Lawyers for FTX Founder Sam Bankman-Fried have stated that litigation proceedings against him could be significantly delayed if further charges are added against the founder.
Bankman-Fried’s lawyers have argued that a new Supreme Court judgment shows that the FTX founder has not committed fraud.
A Significant Delay
Bankman-Fried’s lawyers argued about the delay in legal filings that were made on Monday. The disgraced FTX founder remains on bail after being arrested in the Bahamas in December. US authorities filed several criminal charges against Bankman-Fried, following which he was extradited following the collapse of FTX and its associated entities, including Alameda Research. FTX and Alameda Research had filed for bankruptcy in November, with SBF pleading not guilty to charges brought against him, including those of money laundering and wire fraud.
Lawyers representing Bankman-Fried argued in a pretrial motion to dismiss a majority of the charges against him that charges
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