FTX founder Sam Bankman-Fried (SBF) is seeking to have up to 10 criminal charges against him dismissed in court, arguing that there has been a failure to state an offense. SBF's legal team has pushed to dismiss everything apart from three counts of conspiracy to commit commodities fraud, conspiracy to commit securities fraud, and conspiracy to commit money laundering.

The move comes after additional charges were added after SBF's extradition agreement was made. U.S. District Judge Lewis Kaplan will hear arguments on June 15 on the dismissal request. SBF has pleaded not guilty to the charges and has been on house arrest since December.