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The Crypto Industry Responded to the IRS Proposed Broker Rule


The U.S. Treasury Department and IRS are poised to bring fresh crypto tax reporting rules into effect. The crypto industry largely seems opposed – the majority of comments I read urged caution or raised concerns about the proposal as written while only a relative few seemed to support it

The Case Against Sam Bankman-Fried


Is Sam Bankman-Fried going to prison? Five weeks into his criminal trial, 12 randomly selected New Yorkers are preparing to discuss among themselves whether they believe he violated federal law or not

Sam Bankman-Fried Needs Better Answers on the Stand


There was a moment on Monday where an assistant U.S. attorney needed to ask FTX founder Sam Bankman-Fried if he was the chairman and sole board member of Alameda Research, while showing him a document that he signed, which literally identified him as the chairman and sole board member. And Sam's...

Bankman-Fried Had a Hairy Day in Court


An observation from sleep-deprived day 15 of Sam Bankman-Fried’s criminal trial: prosecutors embrace the inevitable outcome of male pattern baldness; defense lawyers don’t

Sam Bankman-Fried Implied His Friends Lied About His Role in FTX's Collapse


Sam didn't do it. He didn't defraud anyone, he didn't steal customer funds – he just built a company which "turned out basically the opposite" of the product he envisioned when he founded FTX: "A lot of people got hurt – customers, employees – and the company ended up in bankruptcy." At least...

What's Left for Sam to Say?


Sam Bankman-Fried has said a lot in the months after FTX collapsed about what happened. What's left for him to discuss?

Catching Up on a Lot of Stuff


I poked my head out of the Sam Bankman-Fried trial just long enough for my entire panel of House lawmakers at CoinDesk's policy event in Washington, D.C. to cancel, leading to a very impromptu session instead. Unfortunately that's not enough time to really dig into any of the things that's happened...

All of a Sudden, It’s All About Bitcoin


There’s a lot of activity happening in Bitcoin tech development – with innovations that might help the original and oldest blockchain to catch up with the boom of projects building in the Ethereum ecosystem

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