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Prosecutors say Sam Bankman-Fried’s arguments to dismiss cryptocurrency charges are meritless

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( ) -q-22- UNDATED (Correspondent Jeremy House) “of regulatory issues.”

New York prosecutors say Sam Bankman-Fried’s lawyers made meritless arguments in a bid to convince a judge to toss out criminal charges.

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TAG: Correspondent Jeremy House reporting. Bankman-Fried has been living with his parents in Palo Alto, California after posting a $250 million personal recognizance bond after his December extradition from the Bahamas.

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VERBATIM: Those charges allege that the FTX founder stole from investors in his multibillion dollar cryptocurrency fund. Prosecutors arguments responded to early-May filings in which Bankman-Fried’s lawyers insisted that the federal government overreached in its case against Bankman-Fried. They contend prosecutors made federal crimes out of regulatory issues.

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