More than 15,000 ether (ETH) worth close to $26 million left a wallet associated with last year’s attack on FTX this weekend.
FTX’s Bankman-Fried Cannot Blame Lawyers in Opening Statement: Judge
Sam Bankman-Fried cannot blame FTX’s lawyers for its collapse or operations in his opening statements, though he can still try and make a so-called “advice-of-counsel” defense later, the federal judge overseeing his case ruled Sunday.
FTX Customers, Investors Will Testify Against Sam Bankman-Fried, DOJ Says
The U.S. Department of Justice said it intends to call FTX customers, investors and cooperating witnesses to testify against Sam Bankman-Fried at trial next week, including a Ukrainian local who would have difficulty getting to the courthouse in-person.
Millions in Ether Tied to FTX Account Drainer on The Move
FTX was hacked in November 2022, hours after the global crypto empire declared bankruptcy and its founder Sam Bankman-Fried stepped down from running the company.
DOJ’s Proposed Jury Questions ‘Risks Tainting’ Bankman-Fried’s Panel, Defense Says
Sam Bankman-Fried’s attorneys objected to some of the U.S. Department of Justice’s proposed voir dire questions in a late Friday filing, saying they may miss potential juror bias or otherwise lead to jurors making assumptions about the case.
BlockFi Says It’s Taken Major Step Toward Emerging From Bankruptcy
Bitcoin’s Slips Below $27K, But What Might Government Shutdown Mean for Prices
Valkyrie Backs Off Ether Futures Purchases Until SEC ETF Approval Officially Effective
The asset manager Thursday said it had already begun purchasing ether futures contracts.
Bankrupt Crypto Hedge Fund 3AC’s Su Zhu Apprehended in Singapore, Liquidator Says
Co-founder of the Three Arrows Capital hedge fund was seized at Changi airport, Teneo said
First Mover Americas: Circle Argues Stablecoins Aren’t Securities in Response to SEC’s Binance Lawsuit
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 29, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Circle Rolls Out Open-Source Protocol to Help Build Tokenized Credit Markets
Perimeter Protocol, an open-source smart contract codebase dedicated to credit facilitation, is the first development of Circle Research.
OpenTrade Unveils Tokenized U.S. Treasuries Offering as Tokenization Race Gains Steam
The tokenized Treasuries market has grown sixfold this year to $668 million, according to rwa.xyz data.
Gemini to Cease Offering Crypto Services in Netherlands in November
Gemini said it is taking the step “due to requirements imposed by the De Nederlandsche Bank (DNB),”
JPEX Crypto Exchange Probe Sees 4 More Arrests: SCMP
Hong Kong and Macau authorities say they’ve detained people closely linked to the scandal linked to the crypto exchange, bringing total arrests to 18.
We Asked New Yorkers if They’d Heard of Sam Bankman-Fried
To some, Sam Bankman-Fried’s impending trial is one of the biggest stories in recent news, but to many New Yorkers, the name does not strike a chord.
Sam Bankman-Fried Almost Tweeted About His Depression, Drafts Show
FTX founder Sam Bankman-Fried has a right to shape the narrative around him, his lawyers argued during a court hearing last month. Unposted tweets obtained by CoinDesk suggest he may have been trying to craft a new image for himself since as soon as last December by discussing his mental health and prescribed medication.
Bitcoin Traders Eye $28K; Solana, Cardano and Tellor Lead Altcoin Bump
Traders at Japanese exchange Bitbank said in a daily note that they expect bitcoin prices to move towards the $28,000 level, citing ETF optimism.
Fireblocks Acquires Tokenization Firm BlockFold for $10M
The acquisition will expand Fireblocks’ capabilities in tokenization including token customization, orchestration, distribution and advisory.
Coinbase Attempts to Plug Void in Crypto Perpetuals Left by FTX
Cryptocurrency exchange Coinbase this week announced that it had received regulatory approval to list perpetual futures on its international exchange.
Fortnite Developer Epic Games Lays Off 16% of Staff Following Metaverse-Inspired Transition
The game’s growth is now primarily driven by creator content, meaning lower revenue for Epic as the revenue is shared around more.