FTX


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Bankrupt FTX Wants Mike Novogratz’s Galaxy to Manage its Crypto Holdings

Bankrupt crypto exchange FTX is seeking to hire Mike Novogratz’s Galaxy as an advisor to help sell, stake and hedge its sizable crypto holdings, according to court filings. "The Hash" panel discusses the latest developments and the financial conditions of the defunct exchange as the bankruptcy case is burning as much as $1.5 million every day in legal costs.

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Criminal Defense Attorney Reacts to Tornado Cash Indictment, SBF's Defense Strategy

Two Tornado Cash developers face allegations of money laundering and sanctions violations. Tully & Weiss Criminal Defense Attorney Joseph Tully discusses his reaction, drawing parallels to the legal considerations of Napster and Silk Road. Plus, what to make of the latest developments around Sam Bankman-Fried as the FTX founder settles on a defense strategy ahead of his criminal trial this October.

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Regulación

Los abogados de Sam Bankman-Fried reciben luz verde para visitas ilimitadas a la prisión

Los abogados del fundador de FTX lo visitarán en prisión para preparar su defensa después de que un juez denegara la Request de Bankman-Fried de tener reuniones diarias en la oficina de sus abogados en Manhattan.

(Elizabeth Napolitano / CoinDesk)

Regulación

FTX elige a Galaxy para vender, apostar y cubrir sus miles de millones de Cripto

La bolsa en quiebra pretende devolver los fondos a los acreedores en dólares sin afectar su valor.

New FTX CEO John J. Ray III (C-Span)

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Regulación

La quiebra de FTX cuesta 1,5 millones de dólares en gastos legales cada día

Los acreedores lamentan la rápida pérdida de efectivo derivada de la quiebra de la bolsa global a medida que el proceso se extiende durante varios meses.

(Danny Nelson/CoinDesk)

Vídeos

Sam Bankman-Fried's Defense Strategy; Binance.US Customers Now Have Access to MoonPay

“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as bitcoin hovers around $26,300 and XRP has lost nearly all its gains since the historic Ripple ruling. FTX founder Sam Bankman-Fried has settled on a legal strategy ahead of his criminal trial this October. The FBI is warning North Korean hackers could try to sell millions of dollars worth of bitcoin. And, Binance.US customers now have access to MoonPay.

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Could Sam Bankman-Fried's 'Blame-the-Lawyers' Strategy Work?

Sam Bankman-Fried's defense team published a letter detailing a planned "advice of counsel" strategy, which argues that the FTX founder was acting in "good faith" in loaning funds to FTX and Alameda executives because he was following the advice of lawyers, including law firm Fenwick & West. "The Hash" panel weighs in on the latest developments in the case.

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FTX Founder Sam Bankman-Fried Intends to Blame Fenwick & West Lawyers in His Defense

Sam Bankman-Fried intends to argue he was acting in "good faith" in loaning funds to FTX and Alameda executives, in setting Signal messages to auto-delete and in setting up a set of North American entities because he was following the advice of lawyers, including law firm Fenwick & West. CoinDesk's global policy and regulation managing editor Nikhilesh De discusses the latest developments and what happened inside the courtroom during Bankman-Fried's Tuesday arraignment.

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XRP Gives Up Nearly All Gains Made After Ripple's Partial Win Against the SEC

XRP has lost nearly all gains after Ripple Labs’ landmark court ruling over the U.S. Securities and Exchange Commission (SEC) in July. TheoTrade co-founder Don Kaufman shares his reaction as bitcoin (BTC) and other major cryptocurrencies remain little-changed after the largest cryptocurrency by market cap saw its worst weekly performance since FTX's collapse.

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Regulación

El fundador de FTX, Sam Bankman-Fried, pretende culpar a Fenwick & West Lawyers en su defensa

Sam Bankman-Fried compareció ante el tribunal el martes para declararse inocente de la última acusación.

Sam Bankman-Fried, middle, walks into court on Aug. 11, 2023. (Victor Chen/CoinDesk)