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?
Policy
Sam Bankman-Fried May Testify to Role of Lawyers, ‘Good Faith’ Efforts, Filing Says
In a series of filings throughout Thursday, the Department of Justice and Sam Bankman-Fried’s defense crossed swords on issues ranging from charts the defendant wants to use in his testimony to an ongoing question of whether the defense can rely on a presence of counsel argument.
Catching Up on a Lot of Stuff
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.
Lesser-known Johnson Wins Speaker Job as Crypto-focused Lawmakers Return to Old Roles
After several failed attempts, Republicans in the U.S. House of Representatives dug deep into their roster to elevate a less prominent and less controversial lawmaker, Rep. Mike Johnson (R-La.), as the new Speaker of the House.
SEC’s Gensler Won’t Say What’s Next With Bitcoin ETFs After Grayscale Loss
SEC Chair Gary Gensler in Washington on Oct. 25, 2023 (Jesse Hamilton/CoinDesk)
Coinbase Says SEC is Attempting to ‘Redefine Definition of an Investment Contract’
Coinbase argues in a new filing that the Securities and Exchange Commission is attempting to control all investment activity and define its own regulatory ambit.
Sam Bankman-Fried Defense Has 6 Witnesses to Open With: DOJ
Sam Bankman-Fried (Nikhilesh De/CoinDesk)
Crypto-Fan Tom Emmer’s Rise and Fall in the U.S. House Speaker Race Was Extremely Quick
Rep. Tom Emmer, the No. 3 in U.S. House leadership, has been Mr. Crypto on Capitol Hill, so his brush with the speaker nomination gave a jolt of hope to the industry.
Despite U.S. House Gridlock, Senator Gillibrand Bullish on Stablecoin Bill, Illicit Finance Legislation
Even as the U.S. House of Representatives is paralyzed by a Republican leadership drama, U.S. Sens. Kirsten Gillibrand (D-N.Y.) and Cynthia Lummis (R-Wyo.) are still pressing to get crypto legislative through.
Sam Bankman-Fried Proposes Financial Expert as Witness to Rebut DOJ Testimony
Sam Bankman-Fried outside court in July 2023. (Nikhilesh De/CoinDesk)