Ripple Is on a Winning Streak (but the Game Isn’t Yet Won)
Ripple CEO Brad Garlinghouse said the SEC’s personal lawsuit against him and another Ripple executive was politically motivated, in a social media post. (Scott Moore/Shutterstock/CoinDesk)
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Ripple CEO Brad Garlinghouse said the SEC’s personal lawsuit against him and another Ripple executive was politically motivated, in a social media post. (Scott Moore/Shutterstock/CoinDesk)
It’s fall break! Thursday ended early after just two witnesses – former FTX General Counsel Can Sun and Third Point’s Robert Boroujerdi – testified briefly. We won’t be back in the courthouse at 500 Pearl Street until next Thursday, Oct. 26, when we’ll resume our normal analyses. Instead, today, CoinDesk’s SBF trial team is proud to present: Our favorite quotes.
DCG CEO Barry Silbert has a credible claim his subsidiary lending firm was lied to by Sam Bankman-Fried, as New York’s attorney general accuses Genesis of lying to the public. (Kevin Moloney/Fortune Brainstorm TECH/Flickr, modified by CoinDesk)
We’ve entered the soul-sucking phase of Sam Bankman-Fried’s month-long criminal trial. The part where an antsy Judge Lewis Kaplan paces and glares – and then lashes out at prosecutors (and also defense lawyers) for wasting everyone’s time.
Fake news of SEC approval for a spot Bitcoin ETF sent markets higher. Why are traders so obsessed with this new product?
(MIT Bitcoin Club/Wikimedia Commons, modified by CoinDesk)
ZeroSync’s Robin Linus has ignited excitement in the Bitcoin community by introducing the “BitVM” paper, proposing a straightforward method for incorporating smart contracts into the original blockchain, a feature predominantly associated with Ethereum and its numerous derivatives.
(CoinDesk, modified)
It could take six weeks for prosecutors to make their case against Sam Bankman-Fried. But only three days were needed for the judge overseeing his trial to lose patience with the former crypto chief’s defense team.
In this week’s issue of The Protocol, we highlight layoffs hitting key firms as well, and how blockchain projects are competing for new mandates – specifically big Ethereum layer-2 developers like OP Labs, Polygon and Matter Labs vying to provide the technology for the Celo blockchain’s new network