Undermining the Fraud Indictment: English Law, Autonomy, and Credibility
Sam Bankman-Fried's defense team has submitted proposed jury instructions and supporting authorities to Judge Kaplan, contesting the U.S. DOJ's fraud indictment against the defendant. The defense attorneys argue that FTX's relationship with its customers, as governed by the Terms of Service, was under English law, which does not establish a trust or fiduciary relationship. They assert that the fraud charges brought by the government are unfounded.