- SBF approaches the united states court to block out a couple of charges against him.
- Ex-millionaire can also be facing civil cases in the SEC and CFTC.
FTX, the devastated crypto exchange firm’s ex-Chief executive officer, Mike-Bankman Fried (SBF), is approaching the united states court to block out a couple of charges against him. The intelligent fraudster was arrested within the Bahamas on November 20, 2022.
The U.S. Justice Department has filed cases against SBF on eight different counts, including conspiracy to commit wire fraud on customers and lenders, conspiracy to commit goods fraud, and conspiracy to commit securities fraud. Aside from these, the ex-millionaire can also be facing civil cases in the SEC and CFTC.
Presently, SBF’s attorney has posted his opposition and pleaded not liable to particular charges against him, stating these to be “groundless charges”. The SBF legal team continues to be making sure pleas to U.S. District Judge Lewis Kaplan every so often, such as the plea to postpone the hearing date from March to October.
The complaintant presently has as much as fourteen days to resolve this notion posted by SBF. The defendant is under house arrest together with his parents, who’re California residents.
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