Lawyers for FTX founder Sam Bankman-Fried on Monday filed motions to dismiss the US government’s fraud charges against him. Bankman-Fried’s attorneys said the government failed to properly explain what offenses the former CEO of the bankrupt crypto exchange committed. They urged the judge to toss most of the charges against him, which include fraud and bribery. Bankman-Fried has pleaded not guilty to the 13 charges.
The government has two weeks o respond to the motions from Bankman-Fried’s lawyers, and the judge has called the next hearing for June 15, where Bankman-Fried is expected back in court. The 31-year-old Bankman-Fried is under house arrest on a $250 million bond. He awaits trial at his parents’ home in Palo Alto, California. Bankman-Fried has acknowledged mishandling his business but has denied engaging in fraud.