FTX Founder Sam Bankman-Fried Takes Action to Drop Charges

Sam Bankman-Fried (SBF), the founder of the bankrupt cryptocurrency exchange FTX, has applied to the court to have most of the charges brought against him dropped.

The SBF, in its statement to the US State Court of New York on May 8, except three addressed to him dropping all charges demanded. Founder, conspiracy to commit commodity fraud, conspiracy to commit securities fraud and conspiracy to launder money for any crimes did not file an appeal.

SBF’s legal team after the founder’s extradition to the main charges made in addition 5 charges 4 of them “rule of expertise” stated infringement. Specialization rule under the jurisdiction of the country requesting an offender, only for crimes for which he was extradited he could be judged. Charges requested to be dropped bank fraud, retail bank fraud, political bribery and bribery of a Chinese government official reported to have been charged.

Moreover defraud the USA for conspiracy to blame for the crime insufficient evidence presented dismissal was among the demands submitted to the court. SBF’s attorneys, FTX or Alameda Research USA with attached with any bank account that you don’t interact underlined.

Founder, USA after refund the number of violations of the law faced with new charges and accused over time to 13 had been removed.

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