• 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

Max Keiser Predicts Zcash Price Drop to 55

chest

Max Keiser predicts a significant drop in Zcash price to 55, citing bearish market indicators and describing recent price movements as a pump and dump.

user avatarFilippo Romano

The Role of Financial Literacy in Capital Markets

chest

The report emphasizes the importance of enhancing financial literacy to boost investor confidence and engagement in capital markets.

user avatarBayarjavkhlan Ganbaatar

Whale Accumulation and Corporate Holdings Signal Market Strength

chest

Recent on-chain data indicates that holders with more than 10,000 BTC are back in net accumulation, while the world's top 100 listed firms now hold over 1,058,000 BTC.

user avatarEmily Carter

Federal Reserve Warns of Quantum Risks to Cryptocurrency

chest

The Federal Reserve warns about potential risks of quantum computing to Bitcoin's security, affecting investor confidence and market stability.

user avatarTomas Novak

GeeFi Launches GEE Token Presale with Promising Returns

chest

GeeFi has launched its GEE token presale, which has already seen significant success, raising over $350,000.

user avatarMaya Lundqvist

SEA Token Launch Set for Q1 2026

chest

OpenSea is preparing for the launch of its SEA token in Q1 2026, focusing on development and regulatory compliance to enhance platform governance and utility for users.

user avatarKaterina Papadopoulou

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.