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Ex-Alameda Research CEO Prepared to Take the Stand at SBF Trial; Hamas-Linked Crypto Accounts Frozen

"CoinDesk Daily" breaks down the biggest crypto headlines today, including what to expect during the fifth day of Sam Bankman-Fried's criminal trial as Caroline Ellison prepares to take the stand. Binance is reportedly helping Israeli police freeze cryptocurrency accounts linked to Palestinian militant group Hamas. Plus, a crypto markets update.

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Richtlinien

Star Witness Caroline Ellison Says Sam Bankman-Fried Directed Her to Commit Fraud

“I sent balance sheets at the direction of Sam [Bankman-Fried] that made Alameda’s balances look less risky to investors,” Ellison testified.

Ex-Alameda CEO Caroline Ellison exits the courthouse after testifying in Sam Bankman-Fried's trial on Oct. 10, 2023 (Elizabeth Napolitano/CoinDesk)

Videos

Prosecutors Likely to Portray Ex-Alameda CEO Caroline Ellison as a 'Sympathetic Witness': Lawyer

Former Alameda Research CEO Caroline Ellison, the prosecution's star witness, is set to take the stand today in FTX founder Sam Bankman-Fried's criminal trial. Hodder Law Firm founder Sasha Hodder discusses what to expect from Ellison's testimony and her reaction to Bankman-Fried's defense's strategy so far.

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Technologie

Bankman-Fried's FTX Could Have Lost Over $1B Due to Lax Security Practices: Report

Attackers were able to steal nearly $400 million worth of various tokens after FTX was hacked in November 2022. But it could have been worse.

Former FTX CEO Sam Bankman-Fried (Jesse Hamilton, modified by CoinDesk)

Videos

Anthony Scaramucci Says He's Not Testifying at SBF Trial: 'I Wasn't Close Enough to the Blast Zone'

SkyBridge Capital founder and managing partner Anthony Scaramucci says he will not be testifying in FTX founder Sam Bankman-Fried's trial, after his name was among a reported list of potential witnesses that could take the stand. Scaramucci said, "I wasn't close enough to the blast zone, frankly."

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Pinning FTX Collapse on Ex-Alameda Research CEO Is a 'Very Classic Defense Move,' Lawyer Says

Former Alameda Research CEO Caroline Ellison is scheduled to be the next witness to testify in FTX founder Sam Bankman-Fried's trial. Lowenstein Sandler LLP partner Rachel Maimin, who specializes in white collar criminal defense, discusses what to expect after the defense assigned some of the blame to Ellison during the opening arguments.

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Anthony Scaramucci: Watching Sam Bankman-Fried's Trial Unfold Is 'Heartbreaking'

SkyBridge Capital founder and managing partner Anthony Scaramucci explains why it has been "heartbreaking" watching FTX founder Sam Bankman-Fried's trial unfold. Plus, Scaramucci shares insights on how the case could impact the broader crypto industry. "It hurts the reputation of crypto investing, Web3...the whole thought of where we could go from a technical innovation point of view," he added.

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Videos

Anthony Scaramucci Says the SBF Trial 'Hurts' Crypto's Reputation

SkyBridge Capital founder and managing partner Anthony Scaramucci discusses his take on FTX founder Sam Bankman-Fried's latest legal developments. Scaramucci said watching the trial unfold has "been absolutely heartbreaking." Plus, his reaction to "Going Infinite" author Michael Lewis' portrayal of Bankman-Fried in his latest book and what the future of crypto could look like.

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