Crypto’s Lehman moment: Investors buy $250M of FTX claims — Report
It’s hard to know how much a collapsed crypto firm like FTX would be worth by the time its bankruptcy is resolved. Go to Source
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Judge grants DoJ motions barring testimony of Sam Bankman-Fried’s witnesses
Judge Lewis Kaplan left the door open for SBF’s defense team to call some of the precluded witnesses in response to testimony presented by the government. Go to Source
Judges deny Sam Bankman-Fried’s appeal for early release
Three judges with the 2nd U.S. Circuit Court of Appeals in New York have denied requests from Sam Bankman-Fried’s lawyers for early release from jail. Go to Source
Bitcoin price eyes $28K as Binance legal battle spurs bullish momentum
Discover how margin and option metrics hint at Bitcoin’s path to $28,000 amid the Binance legal battle. Go to Source
Interest rate hikes may pause very soon — Here’s why
This week, The Market Report discusses Bitcoin’s recent price action and the upcoming FOMC meeting, where some speculate interest rates might be paused. Go to Source
Judges weigh early release for Sam Bankman-Fried as lawyers push First Amendment issues: Report
A panel of three judges at the 2nd U.S. Circuit Court of Appeals in New York reportedly will consider requests from Sam Bankman-Fried’s lawyers for early release from jail. Go to Source
OPNX’s $30M Hodlnaut bid rejected as FLEX token plummets 90%: Report
The interim judicial managers of Hodlnaut argued that the $30 million offer of FLEX tokens is “illiquid” and has “speculative value.” Go to Source
FTX founder’s parents sued, accused of stealing millions from crypto exchange
According to the allegations, Sam Bankman-Fried’s father Joseph Bankman was a “de facto officer” at the FTX Group. Go to Source
Lawyer who laundered $400M from OneCoin scam denied new trial: Report
A lawyer who laundered $400 million from the OneCoin scam has been denied a new trial despite arguing there were legal mistakes and false testimony in the original trial in 2019. Go to Source
SEC embroiled in court cases; Hester Peirce says crypto firms shouldn’t give up on US
The commissioner said she had seen awareness and knowledge of digital assets grow in her five years at the SEC, but largely, there was “more of the same” on enforcement actions. Go to Source