Sam Bankman-Fried Testifies: What Will He Reveal Under Oath About FTX’s Collapse?
Sam Bankman-Fried has said a lot in the months after FTX collapsed about what happened. What’s left for him to discuss?
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Sam Bankman-Fried has said a lot in the months after FTX collapsed about what happened. What’s left for him to discuss?
I poked my head out of the Sam Bankman-Fried trial just long enough for my entire panel of House lawmakers at CoinDesk’s policy event in Washington, D.C. to cancel, leading to a very impromptu session instead. Unfortunately that’s not enough time to really dig into any of the things that’s happened over the past month so here’s a brief list of things I missed instead.
If his trial were going better, the fallen crypto king wouldn’t be testifying in his own defense.
There’s a lot of activity happening in Bitcoin tech development – with innovations that might help the original and oldest blockchain to catch up with the boom of projects building in the Ethereum ecosystem.
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)