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

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