🚨USA: the lack of crypto rules does not affect the charges against the ex-head of FTX Sam Bankman-Fried (SBF). The US Department of Justice filed a motion to dismiss the argument that there is no crypto regulation in the US.
🔹SBF is accused of fraud and misappropriation of client funds.
🔹His lawyers argued that FTX was not regulated in the US, so he is innocent.
🔹The US Department of Justice called this argument irrelevant, emphasizing that the absence of specific legislation does not exempt from legal liability.
🔹SBF is accused of fraud and misappropriation of client funds.
🔹His lawyers argued that FTX was not regulated in the US, so he is innocent.
🔹The US Department of Justice called this argument irrelevant, emphasizing that the absence of specific legislation does not exempt from legal liability.