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BlockFi Challenges FTX, Three Arrows in Legal Dispute Over Repayments


Bankrupt crypto lender BlockFi is trying to block efforts from FTX and Three Arrows Capital (3AC) to recover billions of dollars transacted between the firms before they collapsed last year. In a Monday court filing, BlockFi accused FTX and Three Arrows Capital of victimizing the company...

Defi TVL Dips Below $40B Amidst Market Turbulence and Shrinking Confidence


After remaining above $40 billion for much of 2023, the total value locked in decentralized finance, or defi, fell below the threshold on August 17, reaching $37.9 billion by August 22. Additionally, from August 13, the top 100 DeFi tokens have decreased by $1.74 billion in value over nine days....

Sam Bankman-Fried Pleads Not Guilty to Latest Fraud and Conspiracy Charges


FTX founder Sam Bankman-Fried has entered a not guilty plea in Manhattan federal court in response to a new indictment that alleges charges of fraud and conspiracy.  This marks Bankman-Fried's first appearance in court since he was sent to jail following his bail revocation by U.S. District Judge...

Bankman-Fried Wants to See His Lawyers Outside Jail Five Days a Week


FTX founder Sam Bankman-Fried (SBF) is asking to be released from jail five days a week to work on his defense for the fraud trial against him set to begin in October. On Friday, Bankman-Fried’s lawyers complained to a judge in Manhattan that the currently proposed preparation time and regime...

FTX Co-Founder Sam Bankman-Fried Appeals for Temporary Jail Release


FTX co-founder Sam Bankman-Fried is seeking temporary release from jail in order to work on his defense with his lawyers at the federal courthouse in Manhattan.  On Friday, Bankman-Fried's lawyers sent a letter to US District Judge Lewis Kaplan, stating that their client was unable to adequately...

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