FTX


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Hackers Hit Curve, China Announces Blockchain Link and Is FTX Back?

Host Angie Lau takes a deep dive into the DeFi world as the nearly $52 million exploit of Curve Finance stirred up trouble in the space. Plus, Shanghai's plan to build a blockchain infrastructure hub to link with Hong Kong and Singapore. And, the outlook on a potential revival of the defunct crypto exchange FTX. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."

Forkast IQ

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U.S. Prosecutors Argue Sam Bankman-Fried Should Be 'Detained Pending Trial'

The U.S. Department of Justice released another filing late Thursday regarding Sam Bankman-Fried and his alleged sharing of former Alameda Research CEO Caroline Ellison's personal diaries to the New York Times. CoinDesk's global policy and regulation managing editor Nikhilesh De discusses the filing and the back-and-forth between the prosecutors and former FTX CEO's legal defense team.

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Politiche

Sam Bankman-Fried rischia la prigione mentre il Dipartimento di Giustizia spinge per l'incarcerazione

Il dipartimento ha risposto al team di difesa del fondatore di FTX, che ha sostenuto che il Dipartimento di Giustizia lo stava dipingendo in una luce negativa.

Sam Bankman-Fried (left) exits a courthouse after a hearing on July 26, 2023. (Nikhilesh De/CoinDesk)

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Twitter Bots Pumped Alameda-Linked Tokens After FTX Listing: Report

According to a report from Network Contagion Research Institute (NCRI), five tokens linked to Alameda Research, including BOBA, GALA, IMX, RNDR, and SPELL, were pumped by a legion of Twitter bots after FTX listed them. "The Hash" discusses the surge in the tokens' price and what this could mean for the ongoing FTX bankruptcy case.

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If Binance Faces U.S. Criminal Charges it Could be a 'Death Blow': Former CFTC Division Director

Josh Sterling, former CFTC Division Director and current partner at Jones Day reacts to Semafor reporting that Binance could face U.S. Department of Justice fraud charges, although prosecutors are weighing alternatives given the risk of an FTX-style bank run. Sterling notes that criminal charges against companies are usually a "death blow" and often have "severe consequences for all stakeholders."

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Department of Justice Could Charge Binance With Fraud: Report

Binance may face Department of Justice fraud charges, though prosecutors are considering alternatives given the risk of an FTX-style bank run, according to Semafor. Josh Sterling, Jones Day partner and former CFTC division director, discusses the specifics of the report and the potential outcomes.

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Politiche

Sam Bankman-Fried andrà in prigione?

I procuratori federali sono stufi di quelli che dicono essere i suoi ripetuti tentativi di influenzare la testimonianza dei testimoni. Lui sostiene che sta solo cercando di difendere la sua reputazione.

FTX founder Sam Bankman-Fried (Nikhilesh De/CoinDesk)

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DOJ Has ‘Extremely Thin’ Basis to Jail Sam Bankman-Fried Before Trial: Defense

Attorneys for Sam Bankman-Fried are pushing back against the DOJ’s motion to jail FTX founder ahead of his trial over allegations that Bankman-Fried has tampered with witnesses. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down the defense team's arguments.

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Politiche

Il Dipartimento di Giustizia degli Stati Uniti ha una base "estremamente debole" per incarcerare il banchiere di FTX prima del processo: Difesa

I pubblici ministeri hanno chiesto la revoca della libertà BOND di Sam Bankman-Fried, sostenendo che la condivisione del diario di Caroline Ellison con il New York Times equivale a manomissione di un testimone.

Despite claims by right-wing political figures, Sam Bankman-Fried was definitely not a free man when he (right) exited a Manhattan courtroom on July 26, 2023. (Nikhilesh De/CoinDesk)

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Justin Sun Says He's 'Excited' to Assist Curve; DeSantis Accuses Biden of 'War on Bitcoin'

"CoinDesk Daily" breaks down some of the top headlines from the world of crypto, including Justin Sun's efforts to help DeFi giant Curve after a recent exploit. There could be a path forward to reboot FTX, but the revamped exchange would only be available to offshore customers. And, a closer look at what Presidential candidate Ron DeSantis is promising for the future of crypto, if he wins the race to the White House.

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