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Bankman-Fried Lawyers Seek Client’s Temporary Release for Trial Prep


Sam Bankman-Fried’s high-powered legal team is pushing for the FTX founder’s temporary release from jail ahead of his October trial on fraud charges. In a motion filed Thursday, lawyers Mark Cohen and Christian Everdell claim Bankman-Fried’s Sixth Amendment rights are being...

Valkyrie Funds Looks to Launch Ethereum Strategy ETF


Asset management firm Valkyrie Funds has filed for an Ethereum Strategy exchange-traded fund (ETF) that will invest in Ether futures. According to a Wednesday filing with the Securities and Exchange Commission, the new fund, called the Valkyrie Ethereum Strategy ETF, aims to capitalize on...

HEX Plummets Over 40% After SEC Files Lawsuit Against Creator Richard Heart


After the U.S. Securities and Exchange Commission filed a lawsuit against Richard Heart and his companies Hex, Pulsechain and Pulsex, the crypto asset hex (HEX) has been in a free fall. Two-week statistics show HEX has lost 41.7% against the U.S. dollar and 35.8% over the past seven days. Uniswap...

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