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No Jury Yet, but We're Getting There

4.10.2023
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

3.10.2023
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

2.10.2023
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

29.9.2023
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

28.9.2023
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

27.9.2023
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

Sam Bankman-Fried Sort of Had a Rough Day

22.9.2023
Yesterday was arguably not a great day for Sam Bankman-Fried. First, the judge overseeing his case rejected all seven of his proposed expert witnesses*, questioning at least one’s qualifications and saying some others really wouldn’t be relevant to the case

Here’s How FTX Founder Sam Bankman-Fried’s Trial May Play Out

21.9.2023
FTX founder and onetime CEO Sam Bankman-Fried will stand trial in just under two weeks to defend himself against allegations he deliberately committed fraud and conspired to defraud crypto investors and customers in FTX and Alameda Research. CoinDesk spoke to several legal experts about how...

The Protocol: Ethereum Struggles With Sprawl as Optimism Airdrops $27M

20.9.2023
Last week marked the one-year anniversary of Ethereum’s historic “Merge” – the shift to a more energy-efficient proof-of-stake network. But in some ways the largest smart-contract blockchain has become a victim of its own success: Staking is so popular that the number of network validators...

Breaking Down the Infamous Alameda Balance Sheet

20.9.2023
The infamous balance sheet of Sam Bankman-Fried’s trading firm, Alameda Research, served as the basis for a Nov. 2, 2022, story by CoinDesk’s Ian Allison. The article raised questions about how sturdy the company’s financial underpinnings were – and, by extension, how safe Bankman-Fried’s...

Crypto Wants a De Minimis Tax Exemption in the U.S.

19.9.2023
The leaders of the Senate Finance Committee, Sens. Ron Wyden (D-Ore.) and Mike Crapo (R-Idaho) published an open letter in July asking the crypto industry to weigh in on crypto tax issues, including loans, staking, mining, constructive sales and wash trading. These comments were due earlier this...

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