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News Explorer — Prosecutors Deny Bankman-Fried's Request to Dismiss Criminal Charges, Citing Sufficient Evidence of False and Misleading Representations

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May 30, 4:24 am
Reuters

Prosecutors Deny Bankman-Fried's Request to Dismiss Criminal Charges, Citing Sufficient Evidence of False and Misleading Representations

Prosecutors have urged a Manhattan federal court judge to deny a request by FTX founder Sam Bankman-Fried to dismiss criminal charges accusing him of stealing billions of dollars from customers. Bankman-Fried has argued that the indictment's allegations were insufficient and legally defective, however, prosecutors have rebutted this, stating that the Indictment sufficiently alleges false and misleading representations.

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