top news
use this tag for stories with mainstream appeal or impact
‘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
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
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
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
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
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
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
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: 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
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