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FTX
Sam Bankman-Fried Demonstrates Ineffective Altruism at Its Worst
The road to hell is paved with good intentions.

Solana Surges to 14-Month High; Sell Pressure Lingers as FTX Unstakes $67M Tokens
FTX-related wallets unstaked and transferred millions of tokens to exchanges, which could exert some selling pressure for the asset, one observer said.

FTX and the Case for Web3 YIMBYism
The Biden administration should help reshore crypto firms to protect consumers and create competitive jobs.

Closing Arguments Start in Sam Bankman-Fried's Trial; Could Bitcoin Reach $150K by 2025?
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories shaping the crypto industry today, including Bernstein's latest bitcoin (BTC) price prediction. Circle is curbing service for individual accounts to mint stablecoins. And, the latest legal developments as FTX founder Sam Bankman-Fried's trial nears its end.

Sam Bankman-Fried's Trial Reaches Closing Arguments: What Happens Next?
Omar Ochoa Law Firm founder, Omar Ochoa, joins "First Mover" to discuss the latest developments in Sam Bankman-Fried's criminal trial, along with his predictions, as closing arguments are expected to begin on Wednesday. The FTX founder was the last witness from both the defense and the prosecution.

Sam Bankman-Fried's Defense Team Has Done the 'Best That They Can,' Lawyer Says
Omar Ochoa Law Firm founder Omar Ochoa weighs in on the how Sam Bankman-Fried's defense team has acted during the FTX founder's criminal trial. "It's a really difficult case for the defense, in all honesty," Ochoa said. "The defense counsel has done the best that they can."

FTX, Alameda Wallets Move More Than $78 Million in Crypto to Exchanges: Spotonchain
The tokens were moved to Binance and Coinbase overnight in accordance with a bankruptcy court order allowing the sale of some FTX assets, data from Spotonchain show.

Sam Bankman-Fried Grilled by Prosecutor Over Public Statements Made Before FTX's Collapse
Sam Bankman-Fried was grilled on the stand Monday, as the prosecution drilled the FTX founder with questions on public statements he previously made or posted on X (formerly known as Twitter) before the collapse of the exchange. Katten partner and co-chair for the firm's financial markets and regulation practice group Dan Davis weighs in. "You almost guarantee these types of statements will come in if you testify," Davis said.

Sam Bankman-Fried's Trial Is 'Already' Impacting U.S. Crypto Regulation: Lawyer
FTX founder Sam Bankman-Fried is taking the stand again Tuesday for more cross-examination in his criminal trial. Katten partner and co-chair for the firm's financial markets and regulation practice group Dan Davis discusses his take on the latest legal proceedings and the impact on the U.S. crypto regulatory landscape. "I think any regulator and any person in Congress wants to make sure what happened with FTX does not happen again," Davis said.
