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In a special edition of "CoinDesk Daily," host Jennifer Sanasie recounts the events leading up to Sam Bankman-Fried being found guilty of all seven counts brought against him. The FTX founder could potentially spend the rest of his life in prison. A tentative sentencing date is set for March 28, 2024.

Nov 3, 2023

Following a five-week long trial against Sam Bankman-Fried, a New York jury found the disgraced FTX founder guilty on all seven criminal fraud counts. CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses the scene in the courtroom when the verdict was read.

Nov 3, 2023

Sam Bankman-Fried's fate was finally decided by 12 jurors Thursday night. After deliberating for a little over 4 hours, the FTX founder was found guilty on all seven counts for his role in the crypto exchange's implosion. Ford O'Brien Landy LLP partner Kevin J. O’Brien shares his legal analysis of the trial and subsequent verdict, explaining why Bankman-Fried could serve "something in the neighborhood of 15 years" in prison.

Nov 3, 2023

A jury found Sam Bankman-Fried guilty on the first anniversary of the award-winning CoinDesk scoop that spurred the FTX founder's downfall. CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De, who was in the courtroom Thursday night, shares insights into the events leading up to the verdict.

Nov 3, 2023

The U.S. added 150,000 jobs in October versus economist expectations for 180,000 and down from 297,000 in September. Bitcoin (BTC)'s price remained lower on the session in the immediate aftermath of the release at $34,300. eToro US Investment Analyst Callie Cox discusses the impact of the jobs report on the crypto markets and why it might have "a lot more noise than signal."

Nov 3, 2023

Curve Finance's stablecoin, crvUSD, is maintaining its peg as other stablecoins struggle, emerging as a rare bright spot amidst a bear market that has hit DeFi protocols especially hard, according to Kaiko data. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Nov 2, 2023

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest topics in the crypto industry today, including a new price prediction that bitcoin (BTC) could rise to $56,000 by Dec. 31, in line with its record of maintaining bullish momentum in final months of the year. FTX founder Sam Bankman-Fried's trial is wrapping up. And, PayPal received a subpoena from the U.S. Securities and Exchange Commission (SEC) requesting documentation about its USD stablecoin.

Nov 2, 2023

CoinDesk senior reporter Ian Allison, the journalist who broke the story that eventually led to the collapse of FTX, takes a look back on the implosion of Sam Bankman-Fried's empire and how the crypto industry has changed in the last year. Allison notes that his sources did not anticipate the gravity of the information they were sharing at the time. "They were as surprised as I was," he said.

Nov 2, 2023

FTX founder Sam Bankman-Fried's downfall began on Nov. 2, 2022, when CoinDesk published a big scoop that raised questions about the health of crypto hedge fund Alameda Research and by extension, how safe Alameda Research's sister company FTX was. CoinDesk senior reporter Ian Allison, the journalist who authored that story, takes a look back on the collapse of Sam Bankman-Fried's empire and how the industry has changed in the last year.

Nov 2, 2023

PayPal (PYPL) said in a filing that the company received a subpoena from the U.S. Securities and Exchange Commission (SEC) requesting documentation about its USD stablecoin. Tactive Wealth Advisor Eddy Gifford weighs in on what the subpoena could mean for the global payments giant. "It's just the SEC poking and prodding around," Gifford said. But it serves as a reminder that "if you are in the cryptocurrency space, you better be doing things by the book."

Nov 2, 2023