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FTX
FTX's 'Notoriously Opaque Business' Is Now 'Frowned Upon' in VC Sector, Dragonfly Managing Partner Says
Dragonfly managing partner Haseeb Qureshi weighs in on the state of crypto venture capital funding and due diligence after the collapse of FTX. "There was a baseline of trust, especially among western VCs, that has largely gone out of the window now," Qureshi said. "There's a perception that you need to double and triple-check everybody else's work."
Bitcoin Extends Decline for a Fifth Day; Reddit's Fortnite Token BRICK Surges
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the emotional testimony from former Alameda Research CEO Caroline Ellison in the trial against FTX founder Sam Bankman-Fried. New details emerge surrounding the 2022 FTX hack. And, Bricks (BRICK), the native token of Reddit's Fortnite community, surges.
The SBF Trial: Caroline Ellison Gears Up For Another Day of Testifying; JPMorgan's Blockchain Moves
"CoinDesk Daily" breaks down the biggest crypto headlines today, including the details of former Alameda Research CEO Caroline Ellison's testimony in the criminal trial against FTX founder Sam Bankman-Fried. The U.S. Securities and Exchange Commission (SEC) is getting new support in its legal case against Coinbase. And, JPMorgan debuts tokenized BlackRock shares as collateral with Barclays.
Sam Bankman-Fried Wanted to Close Alameda in 2022, Unpublished Posts Show
He had hoped to continue Alameda Research as an investment firm and infrastructure developer, but claimed in the posts that Alameda wouldn’t actively trade.
Defending the Indefensible? Sam Bankman-Fried’s Lawyers Deserve Better
The FTX founder's lawyers have been given no quarter by District Judge Lewis Kaplan, overseeing the case.
Ex-Alameda Research CEO Prepared to Take the Stand at SBF Trial; Hamas-Linked Crypto Accounts Frozen
"CoinDesk Daily" breaks down the biggest crypto headlines today, including what to expect during the fifth day of Sam Bankman-Fried's criminal trial as Caroline Ellison prepares to take the stand. Binance is reportedly helping Israeli police freeze cryptocurrency accounts linked to Palestinian militant group Hamas. Plus, a crypto markets update.
Star Witness Caroline Ellison Says Sam Bankman-Fried Directed Her to Commit Fraud
“I sent balance sheets at the direction of Sam [Bankman-Fried] that made Alameda’s balances look less risky to investors,” Ellison testified.
