This episode is sponsored by the Galaxy Brains Podcast.
The former FTX CEO Sam Bankman-Fried is set to appear in person at a Manhattan federal court this afternoon. The Wall Street Journal reports that the disgraced crypto exchange founder will likely plead not guilty to fraud at his arraignment. Plus, a closer look at why Solana (SOL) is climbing, while other cryptos like bitcoin (BTC) and ether (ETH), were little changed following a flat weekend.
See also:
Sam Bankman-Fried Pleads ‘Not Guilty’ to Fraud, Conspiracy Charges
Bahamas-FTX Dispute Heats Up as Bankman-Fried Prepares for Trial
Previewing FTX Founder Sam Bankman-Fried’s Not Guilty Plea in Court
Solana Exec Says Platform Still Gaining New Users Despite FTX's Collapse
Solana's SOL Token Surges 20% as Dog Coin Bonk Fires Up Community Interest
This episode has been edited by Adrian Blust. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”