FTX
Sam Bankman-Fried's Legal Developments; Bitgo Releases Security Features Aimed at Bitcoin Ordinals
FTX founder and former CEO Sam Bankman-Fried pleaded not guilty to charges of attempted bribery and campaign finance violations during a court appearance. Plus, custody provider BitGo releases security features designed to protect owners of Bitcoin Ordinals Inscriptions, which allow people to inscribe text, images and even videos directly on the Bitcoin blockchain.
Crypto Hardware Wallet Maker Ledger Raises Over $100M in New Funding Round: Report
Ledger has raised most of a 100 million euros ($109 million) funding round at a valuation of 1.3 billion euros ($1.4 billion), the company told Bloomberg. Media outlets first reported on a potential new round last August. “The Hash” team discusses the importance of Ledger and the timing of this raise post-FTX collapse and the CFTC's recent lawsuit against Binance.
Crypto Derivatives Exchange Bitget Sees 'All-Time High' Trading Volumes After FTX's Collapse
After FTX, we saw "an all-time high in our trade volumes, as well as new registered users," said Gracy Chen, Managing Director for Seychelles-based crypto derivatives exchange Bitget. Plus, Chen discusses the exchange's license application in Hong Kong.
Sam Bankman-Fried to Plead Not Guilty to Bribery, Campaign Finance Charges: Reuters
FTX founder Sam Bankman-Fried will plead not guilty on charges of trying to evade campaign financing laws and attempting to bribe one or more Chinese government officials, according to a Reuters report. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De weighs in. Separately, OKX says it has identified $157 million in digital assets belonging to FTX and Alameda Research and is turning them over to the bankruptcy estate for the former companies.
Bitcoin Spikes Above $28K; SBF’s Attorney Fees Paid by His Father With Gifted Alameda Funds: Forbes
Bitcoin (BTC) is jumping above the $28,000 level and is on track for its best quarter in two years. Separately, a new report from Forbes states that FTX founder Sam Bankman-Fried's father, Joseph Bankman, has been paying his son's legal fees with money borrowed from FTX’s sister company.
Brian Laverdure: Time For Regulations
Crypto and blockchain have seen everything this year. From the start with its all-time highs and its role in the Ukraine War to the year ending with the debacles of Terra Luna and the mess left by FTX and much more. These instances have left the industry edging more towards the importance of security and regulations in the space. We spoke with the Independent Community Bankers of America's Brian Laverdure to learn more about developments in crypto asset regulation and how they might help the industry rebound.
Sam Bankman-Fried Facing Charge of Allegedly Bribing Chinese Officials
U.S. prosecutors unveiled a new indictment against FTX crypto exchange founder Sam Bankman-Fried Tuesday, adding a bribery charge to the 12 other charges he already faces. Braden Perry, Kennyhertz Perry Partner and former CFTC senior trial lawyer, discusses his reaction and the wider implications for the crypto industry.
U.S. Prosecutors Unveil New Indictment Against Sam Bankman-Fried
U.S. prosecutors unveiled a new indictment against FTX founder Sam Bankman-Fried on Wednesday, adding a bribery charge to the 12 other charges he already faced. Separately, a federal judge paused Voyager's efforts to sell its assets to Binance.US on the same day the CFTC sued crypto exchange Binance alleging "willful evasion" of the U.S. law. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the latest details in the world of crypto regulation.
Le fondateur de Three Arrows Capital parle de sa nouvelle bourse de Crypto en faillite
Kyle Davies, qui a créé OPNX avec le partenaire de 3AC, Su Zhu, a parlé à CoinDesk de leur nouvelle entreprise, créée après avoir perdu 2,5 milliards de dollars de clients de fonds spéculatifs.
Earlier Red Flags and Warnings About Sam Bankman-Fried
According to Time, leaders of the Effective Altruism movement were repeatedly warned of Sam Bankman-Fried's role as CEO of Alameda Research beginning in 2018. Meanwhile, FTX's new management team said the crypto exchange transferred $2.2 billion to Bankman-Fried through various entities. "The Hash" panel discusses the latest in the fall of SBF's crypto empire and the early red flags.