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SBF Testifies FTX had no Risk Management Team, Denies Defrauding Anyone: “A lot of people got hurt”
27.10.2023
Bankman-Fried began his formal testimony in front of the jury shortly before 10 a.m. this morning in his landmark fraud case. It comes after his “dry-run” in front of Judge Kaplan yesterday afternoon following disputes between the prosecution and defense over what the defendant could...
Prosecutors Probe Sam Bankman-Fried’s Memory in FTX Case Without Jury
27.10.2023
Federal prosecutors questioned Sam Bankman-Fried in an ongoing hearing on Wednesday about his message deletion practices and the alleged use of customer funds while he was CEO of now-bankrupt crypto exchange FTX. FTX Founder Faces Intensive Cross-Examination by Prosecutors in Ongoing Trial...
Prosegur to Build Secure Crypto Bunker in Brazil
27.10.2023
Prosegur, a Spain-based security company, will build a secure bunker to offer custody services for institutional crypto users in Brazil. The bunker, to be located in Sao Paolo, will be monitored 24 hours a day and will apply various defensive measures in case of an invasion by attackers. Prosegur...
Prosecution Rests Case, SBF to Testify this Afternoon
26.10.2023
  Bankman-Fried’s decision to testify comes after a number of his former close associates took the stand against him. Former Alameda Research CEO Caroline Ellison, FTX co-founder, Gary Wang, and head of engineering for FTX Nishad Singh, largely deflected responsibility back...
Prosecutors rest their case as Sam Bankman-Fried prepares to testify
26.10.2023
Defense lawyers representing SBF called two witnesses, a Bahamas-based attorney and an expert from a litigation consulting firm, before the former FTX CEO’s testimony
Hashing It Out: A case for Web3 social media, and is Friend.tech a security?
26.10.2023
CyberConnect co-founder Ryan Li believes that creators who want their content to live forever will ditch Web2 social media platforms for Web3 alternatives
Will Sam Bankman-Fried fix his case when he takes the stand?
25.10.2023
The former FTX CEO will take the stand in his own defense. Will it be enough to counter the narrative introduced by former employees and expert witnesses?
Former FTX Boss Sam Bankman-Fried to Testify on Thursday in High-Stakes Trial
25.10.2023
Ex-FTX chief Sam Bankman-Fried is slated to make his case directly to the jury in his ongoing trial, as shared by his defense lawyer, Mark Cohen. Bankman-Fried’s decision to testify comes on the heels of several witnesses who have spoken against him in recent weeks. Facing Accusations:...
Grayscale Court Victory Over SEC in Spot Bitcoin ETF Case Made Final
23.10.2023
The SEC failed to appeal the court's initial ruling in favor of Grayscale
Former ConsenSys AG Employees Take Equity Court Case Against Founder Joseph Lubin to U.S.
20.10.2023
The 27 allege Lubin robbed them of equity in the Swiss company by transferring core assets to a U.S. entity
Community reacts to SEC dropping XRP case and LBRY shutdown
20.10.2023
While celebrating a new court win in Ripple’s legal battle with the SEC, the community mourns the demise of LBRY, which some say was “regulated to oblivion.”
Prosecutors argue 'effective altruism' inadequate in Bankman-Fried case
20.10.2023
Bankman-Fried's legal counsel asserted that this argument lacks relevance and does not absolve the fraud allegations
Elon Musk, Mark Cuban Back Supreme Court Case Against SEC
20.10.2023
Tesla CEO Elon Musk and Dallas Mavericks owner Mark Cuban have jointly filed an amicus brief backing the defendants in a Supreme Court case against the U.S. Securities and Exchange Commission (SEC). “It is important that the SEC not be permitted to pick and choose whether parties are granted...
Grayscale ETF Case's Final Word Coming in Federal Court as SEC Loss Formalized
19.10.2023
Grayscale Investments is waiting for a federal court tomorrow or soon after to formalize the defeat it handed the U.S. Securities and Exchange Commission (SEC) two months ago in the parties’ dispute over a spot bitcoin exchange traded fund (ETF). That federal court action will close the case...
The investment case for Arbitrum, Polkadot, and VC Spectra: What’s driving investor interest
19.10.2023
Investors are eagerly eyeing three promising blockchain projects: Arbitrum (ARB), Polkadot (DOT), and VC Spectra (SPCT). With Arbitrum’s $50 million allocation, Polkadot’s decentralization strategy, and VC Spectra’s decentralized hedge fund model, these investments present...
Judge Kaplan's Ire Hits All Lawyers in the Sam Bankman-Fried Case
19.10.2023
We’ve entered the soul-sucking phase of Sam Bankman-Fried’s month-long criminal trial. The part where an antsy Judge Lewis Kaplan paces and glares – and then lashes out at prosecutors (and also defense lawyers) for wasting everyone’s time
Do Kwon’s SEC Case May Hinge on Role of Jump Trading, Court Documents Show
19.10.2023
Kwon has been accused of misleading investors about the terraUSD stablecoin, whose 2022 collapse ricocheted around the crypto world
Fed Governor Questions Need for US Central Bank Digital Currency
18.10.2023
A top Federal Reserve official said Tuesday she has yet to be convinced there is a need for the U.S. central bank to develop a digital currency. Fed Governor Remains Unconvinced on U.S. CBDC, Cites Existing Innovations and Risks In a discourse at Harvard Law School, Fed Governor Michelle Bowman...
LIVE: Former Top FTX Executive Nishad Singh Takes Stand in Case Against Sam Bankman-Fried
16.10.2023
Former FTX engineering head Nishad Singh, another member of the company's inner circle, took the stand early Monday to testify against his former boss and friend
Dollar vs. Bitcoin Clash: Experts Flex Opposing Views; SBF Trial Update — Week in Review
15.10.2023
Berkshire Hathaway’s Charlie Munger says most crypto is going to zero, while a Jefferies analyst says bitcoin is actually set to thrive in the case of a dollar collapse. Meanwhile, American economist Jeffrey Sachs says central bank digital currencies (CBDCs) are the real money of the near...