According to CoinDesk, the lawyer for former FTX CEO Sam Bankman-Fried (SBF) stated in legal documents that if additional charges are added, FTX founder SBF may face delays in fraud lawsuits for "months or even years", thereby preventing past the planned October trial date.

His lawyers argued that the charges added by the U.S. Justice Department after his extradition could violate the U.S. treaty with the Bahamas and that he has the right to challenge any attempt to add them in overseas courts.
In addition, the U.S. Supreme Court bolstered the plaintiffs' defense by narrowing the scope of federal fraud laws in a May case involving bidding for state contracts. Lawyers for SBF argue that that and other case law undercuts SBF's argument for defrauding banks and people who borrowed money from Alameda Research, who could in principle still get their money back if the company winds up. #新闻frontier# #Content Star#