FTX Founder Sam Bankman-Fried's Criminal Charges Stand as Judge Rejects Dismissal Motions

The federal judge overseeing FTX founder Sam Bankman-Fried's criminal trial has rejected his motions to dismiss the criminal charges against him, stating that he did not have standing to dismiss many of the charges and did not meet the "extraordinary" circumstances required for dismissal. Bankman-Fried faces charges including wire fraud, bank fraud, operating an unlicensed money transmitter, bribery, and campaign finance violations. The judge's memorandum explains his reasoning for denying the motions, addressing questions of venue and the validity of property right claims. The trial is set for March 2024 for five charges and October 2023 for the remaining eight charges.