The Digital Source For China's Tech Innovation Since 2000

SBF says “dishonesty and unfair dealing” aren’t fraud, seeks to dismiss charges

May 10, 2023
Source: arstechnica.com arstechnica.com
News Snapshot:
Late Monday, legally embroiled FTX founder Sam Bankman-Fried moved to dismiss the majority of criminal charges lobbed against him by the United States government after his cryptocurrency exchange went bankrupt in 2022. In documents filed in a Manhattan federal court, the law firm Sullivan & Cromwell shared Bankman-Fried's first official legal defense. Lawyers accused the US of a "troubling" and "classic rush to judgment," claiming that the government didn't even wait to receive "millions of documents" and "other evidence" against Bankman-Fried before "improperly seeking" to turn "civil and regulatory issues into federal crimes." After FTX's collapse last year, federal prosecutors...
Go To Original Source →
Tags: advertising | bank | bankrupt | bitcoin | blockchain | bribery | China | communications | court | crime | criminal | crypto | cryptocurrency | currency | customer | Extradition | fintech | Founder | fraud | government | Honor | illegal | IT | New York | United States

Other Related News:

If India and Pakistan’s ceasefire holds, the coming weeks will see a new battle: of narratives

May 10, 2025

Can Donald Trump really put a tariff on films?

May 10, 2025

Advancing noninvasive EEG with high spatiotemporal resolution through focused ultrasound

May 10, 2025

Review: The GameSir Super Nova is a budget Hall Effect controller

May 10, 2025

The Globe and Mail

May 10, 2025

India's clash with Pakistan sees use of Chinese missiles, French jets, Israeli drones and more

May 10, 2025

Physical buttons are finally making a comeback in cars, thanks to new safety guidelines – but I'm bracing myself for more irritating user experiences

May 10, 2025

Did Carney, the banker, use his bond-market black magic on Trump?

May 10, 2025

In South Africa I see stark evidence of extraordinary income inequalities

May 10, 2025
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2025 ChinaTechNews.com. A Service of Asia Media Network.
Twitter