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Browse: Home / 2023 / June / 16 / Judge Lewis Kaplan blasts Sam Bankman-Fried’s bid to toss FTX fraud charges

Judge Lewis Kaplan blasts Sam Bankman-Fried’s bid to toss FTX fraud charges

By Securities Docket on June 16, 2023, 8:00 am

The former billionaire’s camp is seeking to get 10 of the 13 fraud charges against him thrown out in the case charging him with stealing from customers of his since-defunct FTX cryptocurrency exchange.

“I congratulate you on extraordinarily imaginative arguments,” Manhattan federal Judge Lewis Kaplan said after Bankman-Fried lawyer Christian Everdell wrapped up his arguments during a hearing.

Kaplan seemed particularly skeptical of Everdell’s arguments that the feds failed to sufficiently prove conspiracy to commit bank fraud against his 31-year-old client, claiming that prosecutors didn’t argue that banks were harmed but rather customers were.

Source: Judge Lewis Kaplan blasts Sam Bankman-Fried’s bid to toss FTX fraud charges

Posted in Criminal, Top | Tagged FTX

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