Prosecutors Call Bankman-Fried’s Motions to Dismiss Charges ‘Meritless,’ Push Forward with Trial

Bankman-Fried, the former CEO of cryptocurrency exchange FTX and hedge fund Alameda Research, has pleaded not guilty to 13 counts of fraud, conspiracy, illegal campaign contributions, and foreign bribery.
Prosecutors say Bankman-Fried's arguments to dismiss the charges against him are baseless and his trial is still scheduled to begin in October.
Bankman-Fried is currently under house arrest in California after posting $250 million bond.
Prosecutors are seeking permission from the Bahamas to bring additional charges against Bankman-Fried.
If convicted, Bankman-Fried faces up to 80 years in prison for allegedly stealing billions of dollars from FTX customers and using it to cover losses at Alameda Research.