FTX
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.
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.
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.
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.
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.
Coinbase Gets a Stake in Circle; FTX's Sam Bankman-Fried Pleads Not Guilty, Again
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as FTX founder Sam Bankman-Fried pleads not guilty to his latest indictment. The Wall Street Journal is out with a new report detailing Binance's legal risks over Russia. And, Coinbase buys a minority stake in stablecoin issuer Circle Internet Financial.
FTX's Sam Bankman-Fried Latest Court Appearance an 'Interesting Peek' After Being Jailed: Legal Expert
Renato Mariotti, Bryan Cave Leighton Paisner LLP partner, weighs in on FTX founder Sam Bankman-Fried facing arraignment yet again in a New York Court on Tuesday. "This is going to be an interesting peek at Sam Bankman-Fried after he's been in prison, remember that he was repeatedly violating his conditions of release," Mariotti said.
FTX's Sam Bankman-Fried Is the 'Problem,' Not His Lawyers: Former Federal Prosecutor
FTX founder Sam Bankman-Fried is back in court on Tuesday, getting arraigned on the most recent version of his indictment. Renato Mariotti, Bryan Cave Leighton Paisner LLP partner and former federal prosecutor, discusses what to make of the latest developments. The problem is "not the lawyers, it's Sam Bankman-Fried," Mariotti said.
FTX Debtors Change Settlement Proposal After Objection From U.S. Trustee
Bankrupt crypto exchange FTX has revised its motion for settlement after the U.S. Trustee objected to an earlier motion, according to a court filing. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down the new proposal. Plus, the latest on Sam Bankman-Fried's case as the disgraced FTX founder asks to be released from jail five days a week for legal defense work.
Bitcoin Price on Pace for Worst Weekly Drop Since FTX Collapse in November
Bitcoin (BTC) is on track for its worst weekly drop since FTX's collapse in November of last year. The largest cryptocurrency by market capitalization is on track to end the week lower at over 10%. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
