[Nov 3, 2023 4:00 AM] Twelve jurors spent less than five hours deciding the facts. They asked for portions of transcripts from Paradigm's Matt Huang and Third Point's Robert Boroujerdi testimony, as well as highlighters and Post-it Notes, and when they didn't…
[Nov 2, 2023 4:00 AM] Is Sam Bankman-Fried going to prison? Five weeks into his criminal trial, 12 randomly selected New Yorkers are preparing to discuss among themselves whether they believe he violated federal law or not.
[Nov 1, 2023 12:19 PM] In this week's edition of The Protocol newsletter, we explain the mechanics (and roots) behind the "data availability" network Celestia, and its new TIA tokens, and turn our eyes to Starknet's STRK tokens, which aren't trading yet but are already…
[Nov 1, 2023 4:00 AM] More than 60 people lined up to watch Sam Bankman-Fried's fourth day of testimony, filling the single overflow room to the point extra chairs were set against the walls for some of the audience members.
[Oct 31, 2023 7:30 AM] There was a moment on Monday where an assistant U.S. attorney needed to ask FTX founder Sam Bankman-Fried if he was the chairman and sole board member of Alameda Research, while showing him a document that he signed, which literally identified him…
[Oct 31, 2023 4:00 AM] An observation from sleep-deprived day 15 of Sam Bankman-Fried’s criminal trial: prosecutors embrace the inevitable outcome of male pattern baldness; defense lawyers don’t.
[Oct 30, 2023 4:00 AM] Sam didn't do it. He didn't defraud anyone, he didn't steal customer funds – he just built a company which "turned out basically the opposite" of the product he envisioned when he founded FTX: "A lot of people got hurt – customers, employees – and
[Oct 27, 2023 4:00 AM] Sam Bankman-Fried began his testimony like the brilliant former golden boy from crypto’s better days. He ended the longest, strangest, most torturous day yet of his criminal trial more imperiled than ever before.
[Oct 25, 2023 9:00 PM] I poked my head out of the Sam Bankman-Fried trial just long enough for my entire panel of House lawmakers at CoinDesk's policy event in Washington, D.C. to cancel, leading to a very impromptu session instead. Unfortunately that's not enough time…
[Oct 25, 2023 11:11 AM] There’s a lot of activity happening in Bitcoin tech development – with innovations that might help the original and oldest blockchain to catch up with the boom of projects building in the Ethereum ecosystem.
[Oct 25, 2023 4:00 AM] Sam Bankman-Fried's defense presentation won't kick off until later this week, but it's already clear his defense may hinge on one key witness: himself. That's according to Kevin O’Brien, a partner at Ford O'Brien LLP and a former assistant U.S…
[Oct 23, 2023 4:00 AM] To get a courtroom seat, you gotta show up early: at least 7:30 a.m. The overflow room is more relaxed, but there’s no Sam, just his televised image.
[Oct 20, 2023 4:00 AM] It's fall break! Thursday ended early after just two witnesses – former FTX General Counsel Can Sun and Third Point's Robert Boroujerdi – testified briefly. We won't be back in the courthouse at 500 Pearl Street until next Thursday, Oct. 26, when…
[Oct 19, 2023 4:00 AM] We’ve entered the soul-sucking phase of Sam Bankman-Fried’s month-long criminal trial. The part where an antsy Judge Lewis Kaplan paces and glares – and then lashes out at prosecutors (and also defense lawyers) for wasting everyone’s time.
[Oct 18, 2023 11:28 AM] Earlier this year, Ethereum staking was popular, particularly with Lido Finance's rise to prominence in the DeFi space, but it is now facing challenges, suspicions, and resentment.
[Oct 18, 2023 4:00 AM] All three of Sam Bankman-Fried’s “inner circle” members have now testified against the FTX founder, and all three have presented similarly on the witness stand: clearly rehearsed, adamant that the FTX founder was in charge and careful not to stray
[Oct 17, 2023 7:30 AM] Paradigm, BlockFi, Genesis and other companies did not have access to audited financial statements prior to investing or loaning billions to FTX, FTX.US. and Alameda Research, according to testimonies given in the trial of Sam Bankman-Fried…
[Oct 17, 2023 4:00 AM] Nishad Singh told a jury on Monday that his September meeting with Bankman-Fired was the first time he realized that Alameda, FTX’s sister trading firm, had spent billions of dollars of FTX user deposits, and had left a gaping hole in both…
[Oct 16, 2023 4:00 AM] A filing last week suggests Sam Bankman-Fried's defense wants to get back to the argument that Bankman-Fried did not technically commit wire fraud because FTX’s terms of service were worded in such a way that there's no case to argue funds were…
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