Prosecutors opposed the request to drop the charges against Sam Bankman-Fried (SBF), the founder of the bankrupt cryptocurrency exchange FTX.
In a statement submitted to the court on May 29 by the New York prosecutor’s office, the prosecution stated that the charges against the SBF big part of to be lowered demand for rejection stated that it should. SBF’s arguments inadequate, worthless And legal in terms of problem It was suggested that it was.
Prosecutors in the indictment, accused And collaborators of Alameda with his financial situation to the respective lenders. wrong And in misleading statements allegations that there are adequately supported by the evidence. and more details that you don’t need stated.
Also, SBF “rule of expertise” his request to drop the charges under the scope of Executed in FTX the one which… illegal your actions US market in affected by arguing that unfair described as.
case judge by Lewis Kaplan parties verbal to listen to your statement 15 June It was announced that a new hearing will be held on
SBF May Not Get What It Hopes About “Right To Control”
SBF, some of the fraud charges, the U.S. Supreme Court 11 May invalidated on “right to control” to the theory based on arguing that these accusations to be lowered had requested.
Right of control theory legal aspect able to be identified for the victim of being deceived Besides the financially in damage must see by refusing valuable economic information from the victim to keep also one fraud claims to be.
However, experts believe that the SBF’s justification from this point of view is not necessary. it’s not easy because the prosecution damage to the tangible assets of customers He said he could put it forward.
SBF, 8 May given to the court on declare together with various with arguments accusations against big One lowering the part had requested.