Sam Bankman-Fried, founder of FTX, has filed pretrial motions to dismiss a majority of the charges against him, including wire, securities and commodities fraud allegations, bribery claims, and unlicensed money transmitter operation. Bankman-Fried's attorneys argue that prosecutors did not "state an offense for failure to allege a valid property right" and that some of the laws he is being charged under do not apply to FTX due to it being based outside the U.S. Bankman-Fried's lead attorney previously hinted at the motions to dismiss during an arraignment, and Bankman-Fried pleaded "not guilty" to other charges brought across previous indictments. FTX collapsed last November, filing for bankruptcy alongside nearly 100 related firms and subsidiaries.