• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

US Prosecutors Oppose FTX Executive’s Motion to Dismiss Charges

user avatar

by Giorgi Kostiuk

a year ago


  1. Charges and Defense
  2. Executive’s Objection
  3. Prosecutors’ View

  4. US prosecutors have opposed a motion to dismiss charges against an FTX executive. They state the executive pleaded guilty and should withdraw his objection. The executive’s lawyers claim he was misled.

    Charges and Defense

    The FTX executive faces various financial charges and had pleaded guilty. However, his lawyers argue he was misinformed about these charges. Prosecutors counter that the charges are valid.

    Executive’s Objection

    The executive’s lawyers defend his motion to dismiss the charges. They claim their client was not fully informed about the charges. Therefore, they argue the objection should be accepted.

    Prosecutors’ View

    Prosecutors state the executive pleaded guilty and the objection should be dismissed. They emphasize he was sufficiently informed about the charges and the objection is invalid.

    > “The executive pleaded guilty and was adequately informed during the process,” they said.

    The FTX executive pleaded guilty after facing financial charges. However, his lawyers claim he was misled and request the charges be dismissed. Prosecutors oppose this request, stating the charges are valid. Prosecutors argue the executive pleaded guilty and the charges should not be dismissed. They state he was fully informed about the charges and his objection is invalid. The decision will be made after the court’s evaluation.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Goldman Sachs Expands Crypto Exposure Beyond Bitcoin

chest

Goldman Sachs has diversified its cryptocurrency holdings, now including Ethereum, XRP, and Solana, while CEO David Solomon shares his personal Bitcoin investment.

user avatarTenzin Dorje

Crypto Market Faces Significant Outflows Amid Bearish Sentiment

chest

The cryptocurrency market is currently facing a bear market, characterized by significant outflows from crypto funds.

user avatarBayarjavkhlan Ganbaatar

XRP Price Trends Show Weak Momentum and Potential Support Levels

chest

XRP has corrected by approximately 40% since the start of the year, indicating weak momentum and potential support levels.

user avatarMohamed Farouk

Balaji Srinivasan Highlights Zcash's Scalability and Privacy Benefits

chest

Balaji Srinivasan highlights Zcash's scalability and privacy benefits, advocating for its potential growth in the cryptocurrency market.

user avatarDiego Alvarez

Balaji Srinivasan Makes Case for Zcash in Fight Against Surveillance

chest

Balaji Srinivasan argues that Zcash is essential to protect privacy in the face of increasing AI-enabled surveillance, framing the choice as Zcash or communism.

user avatarElias Mukuru

XRP Ledger Launches Permissioned DEX to Boost Institutional Adoption

chest

The XRP Ledger has activated the Permissioned DEX amendment to enhance compliance for institutional trading.

user avatarKenji Takahashi

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.