Bankman-Fried faces long odds of tossing charges despite Supreme Court decision

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By Luc Cohen NEW YORK (Reuters) – FTX founder Sam Bankman-Fried is hoping a recent Supreme Court decision limiting the scope of fraud prosecutions will bolster his defense as he fights charges stemming from the collapse of his cryptocurrency exchange. But legal experts said Bankman-Fried’s odds of getting the charges dismissed remain slim. On May 8, Bankman-Fried asked U.S. District Judge Lewis Kaplan to dismiss most of the charges against him, arguing that some were based on a theory of fraud that centers around depriving a victim of economically-valuable information rather than tangible prop…

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