Sam Bankman-Fried Trial Kicks Off; Jury Should Be Seated by Wednesday
A prospective juror said she was flying to Maui for six months. “You’re a courageous soul,” the judge quipped.
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There’s a Lot of Thefts Happening
Regulators don’t need more excuses to look suspiciously at the crypto industry, but a recent wave of hacks and thefts provide one anyway.
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The Collapse of FTX, in Sam’s Own Words
As we prepare to hear from the DOJ and Sam Bankman-Fried, here’s what the former crypto executive had to say about FTX’s collapse last year.
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Fed Report: Silvergate Bank Got Fatally Ensnared in Crypto While Examiners Shrugged
The Federal Reserve’s inspector general studied the bank’s collapse and concluded the Fed’s examiners failed to quickly flag its problems and managers were “ineffective.”
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Sam Bankman-Fried Almost Tweeted About His Depression, Drafts Show
“I don’t really know what ‘happiness’ means”: FTX founder would have defended himself against the internet.
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Sam Bankman-Fried Scoops Help CoinDesk Win Major Journalism Award
FTX, an industry titan, ended up in bankruptcy court nine days after a November 2022 scoop from CoinDesk’s Ian Allison.
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Ripple Cancels Plan to Buy Fortress Trust
“While this outcome is different from what was originally planned, we’ll continue to support them and hope to work together in the future,” said Ripple CEO Brad Garlinghouse.
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Sam Bankman-Fried Can Grill Former FTX Insiders on Drug Use in Court
While Bankman-Fried’s lawyers tried again to get him out of jail just days ahead of his trial, the judge overseeing the case inched closer to resolving some outstanding issues.
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BEN Token Plunges 30% as Crypto Influencer Ben Armstrong Apparently Arrested
Armstrong has had an apparent fallout with his former business partners, several tweets suggest.
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First Mover Americas: Bitcoin Vapid; Toncoin Leads Weekly Gains
The latest price moves in crypto markets in context for Sept. 22, 2023.