BlackRock’s Ethereum ETF Plan Is Confirmed in Nasdaq Filing
The world’s largest asset manager already made waves by seeking to list a bitcoin ETF
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The world’s largest asset manager already made waves by seeking to list a bitcoin ETF
Damian Williams, the U.S. attorney for the powerful Southern District of New York, set an ominous warning following the conviction of former crypto kingpin Bankman-Fried.
A jury found Sam Bankman-Fried guilty on all charges in his criminal fraud trial tied to FTX’s operation and collapse.
A verdict in the SBF trial could come before the end of Thursday – on the first anniversary of the CoinDesk scoop that caused his empire to crumble.
The value of FTX’s stake in Solana’s SOL token, for instance, has just added $1 billion in two weeks.
Trial of Sam Bankman-Fried (Danny Nelson/CoinDesk)
“So, it’s your testimony that your supervisees told you to stop asking questions?” asked a prosecutor. “Did you call in your lieutenants and ask ‘who spent $8 billion?'”
A set of filings from Sam Bankman-Fried’s defense team late Monday shows his attorneys still hope to clarify that English law governed FTX’s terms of service – which may have implications on the fraud charges.
The titans of finance are increasingly driving a space that, to many, was designed to put them out of business.
The FTX founder was grilled Monday by a prosecutor, who used the many words he said to journalists after his crypto company’s collapse against him.