Odaily News U.S. prosecutors reiterated on Wednesday that the existing legal framework is sufficient to charge Sam Bankman-Fried with fraud-related violations. In a filing on Wednesday, the U.S. Department of Justice rejected the SBFs claim that there was a lack of evidence of cryptocurrency regulation. Prosecutors said that prohibiting the misappropriation of customer assets was the law the defendants were accused of violating, and that the lack of regulation was related to whether the victim entrusted the money. Giving the defendant custody is irrelevant, and evidence or arguments about lack of supervision will only confuse the jury. In addition, the U.S. Department of Justice responded that it has no objection to SBF providing acceptable evidence regarding charitable activities, as long as the evidence is for an appropriate purpose, including not for inclination or character purposes. (The Block)