Analysis
Legal
Newly-released audio of Sam Bankman-Fried reflecting on life in prison emerges on social media
Reporter Tiffany Fong shared one of her pretrial interviews with SBF on X in which the founder confronts serious questions about his future.
Regulation
Abu Dhabi institutes comprehensive regulatory framework for Digital Ledger Technology
The Emirate of Abu Dhabi is emerging alongside Dubai as a second crypto hub in the UAE.
Sponsored
Web3
The Human side of Web3: Empowerment, community, and new frontiers
Newconomics 2023 will be a multi-day conference in Lisbon dedicated to dissecting the future of web3 technology and its intersection with global economics.
Legal
Sam Bankman-Fried found guilty on all 7 charges, faces up to 110 years in prison
The jury reached a guilty verdict on all charges against the former billionaire after a little over four hours of deliberating.
Legal
SBF Trial – Jury begins deliberations as closing arguments conclude
A New York jury has begun deliberations on whether Sam Bankman-Fried committed mass fraud or simply made grave mistakes as a novice CEO.
ETF
ProShares launches short Ethereum-linked ETF
The market's first short ETH-linked ETF provides investors with an opportunity to profit when the price of ETH drops.
Legal
SBF Trial Day 16 — Both sides enter closing arguments as jury prepares to deliberate
The prosecution told the jury that SBF knowingly made off with billions in customer deposits, while the defense chalked his wrongdoings up to "terrible mistakes."
Regulation
Turkey tightening crypto regulation to improve standing with FATF
Turkey has been on the FATF "grey list" since 2021, a watchlist of jurisdictions under increased monitoring for AML practices.
Legal
DCG hires former impeachment counsel against Donald Trump to defend against NYAG suit
Barry Berke is a renowned litigator whose career has engaged with several high-profile figures.
Legal
SBF Trial Day 15 – SBF pleads not guilty to all charges as defense rests its case
The day's proceedings revolved around scrutinizing SBF's relationship with the Bahamian government, handling customer funds, and transparency issues.
Crypto
Bernstein anticipates $150k Bitcoin by 2025
Bernstein noted that Bitcoin prices have historically risen in sync with halvings and expects the flagship crypto to hit a high of $150,000 by 2025.
Regulation
Financial Conduct Authority warns UK investors not to engage with Bitfinex
The FCA has listed the exchange as a noncompliant entity and warned the investing public that it will have no recourse in the event of losses.