top news


Juridique

For Once, Sam Bankman-Fried's Lawyer Lands a Punch at FTX CEO's Criminal Trial

Under questioning from defense attorney Mark Cohen, a former FTX exec and government witness admitted to some hazy memories.

Former FTX exec Nishant Singh leaving court on Oct. 17 (Danny Nelson/CoinDesk)

Consensus Magazine

How African Students Became Victims of FTX’s Collapse

“We saw an exchange that was supposedly better than every other one we had used, so we let a lot of family and friends get involved with the FTX platform,” FTX Africa’s former education lead Pius Okedinachi told CoinDesk.

FTX Campus Meetup at the Petroleum Training Institute, Warri, Nigeria (FTX)

Juridique

Former Top FTX Executive Testifies He Knew $8B of Customer Money Was Missing

Nishad Singh, the latest member of Sam Bankman-Fried’s inner circle to testify, said his admiration for SBF turned to “shame” on discovering FTX execs enriched themselves with customer funds.

Nishad Singh, left, exits a federal courthouse after testifying on Oct. 16, 2023 (Nikhilesh De/CoinDesk)

Juridique

SBF Trial: Crypto Lender BlockFi Believed Alameda Was Solvent Given Balance Sheet It Was Shown, CEO Testifies

BlockFi lost “a little over a billion dollars” due to its involvement with FTX and Alameda Research, Zac Prince said.

BlockFi CEO Zac Prince (right) (Danny Nelson/CoinDesk)

Juridique

SBF Trial: Defense Counsel's Cross-Examination of Star Prosecution Witness Meandered

Mark Cohen bumbled at times, asking Caroline Ellison to repeat much of the same information she told prosecutors in testimony the day before.

Ex-Alameda CEO Caroline Ellison at the federal courthouse in Manhattan (Danny Nelson/CoinDesk)

Consensus Magazine

Hamas Has Raised Millions in Crypto Donations, WSJ Reports

But the amount is likely small compared to the volume raised in state-sponsor support.

Bodies of Hamas militants in body bags near the border with Gaza on October 11, 2023 (Alexi J. Rosenfeld/Getty Images)

Juridique

Chinese Bribes, Thai Prostitutes and an End to the Lies: Caroline Ellison’s Explosive Second Day of Testimony Against Sam Bankman-Fried

The former Alameda Research CEO wept on the witness stand during her second day of testimony in Sam Bankman-Fried's fraud trial.

Caroline Ellison, the government's star witness in their case against FTX founder Sam Bankman-Fried, leaving court on Tuesday, Oct. 11 following her first day of testimony. (Danny Nelson/CoinDesk)

Finance

JPMorgan Debuts Tokenized BlackRock Shares as Collateral with Barclays

BlackRock said tokenization of money market fund shares as collateral in clearing and margining transactions would dramatically reduce the operational friction in meeting margin calls.

JP Morgan office (Matthew Foulds/Unsplash)

Juridique

SBF's Lawyers Want to Ask Caroline Ellison About FTX's Anthropic AI Stake

Ellison, the former Alameda CEO, testified Tuesday that she was consulted on FTX's investment portfolio.

Caroline Ellison leaves the courthouse on Oct. 10, 2023 (Elizabeth Napolitano/CoinDesk)

Technologies

Israeli Crypto Firms Scramble to Deal With War, in Between the Sirens

Few operational disruptions were reported, but some crypto employees were getting called up for reserve duty. Executives and developers coped with the stress of attending funerals, responding to security warnings and encountering supermarket shortages.

Tel Aviv skyline. (Gilad Avidan/Creative Commons, modified by CoinDesk)