JPEX Crypto Exchange Probe Sees 4 More Arrests: SCMP
Hong Kong and Macau authorities say they’ve detained people closely linked to the scandal linked to the crypto exchange, bringing total arrests to 18.
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EmSam, Jury Questions and Another Denial for Bankman-Fried
In a rare display of candor – or as part of a calculated exercise in reputation management – Sam Bankman-Fried delved deep into his mental health struggles in a trove of unposted tweets obtained by CoinDesk’s Christine Lee and published for the first time on Friday. “I don’t really know what ‘happiness’ means,” he said in one of the tweets, which he wrote just weeks after his crypto empire blew up last year, as he was facing down a tidal wave of public scorn.
Sam Bankman-Fried Almost Tweeted About His Depression, Drafts Show
FTX founder Sam Bankman-Fried has a right to shape the narrative around him, his lawyers argued during a court hearing last month. Unposted tweets obtained by CoinDesk suggest he may have been trying to craft a new image for himself since as soon as last December by discussing his mental health and prescribed medication.
We Asked New Yorkers if They’d Heard of Sam Bankman-Fried
To some, Sam Bankman-Fried’s impending trial is one of the biggest stories in recent news, but to many New Yorkers, the name does not strike a chord.
Bitcoin Traders Eye $28K; Solana, Cardano and Tellor Lead Altcoin Bump
Traders at Japanese exchange Bitbank said in a daily note that they expect bitcoin prices to move towards the $28,000 level, citing ETF optimism.
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.
Valkyrie Gets Approval to Start Buying ETH Futures For its Existing Bitcoin ETF
The fund’s new strategy to combine ether and bitcoin will be effective formally on Oct. 3.
U.S. House Bill Seeks Centralized Record of Off-Chain Crypto Transactions
It would be hard for a big exchange to repeat an FTX collapse if the firm’s internal flow of crypto assets was also reported to an outside repository that U.S. regulators could see. That’s the idea behind new legislation from Rep. Don Beyer (D-Va.) that would force exchanges to share the movement of digital assets now only recorded on their own ledgers.
Here’s the Sam Bankman-Fried Trial Schedule
Sam Bankman-Fried’s trial is scheduled to start on Oct. 3, but the actual opening arguments are projected to begin a day later, a newly released court trial calendar shows.
Bitcoin Tops $27K as Rates and Oil Retreat; Ether Outperforms on ETF Hopes
Cryptocurrency markets surged higher Thursday, with the price of bitcoin (BTC) breaking above the $27,000 level for the first time alongside easing macro pressures.