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Showing posts from October, 2023

Sam’s last stand: Bankman-Fried jury weighs duelling accounts of FTX’s downfall

Former crypto tycoon will soon learn whether he was able to successfully counter his former colleagues’ testimony from Cryptofinance https://ift.tt/roH8U31

Bitcoin: trial of SBF is no match for ETF enthusiasm 

But without an infusion of new money, the latest price rally is unsustainable from Cryptofinance https://ift.tt/zq1Qvkl

Bankman-Fried grilled on public statements about FTX ahead of its collapse

Former crypto tycoon is cross-examined by prosecutors in criminal trial from Cryptofinance https://ift.tt/PmF3gK6

UK pushes ahead with plans to regulate crypto market

Ministers seek to strengthen oversight of stablecoins, bringing rules in line with traditional financial services from Cryptofinance https://ift.tt/uKgZOpi

FTX’s Sam Bankman-Fried admits ‘mistakes’ while running crypto empire

Former billionaire denies intending to defraud customers in testimony to the jury in his own defence at trial from Cryptofinance https://ift.tt/uONxSpQ

CryptoFinance: Cultures clash as bitcoin ETF turns rebellion into money

Plus, updates on Sam Bankman-Fried’s trial in New York from Cryptofinance https://ift.tt/TfCxwYs

Imaginary bitcoin ETFs are already 30 times more valuable than all the actual bitcoin ETFs

Attention cryptonomics, charted from Cryptofinance https://ift.tt/It39Eac

FTX founder Sam Bankman-Fried set to testify in criminal trial

Former crypto tycoon is expected to take the stand in his own defence after prosecution rests on Thursday from Cryptofinance https://ift.tt/syuV1F9

Sam Bankman-Fried to take witness stand in his own defence

FTX crypto exchange founder to face jurors in his New York fraud trial from Cryptofinance https://ift.tt/DJts9hV

Can Sam Bankman-Fried argue his way out of trouble?

After days of prosecution evidence, including testimony from erstwhile colleagues and friends, some legal experts think the former FTX boss will now have to take the stand from Cryptofinance https://ift.tt/e6aS78N

Bitcoin rises to 17-month high as ETF optimism soars

Digital currency recoups all of losses sustained after collapse of Terra stablecoin from Cryptofinance https://ift.tt/Y3LOpDV

What are digital bonds and how are they issued?

The European Investment Bank is one of the institutions leading the way with four such offerings so far from Cryptofinance https://ift.tt/hm2TXND

I read Andreessen’s ‘techno-optimist manifesto’ so you don’t have to

Unrestrained technological ‘accelerationism’ is a bad idea from Cryptofinance https://ift.tt/e7KaUk2

The emotional toll of FTX’s collapse

Plus, bitcoin’s flirt with the promised land of ETFs from Cryptofinance https://ift.tt/dkOagr0

US steps up crackdown on illicit activity in crypto markets

Treasury aims to inject more transparency into opaque ‘crypto mixing’ services following Hamas attack on Israel from Cryptofinance https://ift.tt/7d1pqe4

FTX trial update

As the prosecution winds up the case against Sam Bankman-Fried, what will the defence offer? from Cryptofinance https://ift.tt/J0ExUcq

FTX boss sought ‘legal justifications’ for diverted billions, court told

Former general counsel testifies in Sam Bankman-Fried trial that crypto exchange had no right to spend customer funds from Cryptofinance https://ift.tt/ZbE5SkY

New York sues DCG, Gemini and Genesis over alleged $1.1bn crypto fraud

More than 230,000 investors were lied to over safety of cryptocurrency investments, says lawsuit from Cryptofinance https://ift.tt/kOJ154n

The fake hitman, the crypto king and a wild revenge plan gone bad

Kobus Steyn thought he’d found a whale of a client. Then his assignment turned from make-work to murder from Cryptofinance https://ift.tt/hHob0Rx

US targets Hamas financial network with sanctions after Israel attack

Treasury takes action against nine individuals and virtual currency exchange Buy Cash from Cryptofinance https://ift.tt/3QvJwhm

‘Crack down on Binance’: Bankman-Fried trial illuminates crypto rivalry

Court hears former FTX boss sought regulatory action against Changpeng Zhao’s trading platform from Cryptofinance https://ift.tt/wNv4sgb

Bankman-Fried’s lawyer rebuts claims of frivolous FTX spending

Value of crypto exchange’s deals broached during cross-examination of co-operating witness Nishad Singh in fraud trial from Cryptofinance https://ift.tt/qdJHtYV

Israel orders freeze on crypto accounts in bid to block funding for Hamas

Authorities close more than 100 accounts on Binance as appeals for donations appear on social media platforms from Cryptofinance https://ift.tt/M2yFA8a

Former FTX deputy recalls ‘humiliating’ treatment by Sam Bankman-Fried

Nishad Singh is final co-operating witness in New York fraud trial of ex-crypto billionaire from Cryptofinance https://ift.tt/jUgnKEr

Binance stops accepting new UK customers after regulatory crackdown

Crypto exchange makes move after watchdog blocked company’s plan to market itself to British consumers from Cryptofinance https://ift.tt/8DGyb4s

Fight to launch spot bitcoin ETF in the US passes another hurdle

Reaction to SEC’s decision not to appeal against Grayscale ruling suggests investors think approval looks more likely from Cryptofinance https://ift.tt/Gn8ChaQ

Bonus: Michael Lewis on FTX & Sam Bankman-Fried

Hear a live recording from the FT Due Diligence Forum from Cryptofinance https://ift.tt/IAaGTKW

City minister presses UK regulator to show restraint on new crypto rules

Griffith calls on FCA to show ‘forbearance’ over tougher standards in advertising digital coins from Cryptofinance https://ift.tt/Rz5sFD4

Caroline Ellison steps out of Bankman-Fried’s shadow in star witness turn

FTX founder’s close colleague and one-time girlfriend gives her testimony of the former crypto tycoon’s rise and fall from Cryptofinance https://ift.tt/GVtJx7O

SBF’s biggest threat: his FT-eX

UK regulators bring the hammer down on Jes Staley over Epstein ties and Apollo nears a UK deal from Cryptofinance https://ift.tt/ek4aj8m

‘That seems pretty bad’: Bankman-Fried jury hears tape from Alameda’s final days

Caroline Ellison told staff at meeting in Hong Kong office that the FTX founder authorised raid on exchange customers’ money from Cryptofinance https://ift.tt/sl62j5n

Bankman-Fried requested ‘alternative’ balance sheets for Alameda, ex-CEO testifies

FTX founder’s former colleague Caroline Ellison also details alleged bribes paid to unfreeze crypto assets in China from Cryptofinance https://ift.tt/gaOwH9A

Binance’s UK marketing push halted by regulator

FCA adds exchange’s local partner to list of firms barred from promoting crypto services from Cryptofinance https://ift.tt/Y75jmdN

The SBF trial is a reminder that crypto is a rotten business

Financial nihilism has produced this game of Monopoly money from Cryptofinance https://ift.tt/Cy4DvZc

‘FTX was not fine’: How Sam Bankman-Fried’s tweets became central to his trial

Prosecutors aim to show former crypto billionaire lied to the world while members of his inner circle knew the truth from Cryptofinance https://ift.tt/QoDJtvl

FTX co-founder says Bankman-Fried firm was ‘taking customers’ money’ for years

Gary Wang, who was part of the crypto exchange founder’s inner circle, testifies at fraud trial from Cryptofinance https://ift.tt/il2WJ7I

Many people longed to believe in Sam Bankman-Fried

There can be a thin line between an entrepreneur weaving a fantastic vision and financial fraud from Cryptofinance https://ift.tt/BhGgv5r

Bankman-Fried knew FTX wasn’t ‘bulletproof’ months before collapse

Adam Yedidia testifies about conversation with former housemate and employer six months before exchange’s bankruptcy from Cryptofinance https://ift.tt/edtGSJa

Bankman-Fried committed ‘fraud on a massive scale’, prosecutors allege

Opening arguments begin in FTX founder’s closely watched criminal case from Cryptofinance https://ift.tt/Rok5P86

Bankman-Fried sues US insurer over legal bills

FTX founder seeks payout from CNA as trial gets under way in New York from Cryptofinance https://ift.tt/Q4RxMdE

Ether futures ETFs fizzle on US debut

The nine ETFs saw combined trading volume of $6.6mn on Monday — attracting only a fraction of BITO’s $1bn initial haul from Cryptofinance https://ift.tt/PEN8aOT

Who’s who at FTX founder Sam Bankman-Fried’s fraud trial

Crypto pioneer’s inner circle, a long-tenured judge and Ghislaine Maxwell’s former lawyers among the central players from Cryptofinance https://ift.tt/9Im8fKk

Sam Bankman-Fried prepares for the fight of his life in US trial

One-time poster child of crypto faces a legal reckoning in proceedings that will lay bare the collapse of his FTX empire from Cryptofinance https://ift.tt/DqizBAe