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FTX Founder Sam Bankman-Fried Will Likely 'Take the Stand,' Lawyer Predicts

Federal prosecutors have called the collapse of FTX "one of the biggest financial frauds in American history." And today, the founder of the crypto exchange, Sam Bankman-Fried, gets his day in court. Renato Mariotti, Bryan Cave Leighton Paisner LLP Partner, shares his perspective on the upcoming legal proceedings and why he anticipates Bankman-Fried will take the stand to defend himself. "I don't think his lawyers could possibly keep him from the stand," Mariotti added.

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How Are Crypto Traders Behaving After FTX Collapse?

Kaiko data indicates bankrupt crypto exchange FTX was processing nearly $100 billion in trade volume every month at its peak. Kaiko Director of Research Clara Medalie takes a look back at FTX's collapse as Sam Bankman-Fried's criminal trial begins today.

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Opinyon

Itinatapon ba ni Michael Lewis ang Kanyang Reputasyon upang Ipagtanggol si Sam Bankman-Fried?

Ang pinakabagong libro ng naghaharing manunulat sa pananalapi, "Going Infinite," ay isang saksing nakasaksi ng pagbagsak ng founder ng FTX, na sinabi ni Lewis na "hindi naiintindihan."

Michael Lewis (Danny Nelson/CoinDesk, modifed)

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'Big Short' Author Michael Lewis Weighs in on FTX Collapse Ahead of SBF Trial; Bitcoin Breaks Above $28K

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, as bitcoin (BTC) rose above $28,000 for the first time in a month after the U.S. avoided a government shutdown. Millions of dollars in Ether has been moved from a wallet tied to an apparent FTX exploit in 2022. And, author Michael Lewis speaks to CBS about FTX founder Sam Bankman-Fried's possible mindset ahead of his criminal trial.

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The SBF Trial: What to Expect

FTX founder Sam Bankman-Fried's trial is set to begin on Tuesday. CoinDesk's global policy and regulation managing editor Nikhilesh De discusses what to expect from the court house. Plus, 15,000 ether (ETH) sitting in a wallet associated with last year's $600 million attack on FTX's wallets have now moved through privacy tools and bridges.

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Policy

Ang Dating Auditor ng FTX na si Prager METIS ay Idinemanda ng SEC

Ang regulator ay diumano sa isang paghaharap sa korte na ang kumpanya ay pumasok sa mga kontrata sa mga kliyente na lumabag sa mga panuntunan sa kalayaan ng auditor.

FTX Trading LLC auditor Prager Metis hosted a metaverse office launch party in Decentraland in October 2022. (Prager Metis)

Technology

Milyun-milyon sa Ether ang Nakatali sa FTX 'Hacker' on The Move

Na-hack ang FTX noong Nobyembre 2022, ilang oras pagkatapos ideklara ng pandaigdigang Crypto empire ang pagkabangkarote at ang founder nitong si Sam Bankman-Fried ay huminto sa pagpapatakbo ng kumpanya.

Sam Bankman-Fried (Liz Napolitano/CoinDesk)

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The SBF Trial: Names You Should Know

Sam Bankman-Fried will head to court on Oct. 3, facing charges related to fraud and conspiracy. The FTX founder has pleaded not guilty and awaits his trial in jail. "CoinDesk Daily" host Jennifer Sanasie breaks down what former colleagues are set to testify against the 31-year-old who was once known as crypto's white knight.

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