FTX


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FTX's Sam Bankman-Fried Heads to Court; SEC Extends Review of Cathie Wood's Spot Bitcoin ETF

“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as the SEC pushes its review of the Ark 21Shares bitcoin ETF application. Sources tell CoinDesk beleaguered crypto custodian Prime Trust could face layoffs. A new report reveals the potential impact of PayPal's stablecoin debut. And, FTX founder Sam Bankman-Fried heads to court, as a judge could decide if he should be sent back to jail ahead of his trial.

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Could FTX's Sam Bankman-Fried Go to Jail?

Sam Bankman-Fried is set to appear at a hearing on Friday for a judge to decide whether the disgraced founder of FTX is going to jail before his trial in October over sharing former Alameda Research CEO Caroline Ellison's diary with the New York Times. CoinDesk's global policy and regulation managing editor Nikhilesh De shares his prediction. Plus, the latest on crypto exchange Bittrex's $24 million fine.

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FTX Lawyers and Creditors Clash Over Bankrupt Estate's Proposed Reorganization Plan

Lawyers for the bankrupt crypto exchange FTX fired back at creditors that criticized the estate's proposed reorganization plan. "The Hash" panel discusses the back-and-forth between the attorneys and creditors. Plus, what the negotiations could mean for the defunct exchange's possible revival plan.

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Politiche

FTX risponde ai creditori "disposti a rischiare i beni patrimoniali per rendimenti più elevati"

Il comitato dei creditori chirografari aveva criticato il piano di riorganizzazione della massa fallimentare presentato a un tribunale del Delaware a luglio.

New FTX CEO John J. Ray III (C-Span)

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FTX Founder Sam Bankman-Fried Will Still Face Campaign Finance-Related Charge: DOJ

The U.S. Department of Justice still plans to bring a campaign finance-related charge against Sam Bankman-Fried. This comes after prosecutors had dropped a campaign finance charge against the FTX founder last month. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down the charges that will be brought against the FTX founder. Plus, the latest on Ryan Salame, as Bloomberg reports that the former FTX executive is in talks with federal prosecutors.

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Politiche

Sam Bankman-Fried dovrà ancora affrontare l'accusa di finanziamento della campagna elettorale, afferma il Dipartimento di Giustizia

Il mese scorso i procuratori avevano archiviato l'accusa di finanziamento della campagna elettorale nei confronti del fondatore di FTX.

(Elizabeth Napolitano / CoinDesk)

Video

PayPal Enters the Crypto Conversation with New Stablecoin; Worldcoin Faces More Scrutiny

“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as the electronic payments giant PayPal ventures into digital assets with the announcement of a U.S. dollar-pegged stablecoin called PayPal USD. Sino Global Capital files a multimillion dollar claim against FTX. And, Worldcoin’s Nairobi warehouse was reportedly raided as Kenya's Ministry of the Interior suspends the project from operating in the country.

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Mercati

Sino Global presenta una richiesta di risarcimento da 67 milioni di dollari contro FTX-Alameda

Sino Global ha investito in token fortemente colpiti dal declino dell'impero Cripto FTX di Sam Bankman-Fried e ha stretto una partnership con FTX per un fondo raccolto con il capitale di investitori esterni.

Sam Bankman-Fried leaving court on Feb. 16, 2023 (Liz Napolitano/CoinDesk)

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Could FTX's Sam Bankman-Fried Go to Jail Ahead of His Trial?

Sam Bankman-Fried's defense isn't denying that he shared former Alameda Research CEO Caroline Ellison's diary with the New York Times, and therefore he should be "detained pending trial," according to the latest filing from the U.S. Department of Justice. "The Hash" panel weighs in on the legal road ahead for the disgraced FTX founder.

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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