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The Independent UK
The Independent UK
National
Larry Neumeister

With Sam Bankman-Fried looking on, judge seems skeptical of request to reject criminal fraud charges

Copyright 2023 The Associated Press. All rights reserved.

FTX founder Sam Bankman-Fried’s lawyers encountered a skeptical federal judge Thursday when they argued that he should toss out criminal fraud charges their client faces after the collapse of his cryptocurrency business.

Judge Lewis A. Kaplan repeatedly pushed back against arguments suggesting that nothing criminal happened if investors and customers of FTX were fooled into believing their money was being used for one purpose when it was being used for another.

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