Sam Bankman-Fried’s Post-Collapse Media Blitz Has Clearly Backfired
The FTX founder was grilled Monday by a prosecutor, who used the many words he said to journalists after his crypto company’s collapse against him.
The FTX founder was grilled Monday by a prosecutor, who used the many words he said to journalists after his crypto company’s collapse against him.
Ethereum has toppled Stellar as the top blockchain for tokenized government bonds while more recent entrants Solana and Polygon also grew.
The island nation cuts processing time for registration, provides immunity for DAOs using open-source software.
The foundation, formed in November 2022 after the initial developer StarkWare minted 10 billion STRK tokens, is now awarding early contributors to the Ethereum layer-2 network – even though they’re locked for trading at least until next April.
The stablecoin issuer filed for summary judgment, asking the judge to toss the regulator’s accusations that Do Kwon and his company engaged in a multi-billion-dollar securities fraud.
Ether-based funds continue to fall out of favor, with outflows for the year now totaling $125 million.
The latest proof of reserves shows that the exchange is 103% collateralized with bitcoin, ether, and USDT.
More than $35 million has been stolen in total, according to recent reports.
The token is set to be listed on Oct. 31 by Binance, Bybit and Kucoin.
Bankman-Fried began testifying in front of the jury on Friday.