a bid to convince a judge to toss out criminal charges alleging that the FTX founder stole from investors in his multibillion dollar cryptocurrency fund, federal prosecutors said Monday.

In papers filed in Manhattan federal court, prosecutors responded to early May filings in which Bankman-Fried’s lawyers insisted that the United States overreached in its case against Bankman-Fried, making federal crimes out of regulatory issues.

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