The U.S. Department of Justice (DOJ) has argued that FTX founder Sam Bankman-Fried cannot rely on the country’s lack of clear regulatory frameworks for the emerging industry in his defense. In an Oct. 4 letter to Judge Kaplan, the DOJ wrote that there are prohibitions on misappropriation of customer assets, which are the laws SBF […]
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SBF Trial: Bankman-Fried cannot rely on US unclear crypto regulatory regime in trial, DOJ says