FTX founder Sam Bankman-Fried seeks dismissal of indictment

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FTX founder Sam Bankman-Fried sought a dismissal of criminal charges against him in a court filing late Monday, saying prosecutors have improperly made federal crimes out of civil and regulatory issues that resulted from an industrywide collapse of cryptocurrency markets dubbed the "crypto winter." Lawyers for the onetime head of a multibillion dollar cryptocurrency exchange said in papers in Manhattan federal court that the U.S. government had a "dramatic — and troubling" response to a broad market crash in cryptocurrency last year that affected every corner of the market. They said Bankman-Fried's non-U.S. FTX company lasted far longer than others…

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