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Ex-FTX Exec Nishad Singh Back in Court After Testifying about Sam Bankman-Fried's 'Excess' Spending
Former FTX executive Nishad Singh is testifying before jurors again Tuesday as Sam Bankman-Fried's criminal trial continues. Singh, who said he knew around $8 billion of FTX customers’ money had gone missing, was once part of Bankman-Fried’s inner circle. CoinDesk executive director of global content Emily Parker describes the latest legal proceedings.
Spot Bitcoin ETF Approvals Will Come In Like a 'Waterfall,' Strategist Predicts
Path Trading Partners co-founder and chief market strategist Bob Iaccino shares his predictions on the flurry of spot bitcoin exchange-traded fund (ETF) applications in the U.S. "I don't think they are going to approve one and then slowly go through each one with a fine-tooth comb," Iaccino said. "I think it's going be a waterfall of ETFs."
Spot Bitcoin ETF Approval Will Be 'Critical' For BTC's Upside Move: Market Strategist
Bitcoin (BTC) is trading around $28,200 after a false report about the Securities and Exchange Commission (SEC) approving the first spot bitcoin ETF pushed the price of the world's largest crypto by market cap to $30,000 Monday. Path Trading Partners co-founder and chief market strategist Bob Iaccino discusses his crypto markets analysis and the implications of a spot bitcoin ETF approval in the U.S.
The SBF Trial Remains 'Top of Mind' for Regulators, Congress: Legal Expert
For CoinDesk's State of Crypto Week, presented by Chainalysis, Daniel Davis, former CFTC general counsel and a current partner at Katten Muchin Rosenman LLP, discusses how FTX founder Sam Bankman-Fried's trial and the crypto exchange's bankruptcy proceedings could shape future crypto regulation in the U.S. Plus, his thoughts on whether ether (ETH) could be classified as a commodity.
Sam Bankman-Fried's Defense Strategy Is That He's an 'Idiot,' Attorney Says
Tully & Weiss criminal defense attorney Joseph Tully shares his thoughts on Sam Bankman-Fried's defense strategy and explains why he believes things "aren't going too well" for the defense team in this case. Plus, whether Bankman-Fried's lawyers could possibly pin the blame on former Alameda Research CEO Caroline Ellison for FTX's implosion.
The SBF Trial: Upcoming Witnesses Include Ex-FTX Exec Nishad Singh
Week three of FTX founder Sam Bankman-Fried's trial is kicking off. Prosecutors have indicated jurors will soon hear from FTX co-founder Nishad Singh. Tully & Weiss criminal defense attorney Joseph Tully discusses what to make of the defense's strategy and how the remainder of the legal proceedings could play out.
Bitcoin's Price Jumps as SEC Won't Continue Its Court Dispute With Grayscale
The U.S. Securities and Exchange Commission (SEC) won’t appeal a courtroom loss against Grayscale, a person familiar with the matter said Friday, boosting the odds the Grayscale Bitcoin Trust (GBTC) can be turned into a more-appealing ETF. The Crypto Trader author Glen Goodman shares his crypto markets analysis. Grayscale and CoinDesk are both owned by DCG.
Crypto Venture Fund Dragonfly Does 'Not Want to Invest in the Next FTX,' Managing Partner Says
How has due diligence for crypto VCs changed in the wake of the FTX implosion? Dragonfly managing partner Haseeb Qureshi shares his thoughts, as FTX founder Sam Bankman-Fried's trial wraps up its second week. "Everybody is going to be vigilant. I do not want to invest in the next FTX...Entrepreneurs will make sure to follow everything to guarantee they are not FTX," Qureshi said.
Crypto Traders Eye SEC Deadline to Challenge Grayscale Court Decision
Friday is the deadline for the SEC to challenge Grayscale's legal victory, after a court ruled the regulator must review its rejection of Grayscale's attempt to convert GBTC into an exchange-traded fund (ETF). 21.co co-founder and CEO Hany Rashwan discusses his crypto markets analysis and the outlook for a spot bitcoin ETF approval. Grayscale and CoinDesk are both owned by DCG.
Crypto, Web3 Communities in Israel Establish Aid Fund
Crypto and Web3 communities in Israel are raising funds for Israeli citizens who have been displaced and are in need of humanitarian aid due to the outbreak of war with Hamas. MarketAcross Vice President of PR and Communications Orian Tal, along with CryptoJungle CEO and Crypto Aid Israel co-organizer Ben Samocha, share insights into the ongoing conflict and the donations they're receiving from the crypto community.