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FTX
Lawyer Behind FTX Lawsuit Weighs in on Celebrity Endorsements
A lawyer says basketball legend Shaquille O'Neal has finally been served in a case involving FTX and the celebrities who appeared in their ads. Adam Moskowitz, Managing Partner at The Moskowitz Law Firm, who is also the lawyer representing some FTX investors in the proposed class action lawsuit against the bankrupt crypto exchange, discusses the case and the state of celebrity endorsements in the crypto space. CoinDesk reached out for comment to Shaquille O'Neal and Kaseya Center but did not hear back.

Shaq Is Served Again in FTX Lawsuit, Lawyer Says
Shaquille O'Neal has been served again in a class-action lawsuit against FTX and founder Sam Bankman-Fried. The NBA legend reportedly received a summons and complaint during Tuesday night's game between the Miami Heat and Boston Celtics. "The Hash" panel shares their reactions.

FTX CEO's Legal Billings Hint at Comeback for the Exchange
The latest billing report of FTX's new CEO John Ray III suggests that the exchange could be rebooted. "The Hash" panel discusses the possibility of building "FTX 2.0" and reacts to a new report from The New York Times on the evidence collected against the disgraced founder Sam Bankman-Fried.

Laura Shin Reflects on Crypto's Evolution in the Last Decade
As part of CoinDesk Turns 10, "The Cryptopians" author "Unchained" podcast host Laura Shin joins "First Mover" to reflect on the past, present, and future of the crypto industry. Shin discusses the lessons learned from the rise and fall of Sam Bankman-Fried's FTX, Do Kwon's Terraform Labs, and unpacks the history of Ethereum.

Crypto Journalist Laura Shin Reacts to Possible FTX Reboot
A recent court filing suggests that FTX CEO John J. Ray III is working on devising a reboot plan for the now-defunct crypto exchange FTX. Filings show that Ray spent 6.7 hours on items related to “2.0” which is thought to mean FTX 2.0, a reboot of the exchange. Laura Shin, "The Cryptopians" author and "Unchained" podcast host, reacts to these developments, saying "[he] simply has a duty to explore that option."

Exploring the Ties Between Sam Bankman-Fried and Rep. George Santos
"The Hash" panel discusses Rep. George Santos (R-NY)'s ties to Sam Bankman-Fried, the founder and former CEO of collapsed crypto exchange FTX. According to public records uncovered in December of 2022, Santos’ donors included three figures from the FTX circle. The Santos campaign reportedly received the maximum possible individual donation from FTX senior exec Clare Watanabe, product head Ramnik Arora and Ryan Salame, CEO of the company's Bahamian subsidiary FTX Digital Markets, who gave upwards of $24 million to Republican candidates and committees during the midterms.

IRS Files Claims Worth $44B Against FTX Bankruptcy
The U.S. Internal Revenue Service (IRS) has filed claims worth nearly $44 billion against the estate of Sam Bankman-Fried's bankrupt crypto exchange FTX and its affiliated entities. The largest claims include a $20.4 billion and a $7.9 billion claim against Alameda Research LLC and two claims totaling $9.5 billion against Alameda Research Holdings Inc. CoinDesk's Managing Editor for Global Policy and Regulation Nikhilesh De shares the latest developments.

Rep. French Hill Addresses Significance of 'Functional Framework' for Crypto in the U.S.
Rep. French Hill (R-Ark.), chair of the House Financial Services Subcommittee on Digital Assets, Financial Technology & Inclusion, recognizes crypto regulation as a bipartisan pursuit and addresses the significance of creating a "functional framework" for digital assets in the U.S. after the FTX implosion.

Sam Bankman-Fried Files Pretrial Motions to Dismiss Most Criminal Charges Against Him
FTX founder Sam Bankman-Fried filed pretrial motions to dismiss a majority of the charges he faces late Monday. CoinDesk's Global Policy and Regulation Managing Editor Nikhilesh De discusses the road ahead for Bankman-Fried's legal battle.
