FTX co-founder Sam Bankman-Fried has been unsuccessful in his attempt to dismiss criminal charges against him.

This comes after a federal judge overseeing his trial rejected his pretrial motions.

Bankman-Fried, who is facing charges of wire fraud, bank fraud, operating an unlicensed money transmitter, bribery and campaign finance violations, had filed to dismiss most of these charges last month.

Judge Lewis Kaplan of the U.S. District Court for the Southern District of New York has now denied all of his motions.

In a detailed 41-page memorandum, Judge Kaplan outlined his reasons for rejecting the remaining pretrial motions to dismiss.

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He addressed issues related to the venue and the validity of property rights claims in the fraud charges brought by the prosecutors.

The judge said, "The Second Circuit has deemed dismissal an 'extreme sanction' that has been upheld 'only in very limited and extreme circumstances,' and should be 'reserved for the truly extreme cases,' especially where serious criminal conduct is involved."

Earlier, Judge Kaplan had allowed the separation of five out of the 13 charges against Bankman-Fried, the former CEO of FTX.

These charges are set to be tried in March 2024.

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