Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, has asked a court in the United States to throw out the majority of the charges he is facing over the implosion of his crypto empire.
In a pretrial motion filed with the US District Court for the Southern District of New York on Monday, lawyers for Bankman-Fried argued that prosecutors had rushed to judgement in charging their client.
Bankman-Fried’s lawyers asked the court to dismiss 10 of the 13 charges, which include fraud and money laundering, for reasons including prosecutors’ failure to state an offence.
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