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‘Oh, Yes’: Accounting Prof Says Sam Bankman-Fried’s FTX Definitely Mishandled Customers' Money

For starters, customer funds were behind a majority of FTX’s investment into Scaramucci’s SkyBridge Capital, Peter Easton testifies.

By Sam Kessler, Helene BraunOct 18, 2023

‘Oh, Yes’: Accounting Prof Says Sam Bankman-Fried’s FTX Definitely Mishandled Customers' Money

Policy

Crypto World Hopeful as California Chases BitLicense in Absence of U.S. Feds

The BitLicense axis between New York and California may draw in other jurisdictions as the states solidify their position as the only regulatory option for crypto businesses in the U.S.

By Jesse HamiltonOct 18, 2023

Crypto World Hopeful as California Chases BitLicense in Absence of U.S. Feds

Policy

Sam Bankman-Fried Dined With Eric Adams at NYC Mayor’s Go-To Italian Restaurant

Erstwhile crypto titan and avowed vegan Sam Bankman-Fried was also scheduled to meet New York Gov. Kathy Hochul at The Capital Grille steakhouse, according to FBI trial testimony.

By Danny NelsonOct 17, 2023

Sam Bankman-Fried Dined With Eric Adams at NYC Mayor’s Go-To Italian Restaurant

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Bahamian Prime Minister Asked Sam Bankman-Fried to Give His Son Advice on NFT Project

An email mentioning NFTs from Philip Davis was presented in court on Tuesday as part of prosecutors’ fraud case against the FTX founder.

By Helene BraunOct 17, 2023

Bahamian Prime Minister Asked Sam Bankman-Fried to Give His Son Advice on NFT Project

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For Once, Sam Bankman-Fried's Lawyer Lands a Punch at FTX CEO's Criminal Trial

Under questioning from defense attorney Mark Cohen, a former FTX exec and government witness admitted to some hazy memories.

By Nikhilesh De, Sam Kessler, Danny NelsonOct 17, 2023

For Once, Sam Bankman-Fried's Lawyer Lands a Punch at FTX CEO's Criminal Trial

Consensus Magazine

How African Students Became Victims of FTX’s Collapse

“We saw an exchange that was supposedly better than every other one we had used, so we let a lot of family and friends get involved with the FTX platform,” FTX Africa’s former education lead Pius Okedinachi told CoinDesk.

By Dilin MassandOct 17, 2023

How African Students Became Victims of FTX’s Collapse

Policy

Former Top FTX Executive Testifies He Knew $8B of Customer Money Was Missing

Nishad Singh, the latest member of Sam Bankman-Fried’s inner circle to testify, said his admiration for SBF turned to “shame” on discovering FTX execs enriched themselves with customer funds.

By Sam Kessler, Elizabeth Napolitano, Nikhilesh DeOct 16, 2023

Former Top FTX Executive Testifies He Knew $8B of Customer Money Was Missing

Policy

SBF Trial: Crypto Lender BlockFi Believed Alameda Was Solvent Given Balance Sheet It Was Shown, CEO Testifies

BlockFi lost “a little over a billion dollars” due to its involvement with FTX and Alameda Research, Zac Prince said.

By Helene Braun, Nikhilesh DeOct 13, 2023

SBF Trial: Crypto Lender BlockFi Believed Alameda Was Solvent Given Balance Sheet It Was Shown, CEO Testifies

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SBF Trial: Defense Counsel's Cross-Examination of Star Prosecution Witness Meandered

Mark Cohen bumbled at times, asking Caroline Ellison to repeat much of the same information she told prosecutors in testimony the day before.

By Nikhilesh De, Elizabeth Napolitano, Sam Kessler, Helene BraunOct 12, 2023

SBF Trial: Defense Counsel's Cross-Examination of Star Prosecution Witness Meandered

Consensus Magazine

Hamas Has Raised Millions in Crypto Donations, WSJ Reports

But the amount is likely small compared to the volume raised in state-sponsor support.

By Benjamin SchillerOct 11, 2023

Hamas Has Raised Millions in Crypto Donations, WSJ Reports

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