U.S. News

Prosecutors Clap Back as Bankman-Fried Tries to Wriggle Out of Charges

NICE TRY

In a nearly 100 page legal filing, officials rebutted the FTX founder’s claim that most of the charges against him should be dismissed.

2023-05-17T161833Z_1769475777_RC2LAY9Y7536_RTRMADP_3_USA-BANKMANFRIED_ruvoes
Reuters/Marco Bello/File Photo

Prosecutors submitted a nearly 100-page memo on Tuesday refuting FTX founder Sam Bankman-Fried’s effort to have most of the charges against him dismissed. The filing, which was filled mostly with legalese and discussion of precedents, disputed Bankman-Fried’s claim that some of the charges should be dropped for technical reasons related to the terms of his extradition agreement from the Bahamas; other charges, his lawyers claimed, were overly vague. Bankman-Fried is under home confinement at his parents’ house in California; his trial is expected to take place in the fall.

Read it at Reuters

Got a tip? Send it to The Daily Beast here.