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FTX
Sam Bankman-Fried Pleads Not Guilty to Latest Indictment
Bankman-Fried's attorney later deplored Bankman-Fried's lack of vegan options in prison, saying he was "subsisting on a diet of bread and water" during the hearing.
Prosecutors, Sam Bankman-Fried File Proposed Jury Instructions for Trial
The FTX founder's lawyers are suggesting Bankman-Fried acted in good faith, with a trial set for October.
Sam Bankman-Fried Due Back in Court as He Asks for Daily Releases
The FTX founder will be arraigned on Tuesday. Last week, his attorneys asked that he be allowed to review defense filings at a federal prosecutor’s office every weekday.
FTX Debtors Change Settlement Proposal After Objection From U.S. Trustee
Bankrupt crypto exchange FTX has revised its motion for settlement after the U.S. Trustee objected to an earlier motion, according to a court filing. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down the new proposal. Plus, the latest on Sam Bankman-Fried's case as the disgraced FTX founder asks to be released from jail five days a week for legal defense work.
FTX Debtors Revise Settlement Proposal After Objection From U.S. Trustee
The latest proposal will see the debtors include the U.S. Trustee as a noticed party and reduce the maximum settled value for claims from the earlier $10 million to $7 million.
Bitcoin Price on Pace for Worst Weekly Drop Since FTX Collapse in November
Bitcoin (BTC) is on track for its worst weekly drop since FTX's collapse in November of last year. The largest cryptocurrency by market capitalization is on track to end the week lower at over 10%. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Bitcoin Price Briefly Drops Below $26K as Crypto Traders Suffer $1B in Liquidations
Bitcoin (BTC) is trading near $26,000, as the largest cryptocurrency by market cap is on track for its worst weekly decline since the collapse of FTX. "The Hash" panel discusses the state of crypto amid bitcoin's latest sell-off along with current sentiment across the industry. Plus, insights on the absence of a court decision between the SEC and Grayscale. CoinDesk and Grayscale are both owned by Digital Currency Group (DCG).
Bitcoin Slumps Below $28K; Genesis, FTX Strike Deal for $175M Bankruptcy Claim
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as bitcoin (BTC) trades below $28,000. FTX’s Alameda Research strikes a deal with bankrupt crypto company Genesis, according to new court filings. Valkyrie Digital Assets is doubling down on ether futures products. And, a closer look at where is PayPal pressing pause on crypto transactions.
FTX-Linked Farmington State Bank Slapped with Fed Enforcement Action
The Federal Reserve has brought an enforcement action against the one-branch lender for making a foray into digital assets activities in violation of a prior agreement it made.
Genesis, FTX Strike Deal for $175M Bankruptcy Claim
Though a sharp drop from the $4 billion originally claimed, lawyers hope it will let them get on with winding up estates.
