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Policy

Sam Bankman-Fried to Testify at His Criminal Trial as Soon as Thursday

The FTX founder will directly appeal to jurors in his bid to prove he did not commit, or conspire to commit, fraud before his crypto juggernaut's spectacular collapse.

Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Policy

Sam Bankman-Fried Defense Has 6 Witnesses to Open With: DOJ

The DOJ filing did not name any of the potential defense witnesses, and it's still unclear whether Bankman-Fried himself will testify.

Sam Bankman-Fried (Nikhilesh De/CoinDesk)

Policy

Sam Bankman-Fried Proposes Financial Expert as Witness to Rebut DOJ Testimony

The defense intends to call Joseph Pimbley, a financial services expert and consultant, to testify about FTX's and Alameda's financials.

Sam Bankman-Fried outside court in July 2023. (Nikhilesh De/CoinDesk)

Markets

A Wild Few Minutes Drive Bitcoin Above $35,000 as ETF Excitement Starts to Thaw the Crypto Winter

BTC hasn't seen these lofty levels since May 2022, when the cryptocurrency industry was just starting to get pummeled by scandals.

(Clay Banks/Unsplash)

Policy

Sam Bankman-Fried's Lawyers, DOJ Propose Final Sets of Jury Instructions

The parties to the criminal fraud trial expect to wrap up witness testimony in the coming weeks.

FTX's Sam Bankman-Fried exiting a federal courthouse in New York last year. (Nikhilesh De/CoinDesk)

Policy

U.S. Sen. Warren Leads Lawmakers to Push Administration on Crypto-Backed Terrorism

In a letter to top U.S. security officials, 102 lawmakers demanded to know what the Treasury Department and others are doing to prevent the use of crypto to finance terrorism.

U.S. Sen. Elizabeth Warren (D-Mass.) and more than a hundred lawmaker colleagues from both parties are pushing the Biden administration to address crypto-backed terrorism. (Chip Somodevilla/Getty Images)

Policy

‘Oh, Yes’: Accounting Prof Says Sam Bankman-Fried’s FTX Definitely Mishandled Customers' Money

For starters, customer funds were behind a majority of FTX’s investment into Scaramucci’s SkyBridge Capital, Peter Easton testifies.

Sam Bankman-Fried, CEO, FTX and Christine Lee, Lead Anchor, CoinDesk

Policy

Crypto World Hopeful as California Chases BitLicense in Absence of U.S. Feds

The BitLicense axis between New York and California may draw in other jurisdictions as the states solidify their position as the only regulatory option for crypto businesses in the U.S.

Crypto insiders credit California Governor Gavin Newsom's administration as good listeners as they work on their own version of New York's BitLicense. (Mario Tama/Getty Images)

Policy

Sam Bankman-Fried Dined With Eric Adams at NYC Mayor’s Go-To Italian Restaurant

Erstwhile crypto titan and avowed vegan Sam Bankman-Fried was also scheduled to meet New York Gov. Kathy Hochul at The Capital Grille steakhouse, according to FBI trial testimony.

New York Mayor Eric Adams (Danny Nelson/CoinDesk)

Policy

Bahamian Prime Minister Asked Sam Bankman-Fried to Give His Son Advice on NFT Project

An email mentioning NFTs from Philip Davis was presented in court on Tuesday as part of prosecutors’ fraud case against the FTX founder.

Bahamian Prime Minister Philip Davis, right, meets Pope Francis (Vatican Media via Vatican Pool/Getty Images)