Sam Bankman-Fried, the indicted founder of bankrupt cryptocurrency exchange FTX, wants a U.S. judge to throw out criminal charges brought against him following his extradition from the Bahamas.
In papers filed late Monday in Manhattan federal court, lawyers for the former billionaire said they asked Bahamas' Supreme Court to bar the country's government from authorizing U.S. prosecutors to move forward on the five charges, until their client has a chance to be heard.
The lawyers said a sixth charge, for violating U.S. campaign finance laws, should also be dismissed though it was brought before his extradition, because the Bahamas did not consent to it., or try them separately from seven additional charges at Bankman-Fried's scheduled Oct. 2 trial. FTX was based in the Caribbean country.
"To proceed otherwise would cause significant prejudice to Mr. Bankman-Fried and should not be permitted," his lawyers wrote on Monday.in December from the Bahamas to face charges he stole from customers, lied to investors and lenders, and violated campaign finance laws.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sam Bankman-Fried fighting post-extradition charges in Bahamas courtBankman-Fried’s attorneys asked Bahamas’ Supreme Court to bar the country’s government from authorizing US prosecutors to move forward on five charges.
Read more »
Sam Bankman-Fried's Bahamas Litigation May Take ‘Months or Years,’ His Counsel SaysExtra charges brought against FTXOfficial founder Sam Bankman-Fried could imply a significant delay, his lawyers argue. jackschickler reports.
Read more »
Sam Bankman-Fried Takes Fight Over Federal Fraud Case to BahamasFTX founder Sam Bankman-Fried wants to make his case to the Bahamas that some of the U.S. fraud charges he faces over the collapse of the crypto-exchange violate the terms of his extradition.
Read more »
SEC lawsuits against cryptocurrency companies raise questions about industry’s futureFirst came the crypto winter, then the alleged fraud wrought by FTX founder Sam Bankman-Fried, and now the lawsuits.
Read more »
Mochi doughnut and Korean fried hot dog spot opens 3rd locationThe growing chain offers a variety of mochi doughnuts, ice cream and fried hot dog combinations
Read more »
9 of the Very Best WoksFor your stir-fries, fried rice, stews, braises, and even popcorn.
Read more »