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The DOJ Has Come Out Swinging in the Sam Bankman-Fried Trial


The trial has started off strong for the Department of Justice. Some expected the DOJ to bring its most important witnesses – namely Sam Bankman-Fried’s former inner circle – toward the end of the trial – but oh how wrong we were

Sam Bankman-Fried's Lawyers Test the Judge's Patience


It could take six weeks for prosecutors to make their case against Sam Bankman-Fried. But only three days were needed for the judge overseeing his trial to lose patience with the former crypto chief’s defense team

Unpacking the First Day of Sam Bankman-Fried's Actual Trial


A Parisian cocoa trader told Sam Bankman-Fried’s trial jury that pricey ads and FTX’s confident CEO helped convince him the crypto exchange was a safe place to deposit over $100,000 so he could trade cryptocurrencies – but he never expected that anyone but him would touch his funds, kicking...

The Protocol: Which Ethereum Layer-2 Project ISN’T Competing to Land Celo?


In this week’s issue of The Protocol, we highlight layoffs hitting key firms as well, and how blockchain projects are competing for new mandates – specifically big Ethereum layer-2 developers like OP Labs, Polygon and Matter Labs vying to provide the technology for the Celo blockchain’s new network

No Jury Yet, but We're Getting There


Sam Bankman-Fried had a grin on his face as he entered court on Tuesday morning – clad in a black suit and an uncharacteristically tame (read: closely trimmed) mop of hair. After nine long months, the disgraced crypto founder will finally have the chance to defend himself against a wide array...

The Collapse of FTX, in Sam’s Own Words


We may not know for weeks whether Sam Bankman-Fried will take the stand at his own trial. He may want the chance to explain himself to the jury, but his lawyers are surely wary of the withering cross-examination such a tactic would invite. No matter: the unconventional former crypto executive...

Sam Bankman-Fried Goes on Trial Tomorrow


It is officially trial week, everyone – or as Bloomberg’s Joe Weisenthal would likely put it, “this is why we get up in the morning.” It’s been exactly nine months and 20 days since Sam Bankman-Fried got arrested in his then-home in the Bahamas. Today marks the last day before he is set to start...

EnSam, Jury Questions and Another Denial for Bankman-Fried


In a rare display of candor – or as part of a calculated exercise in reputation management – Sam Bankman-Fried delved deep into his mental health struggles in a trove of unposted tweets obtained by CoinDesk’s Christine Lee and published for the first time on Friday. “I don’t really know what...

2 Small Wins For Sam Bankman-Fried


After multiple consecutive setbacks for the former FTX CEO and his defense team, Judge Lewis Kaplan seemed to have been in a slightly more generous mood yesterday

The Protocol: Google Pushes Deeper into Blockchain


Google's cloud-computing division is increasingly involved in blockchain, with plans to add 11 networks including Polygon, Optimism, and Polkadot to its 'BigQuery' program for public datasets

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