Sam Bankman-Friedarguing that they had improperly filed additional charges, asking the judge to dismiss certain charges against him.
Bankman Fried, who allegedly made billions of dollars in corruption through FTX, filed a petition in Manhattan federal court. Fried’s attorneys, U.S. District Judge Lewis KaplanHe asked the Bahamian Government to drop the campaign finance violation charge, as it did not approve when it green-lighted his extradition to the United States.
Fried Calls New CEO Spokesperson for Government
Sam Bankman Fried’s legal team argued that the new charges against FTX’s co-founder were also invalid because prosecutors did not receive the necessary clearance from the Bahamian authorities.
In his petition, Fried’s lawyers stated: “Mr. Bankman-Fried consented to be prosecuted only on the charges in the original indictment, for which the Bahamian government accepted extradition.” Weeks after FTX filed for bankruptcy, Bankman-Fried lives and runs FTX. Nassau He was arrested in US prosecutors said Fried had a years-long plan to defraud investors and buy property and crypto hedge funds. Alameda Researchalleged misuse of client funds, including by diverting trading activities through
After Manhattan federal prosecutors asked Bahamian authorities to arrest him, Bankman-Fried avoided a potentially lengthy legal battle by agreeing to simplified extradition to the United States.
His lawyers, however, argue that Bankman-Fried maintains his rights under the extradition law and cannot be prosecuted on any charges other than those for which he has agreed to extradite. According to lawyers Bahamian Government , had signed Bankman Fried’s surrender document, but it did not include Article 8, an accusation of violating the campaign finance law. In addition to this charge, Bankman-Fried faced other fraud charges when he arrived in the United States. Prosecutors have since filed two additional indictments, bringing the number of Fried’s charges to 13.
Bankman-Fried is also forcing FTX’s new management to turn over the documents to him. His attorneys have included as evidence several emails passed between the US prosecutors conducting the FTX investigation and Sullivan & Cromwell attorneys hired to help restructure the company.
Lawyers, FTX’s new CEO John Jay Rayand the company’s lawyers continued to make derogatory remarks about Bankman-Fried, acting as the spokesperson for the government and labeling him as the bad guy.
Fried denied all accusations. OctoberHe is scheduled to appear in court this month.
