Sam Bankman-Fried Will Remain in Jail Through the Start of His Trial
An appeals court rejected his attorneys’ attempt to free him in the run-up to the trial.
An appeals court rejected his attorneys’ attempt to free him in the run-up to the trial.
Judge Lewis Kaplan, who’s overseeing Sam Bankman-Fried’s trial, granted the U.S. Department of Justice’s motion to block all of the FTX founder’s proposed witnesses from testifying at his trial next month.
“I never thought that you could be THAT scared of us,” DWF’s Andrei Grachev posted on X. Wintermute’s Evgeny Gaevoy: “We are trembling in your presence.”
Celo, which is ditching its standalone blockchain in favor of a new “layer-2” network atop Ethereum, had originally signaled plans to rely on Optimism’s OP Stack, a similar customizable kit to Polygon’s but using Optimism’s “optimistic” technology.
Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud computing.
General Counsel Chris Donovan will assume her role at the organization behind the NEAR protocol.
The EU’s landmark Markets in Crypto Assets law, MiCA, takes effect next year, but it’s not clear how it will apply to foreign or decentralized issuers
Once the BOJ begins policy normalisation, yen carry trades may unwind quickly, leading to increased cross-asset volatility.
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
“We still believe that the chances of further declines are higher for now,” one analyst said.