The Sam Bankman-Fried Trial: One Expert Witness
Bankman-Fried’s defense team has revealed its sole proposed expert witness, who’ll try to point out flaws in the DOJ’s presentations.
Bankman-Fried’s defense team has revealed its sole proposed expert witness, who’ll try to point out flaws in the DOJ’s presentations.
U.S. law “does not control the world,” said a court filing by the world’s biggest crypto exchange as the regulatory heat intensifies.
Total market capitalization rose 8% to reach levels not seen since mid-August.
Jonathan Farnell, who served as head of Binance U.K. and CEO of its payment service Bifinity – which was disbanded in August – left the firm in September.
The rising gas fees suggest increased network usage.
Newer opportunities have stalled Friend.Tech’s initial growth wave, and applications such as New Bitcoin City are quickly emerging as one of the biggest bets.
Traders on crypto exchanges Binance, Huobi and OKX were hit for $50 million each, suggesting a large amount of leverage used on those platforms.
As bitcoin pushes 12% during Asia trading, there are parallels to the first Gold ETF and beyond, say, industry stakeholders and analysts.
The defense intends to call Joseph Pimbley, a financial services expert and consultant, to testify about FTX’s and Alameda’s financials.
BTC hasn’t seen these lofty levels since May 2022, when the cryptocurrency industry was just starting to get pummeled by scandals.