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Sam Bankman-Fried Goes on Trial Tomorrow

It is officially trial week, everyone – or as Bloomberg’s Joe Weisenthal would likely put it, “this is why we get up in the morning.” It’s been exactly nine months and 20 days since Sam Bankman-Fried got arrested in his then-home in the Bahamas. Today marks the last day before he is set to start trial in which he will win back his freedom – or be locked up for what a federal judge says a “very long” time.

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Author: Helene Braun, Nikhilesh De

Crypto Investment Firm Deus X Capital Launches With $1B in Assets

Deus X Capital, a family office backed investment firm, launched today with Tim Grant as CEO, the company said in a statement.

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Author: Will Canny

Bankman-Fried Saw Missing FTX Billions as ‘Rounding Error,’ Biographer Says

Michael Lewis revealed management failings at crypto exchange FTX, and a billion-dollar plan to keep Trump out of office in an interview with CBS.

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Author: Jack Schickler

FTX’s Former Auditor Prager Metis Sued by SEC

The regulator alleged in a court filing that the firm had entered into contracts with clients that violated auditor independence rules.

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Author: Sandali Handagama

Bitcoin Surges Over $28K; Solana Leads Alts Gains as Crypto Bears Lose $94M

Short liquidations on crypto-tracked futures may have contributed to the rise in bitcoin and ether.

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Author: Shaurya Malwa

Coinbase Obtains Payment License in Singapore

Last week the company attained regulatory approval in Bermuda and registered with Spains central bank.

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Author: Camomile Shumba

FTX ‘Hacker’ Moved 15K ETH This Weekend

More than 15,000 ether (ETH) worth close to $26 million left a wallet associated with last year’s attack on FTX this weekend.

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Author: Nikhilesh De, Shaurya Malwa

FTX’s Bankman-Fried Cannot Blame Lawyers in Opening Statement: Judge

Sam Bankman-Fried cannot blame FTX’s lawyers for its collapse or operations in his opening statements, though he can still try and make a so-called “advice-of-counsel” defense later, the federal judge overseeing his case ruled Sunday.

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Author: Nikhilesh De

FTX Customers, Investors Will Testify Against Sam Bankman-Fried, DOJ Says

The U.S. Department of Justice said it intends to call FTX customers, investors and cooperating witnesses to testify against Sam Bankman-Fried at trial next week, including a Ukrainian local who would have difficulty getting to the courthouse in-person.

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Author: Nikhilesh De

Millions in Ether Tied to FTX Account Drainer on The Move

FTX was hacked in November 2022, hours after the global crypto empire declared bankruptcy and its founder Sam Bankman-Fried stepped down from running the company.

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Author: Shaurya Malwa, Nikhilesh De


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