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Ford O'Brien Landy LLP partner Kevin J. O’Brien predicts that Sam Bankman-Fried could face a prison sentence of "something in the neighborhood of 15 years, or maybe even 20 years." "He's a relatively young man, his whole life is in front of him," O’Brien said. "I don't think the judge is going to want to destroy his chances of having a full and productive adult life."

Nov 3, 2023

Ford O'Brien Landy LLP partner Kevin J. O’Brien weighs in on the possibility for Sam Bankman-Fried's defense team to be granted an appeal after the FTX founder was found guilty in a New York City courtroom on Thursday night. "Mr. Cohen is a very able lawyer...but on the face of it, there doesn't seem to be much for them to work with here," O’Brien said. The "trial was very well-tried by the government."

Nov 3, 2023

Animoca Brands Executive Chairman Yat Siu discusses what the guilty verdict for FTX founder Sam Bankman-Fried means for the broader crypto industry. "In some ways people used to think that if you enter the crypto space, you can kind of get away with stuff," Siu said. The trial against Bankman-Fried demonstrates that there are consequences for bad actors and that "gives people a certain sense of more safety."

Nov 3, 2023

Metaverse and gaming VC firm Animoca Brands is gearing up to enter into a partnership with Saudi Arabia's NEOM Investment Fund to support its aspirations as a futuristic tech hub. Animoca Brands Executive Chairman Yat Siu discusses the partnership and the outlook for Web3 in the region. Plus, Siu reacts to FTX founder Sam Bankman-Fried being found guilty on all seven counts of fraud and what it means for the crypto industry.

Nov 3, 2023

NFT marketplace Rarible and the core developer behind Metal Blockchain are teaming up to look into the development of compliant digital ownership solutions for the banking and fintech industries. Metallicus CEO Marshall Hayner and Rarible co-founder Alexander Salnikov join "First Mover" to discuss how applications of NFT technology be used in consumer banking.

Nov 3, 2023

Following a five-week long trial against Sam Bankman-Fried, a New York jury found the disgraced FTX founder guilty on all seven criminal fraud counts. CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses the scene in the courtroom when the verdict was read.

Nov 3, 2023

Sam Bankman-Fried's fate was finally decided by 12 jurors Thursday night. After deliberating for a little over 4 hours, the FTX founder was found guilty on all seven counts for his role in the crypto exchange's implosion. Ford O'Brien Landy LLP partner Kevin J. O’Brien shares his legal analysis of the trial and subsequent verdict, explaining why Bankman-Fried could serve "something in the neighborhood of 15 years" in prison.

Nov 3, 2023

A jury found Sam Bankman-Fried guilty on the first anniversary of the award-winning CoinDesk scoop that spurred the FTX founder's downfall. CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De, who was in the courtroom Thursday night, shares insights into the events leading up to the verdict.

Nov 3, 2023

The U.S. added 150,000 jobs in October versus economist expectations for 180,000 and down from 297,000 in September. Bitcoin (BTC)'s price remained lower on the session in the immediate aftermath of the release at $34,300. eToro US Investment Analyst Callie Cox discusses the impact of the jobs report on the crypto markets and why it might have "a lot more noise than signal."

Nov 3, 2023

CoinDesk senior reporter Ian Allison, the journalist who broke the story that eventually led to the collapse of FTX, takes a look back on the implosion of Sam Bankman-Fried's empire and how the crypto industry has changed in the last year. Allison notes that his sources did not anticipate the gravity of the information they were sharing at the time. "They were as surprised as I was," he said.

Nov 2, 2023