OPINION
NEWS
REGIONS
WORLD
BUSINESS
SPORTS
ENTERTAINMENT
LIFESTYLE
THE SUNDAY TIMES
SPECIAL FEATURES
SPECIAL SECTIONS
TMT NEWSWIRE
FAST TIMES
LEGAL ADVICE
CAMPUS PRESS
VIDEOS
EXPATS & DIPLOMATS
PHOTOS
BUSINESS FORUM
PODCASTS
RESOURCES
WEATHER
MARKET OVERVIEW
CLASSIFIEDS
EXAM RESULTS
TMT DIGITAL EDITION
TMT CSI
TMT 126TH ANNIVERSARY
QUIZZES
GAMES
Business > Foreign Business
Bankman-Fried's defense arguments meritless
By Associated Press
May 31, 2023 12:20 am

NEW YORK CITY: Sam Bankman-Fried's lawyers made meritless arguments in a bid to convince a judge to toss out criminal charges alleging that the FTX founder stole from investors in his multibillion-dollar cryptocurrency fund, federal prosecutors said on Monday.

In papers filed in Manhattan federal court, prosecutors responded to early May filings in which Bankman-Fried's lawyers insisted that the United States overreached in its case against Bankman-Fried, making federal crimes out of regulatory issues.

Related Articles

Japan watchdog accuses Google of antitrust violation

Bluesky finds with growth comes growing pains — and bots

Starbucks workers expand strike across US

Stellantis backtracks lay off plan at US Jeep plant

Panel favors US in GMO corn trade row

Investors worry over US govt shutdown showdown

Nio unveils brand to battle BMW's Mini