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Bitcoin Breaches New Record Above $98K as MicroStrategy Soars and Trump Considers 'Crypto Czar'

Bitcoin rally continues as the largest crypto by market cap surged above $98,000 heading into the U.S. morning Thursday. This comes as MicroStrategy and other companies holding corporate bitcoin treasuries soar and president-elect Trump reportedly talks with the crypto industry about a new White House post dedicated to crypto policy. Plus, former FTX executive Gary Wang was spared prison time by a judge. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.

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Juridique

Колишньому технічному директору FTX Гарі Вану T доведеться відбувати термін у в’язниці, постановив суддя

Ван був ONE із ключових свідків, які співпрацювали з прокуратурою США в суді над Семом Бенкманом-Фрідом, заслуживши йому «світ кредиту», сказав суддя в середу.

FTX co-founder Gary Wang, center, near the federal courthouse in Manhattan as he was set to testify again on Oct. 10, 2023 (Victor Chen/CoinDesk)

Juridique

Колишній технічний директор FTX Гарі Ван просить суд не ув'язнитися

Колишній друг Сема Бенкмана-Фріда та сусід по кімнаті в коледжі стане четвертим керівником FTX, якого буде засуджено.

FTX co-founder Gary Wang, center, near the federal courthouse in Manhattan as he was set to testify again on Oct. 10, 2023 (Victor Chen/CoinDesk)

Juridique

Колишні керівники FTX Нішад Сінгх і Гарі Ван будуть засуджені пізніше цього року

Дует визнав себе винним у кримінальному шахрайстві та дав свідчення проти свого колишнього боса Сема Бенкмана-Фріда минулого року.

Gary Wang (left) and Nishad Singh both pleaded guilty to criminal charges and testified against their former boss and friend, FTX founder Sam Bankman-Fried. (Victor Chen, Nikhilesh De, modified by CoinDesk)

Vidéos

SBF’s Lawyers Could Be Annoying the Judge. How Might That Impact the Trial?

Sam Enzer, partner at Cahill Gordon & Reindel, and Brian Klein, partner at Waymaker, discuss the strategies that the defense and prosecution appear to be using, and why the testimonies from FTX software developer Adam Yedidia, FTX cofounder Gary Wang, and others to come will be so damaging for the defense.

Unchained

Vidéos

The SBF Trial Week 1: Here’s What You Missed

The first week of the Sam Bankman-Fried's criminal trial is wrapping up. "CoinDesk Daily" host Jennifer Sanasie shares some of the key legal developments including jury selection, opening arguments and witness testimony from FTX co-founder Gary Wang.

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Sam Bankman-Fried's Trial: A Look Inside the Courtroom

CoinDesk's global policy and regulation managing editor Nikhilesh De shares the details of what it's been like inside the courtroom for FTX founder Sam Bankman-Fried's ongoing trial. Plus, insights on testimonies from witnesses including the exchange's co-founder Gary Wang.

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Juridique

Найближчі друзі Сема Бенкмана-Фріда свідчать проти нього. Ось від кого ще ми почуємо

Суд над Семом Бенкменом-Фрідом розпочнеться цього вівторка, і деякі з його колишніх найближчих друзів стали для нього найбільшою загрозою.

Sam Bankman-Fried outside U.S. District Court on Feb. 9, 2023 (Liz Napolitano/CoinDesk)

Vidéos

The SBF Trial: Names You Should Know

Sam Bankman-Fried will head to court on Oct. 3, facing charges related to fraud and conspiracy. The FTX founder has pleaded not guilty and awaits his trial in jail. "CoinDesk Daily" host Jennifer Sanasie breaks down what former colleagues are set to testify against the 31-year-old who was once known as crypto's white knight.

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Vidéos

FTX Aims to Claw Back $400M From a JPMorgan Account: Report

FTX company insiders, including Sam Bankman-Fried, former Alameda CEO Caroline Ellison, Bankman-Fried's father Joseph Bankman, Gary Wang and Nishad Singh have been served subpoenas by bankruptcy administrators. This comes as FTX's new leadership is trying to claw back $400 million from a little-known hedge fund investment, according to a report from the New York Times. CoinDesk regulatory reporter Amitoj Singh weighs in on the latest FTX developments.

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