샘 뱅크먼-프라이드
Sam Bankman-Fried to Plead Not Guilty to Bribery, Campaign Finance Charges: Reuters
FTX founder Sam Bankman-Fried will plead not guilty on charges of trying to evade campaign financing laws and attempting to bribe one or more Chinese government officials, according to a Reuters report. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De weighs in. Separately, OKX says it has identified $157 million in digital assets belonging to FTX and Alameda Research and is turning them over to the bankruptcy estate for the former companies.
Bitcoin Spikes Above $28K; SBF’s Attorney Fees Paid by His Father With Gifted Alameda Funds: Forbes
Bitcoin (BTC) is jumping above the $28,000 level and is on track for its best quarter in two years. Separately, a new report from Forbes states that FTX founder Sam Bankman-Fried's father, Joseph Bankman, has been paying his son's legal fees with money borrowed from FTX’s sister company.
Sam Bankman-Fried Facing Charge of Allegedly Bribing Chinese Officials
U.S. prosecutors unveiled a new indictment against FTX crypto exchange founder Sam Bankman-Fried Tuesday, adding a bribery charge to the 12 other charges he already faces. Braden Perry, Kennyhertz Perry Partner and former CFTC senior trial lawyer, discusses his reaction and the wider implications for the crypto industry.
Binance’s On-Chain Portfolio Stands at $64B, Nansen Data Shows
Data from blockchain analytics firm Nansen shows that Binance’s on-chain portfolio currently stands at $64 billion. Braden Perry, Kennyhertz Perry Partner and former CFTC senior trial lawyer, shares his thoughts on the CFTC lawsuit against Binance and the state of the broader U.S. crypto regulatory landscape as CFTC Chairman Rostin Behnam reiterated Tuesday at a congressional hearing that he believes ether is a commodity, contrary to what the SEC has said. Plus, his thoughts on Sam Bankman-Fried facing a new U.S. indictment.
U.S. Prosecutors Unveil New Indictment Against Sam Bankman-Fried
U.S. prosecutors unveiled a new indictment against FTX founder Sam Bankman-Fried on Wednesday, adding a bribery charge to the 12 other charges he already faced. Separately, a federal judge paused Voyager's efforts to sell its assets to Binance.US on the same day the CFTC sued crypto exchange Binance alleging "willful evasion" of the U.S. law. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the latest details in the world of crypto regulation.
What's Next for Do Kwon?
The co-founder of Terraform Labs, Do Kwon, appears to have been arrested in Montenegro, according to a tweet by the country's minister of interior, Filip Adzic. David Z. Morris, CoinDesk Chief Insights Columnist and host of the narrative podcast Crypto Crooks, discusses the latest developments and differences between Do Kwon and Sam Bankman-Fried.
Earlier Red Flags and Warnings About Sam Bankman-Fried
According to Time, leaders of the Effective Altruism movement were repeatedly warned of Sam Bankman-Fried's role as CEO of Alameda Research beginning in 2018. Meanwhile, FTX's new management team said the crypto exchange transferred $2.2 billion to Bankman-Fried through various entities. "The Hash" panel discusses the latest in the fall of SBF's crypto empire and the early red flags.
DOJ Says Sam Bankman-Fried Should Only Have Flip Phone, Whitelist of Approved Websites
Sam Bankman-Fried’s bail conditions should restrict his use of the internet, including the use of a non-internet-connected flip phone, an attorney with the U.S. Department of Justice proposed in court filings late Friday. "The Hash" panel discusses the latest developments.
Former Accounting Team of FTX US Auditor Armanino Starts 'The Network Firm'
Members of the accounting firm Armanino’s digital-asset practice have departed and formed a startup – The Network Firm – to carry on the business of providing audits, attestations and related work for crypto clients. Late last year, Armanino decided to stop performing crypto audits amid heightened scrutiny of its past work for a U.S. affiliate of Sam Bankman-Fried’s failed FTX exchange. "The Hash" panel discusses the potential challenges of crypto auditing practices.
Former SEC Branch Chief on State of U.S. Crypto Regulation
Former U.S. Securities and Exchange Commission Enforcement Branch Chief and Bragança Law Attorney Lisa Bragança discusses the current state of crypto regulation in the U.S. on the heels of the latest enforcement actions from the SEC. "Regulators move slowly and deliberately, and the [crypto] industry does not," Bragança said. Plus, her thoughts on former FTX executive Nishad Singh pleading guilty and what it means for Sam Bankman-Fried's trial.
