FTX

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.

Mar 29, 2023

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.

Mar 28, 2023

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.

Mar 17, 2023

Kaiko Director of Research Clara Medalie said bitcoin's (BTC) correlation with the Nasdaq is at its lowest level since the FTX collapse and its correlation with European equities is at multi-year lows. Medalie also shares her markets analysis, adding, "this week we see crypto markets rallying while equity markets have collapsed."

Mar 16, 2023

The crypto meltdown has claimed its first big casualty in the mainstream financial system. California-based Silvergate Bank plans to "voluntarily liquidate" its assets and wind down operations. Here are three key things to know about the company’s unwinding and what it means for the crypto industry and beyond.

Mar 13, 2023

FTX sister company Alameda Research has filed a lawsuit against crypto asset manager Grayscale Investments seeking injunctive relief to realize what it claims is over $250 million in asset value for the FTX Debtor’s customers and creditors. "First Mover" hosts weigh in on the latest developments. Grayscale and CoinDesk are both owned by Digital Currency Group (DCG).

Mar 7, 2023

The Grayscale Bitcoin Trust (GBTC) discount to net asset value has fallen to its lowest level in a month, ahead of oral arguments in federal court on Tuesday related to Grayscale's SEC lawsuit. Meanwhile, FTX sister company Alameda Research has filed a lawsuit against Grayscale Investments seeking injunctive relief to realize over $250 million in asset value for the FTX Debtor’s customers and creditors. DCG is the parent company of CoinDesk and Grayscale.

Mar 6, 2023

By Nathaniel WhittemoreMar 4, 2023

Data from blockchain analytics firm Kaiko shows that liquidity is worsening for bitcoin, with order-book depth hitting lower levels than were seen following the collapse of FTX. In the meantime, Kaiko notes that Coinbase volumes have seen a rise in interest in altcoins at the expense of bitcoin and ether. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

Mar 2, 2023

By Nathaniel WhittemoreMar 1, 2023