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Latest from Nikhilesh De
Judge Blocks Sam Bankman-Fried's Proposed Witnesses From Testifying
SBF's defense can try again to put some of the FTX founder's witnesses on the stand, though the U.S. Justice Department may still object, Judge Lewis Kaplan wrote.

‘You Can Do Nothing’: Crypto Trading Titans Are Yelling at Each Other on Elon Musk’s X
“I never thought that you could be THAT scared of us,” DWF’s Andrei Grachev posted on X. Wintermute’s Evgeny Gaevoy: “We are trembling in your presence.”

Ex-Senator Who Once Shepherded Crypto Legislation Sees No Path in Current Congress
Former Sen. Pat Toomey is pessimistic about legislation moving through this term, but it may be more likely in the next Congress.

Here’s How FTX Founder Sam Bankman-Fried’s Trial May Play Out
Prosecutors will need a jury to reach a unanimous verdict to convict the FTX founder.

U.S. CBDC Efforts Opposed in Legislation Advanced by House Republicans
The House Financial Services Committee approved a bill meant to prevent a U.S. central bank digital currency.

Sam Bankman-Fried’s Empire Was Crushed by This Infamous Balance Sheet. Here’s More of the Story
An Alameda balance sheet revealed just how fraught FTX’s situation was.

Crypto Custodian Prime Trust Warns It May Lay Off 62 Employees, Nevada Records Show
The company filed for bankruptcy in August.

SEC’s Crypto Enforcement Chief Warns More Charges Coming to Exchanges, DeFi
David Hirsch, who runs the agency’s office that handles crypto enforcement, says that apart from Coinbase and Binance, there are other exchanges and DeFi straying from the law.

Crypto Wants a De Minimis Tax Exemption in the U.S.
The industry weighed in on a Senate committee request for comment, hitting common themes.

Some Binance EU Users Find Fiat Withdrawals Cut Off Even Before Paysafe Ends Service
Binance says Paysafe gave it short notice that a “very small portion” of European users will be subject to an earlier closure before the payments provider officially pulls support for the exchange on Sept. 25.
