Top 5 Events That Shook the Crypto Industry in 2023: Blackrock Spot Bitcoin ETF, Sam Bankman-Fried Fraud Conviction, CZ Resignation, XRP Ruling, Grayscale and Coinbase vs SEC

Top 5 Events That Shook the Crypto Industry in 2023: Blackrock Spot Bitcoin ETF, Sam Bankman-Fried Fraud Conviction, CZ Resignation, XRP Ruling, Grayscale and Coinbase vs SEC

Top 5 Events That Shook Up The Crypto Industry In 2023 In 2023, the crypto industry experienced significant events, including Blackrock’s application for a Spot Bitcoin ETF, founder Sam Bankman-Fried’s fraud conviction, CZ’s resignation from Binance, the XRP ruling in the SEC case, and Grayscale and Coinbase’s legal battles with the SEC. These events had … Read more

Sam Bankman-Fried prepares to testify as prosecutors conclude their case

Sam Bankman-Fried prepares to testify as prosecutors conclude their case

Prosecutors rest their case as Sam Bankman-Fried prepares to testify The United States Justice Department has rested its case against Sam “SBF” Bankman-Fried after more than three weeks of testimonies from expert witnesses. The last witness before the prosecution rested was FBI agent Mark Troiano, who testified on SBF’s involvement in over 300 groups on … Read more

Michael Lewis Sacrificing His Reputation to Defend Sam Bankman-Fried

Michael Lewis Sacrificing His Reputation to Defend Sam Bankman-Fried

Is Michael Lewis Trashing His Reputation to Defend Sam Bankman-Fried? Michael Lewis, renowned financial writer and author, has faced a significant backlash within the crypto community after a controversial “60 Minutes” interview promoting his latest book, “Going Infinite.” Lewis, previously celebrated for his insights into Wall Street and financial crimes, has been deemed persona non … Read more

Sam Bankman-Fried Scoops Help CoinDesk Win a Loeb Award

Sam Bankman-Fried Scoops Help CoinDesk Win a Loeb Award

This content discusses a series of stories published by CoinDesk related to Sam Bankman-Fried, the founder of Alameda Research and FTX crypto exchange. The centerpiece article raised concerns about the stability of Alameda Research and questioned the safety of FTX. Other stories highlighted the unconventional living arrangements of Bankman-Fried’s close associates, reported on a major … Read more

Sam Bankman-Fried Blames Everyone but Himself for FTX’s Collapse

Sam Bankman-Fried Blames Everyone but Himself for FTX’s Collapse

The content highlights that Bankman-Fried, the founder of crypto exchange FTX, refuses to acknowledge or take responsibility for the $8 billion loss and the impact on people’s life savings. He seems oblivious to the possibility of facing jail time for his actions. Interestingly, his main remorse appears to be focused on his tarnished public image, … Read more

Sam Bankman-Fried’s Defense Renews Push for ‘Temporary Release’ Ahead of October Trial

Sam Bankman-Fried, the founder of cryptocurrency trading firm FTX, is seeking a temporary release ahead of his scheduled October trial on charges related to market manipulation. Bankman-Fried's defense team has recently renewed their push for his temporary release, citing concerns over his deteriorating mental health and the potential impact it may have on his ability to effectively participate in his defense.

Defense attorney Christian Everdell stated in a letter that they believe only temporary release will properly address the problems and protect Mr. Bankman-Fried’s right to participate in his own defense. They requested the court to reconsider its decision and require the Marshals to bring Mr. Bankman-Fried to a specific location five days a week, where … Read more