Breaking news and analysis exploring how the legal industry and regulators are approaching virtual currency and other blockchain-enabled items.
By Trudy Knockless | November 13, 2023
Son said investors will store their assets in their own digital wallets—wiping out the chance they could be misappropriated, as they were at FTX.
3 minute read
By Maydeen Merino | November 8, 2023
"It's a matter of following the facts and the law where they take us—without fear or favor," SEC Chair Gary Gensler said.
3 minute read
By Jane Wester | November 3, 2023
Attorneys predicted a "massive penalty" when the disgraced crypto entrepreneur is sentenced in early 2024. He still faces a second set of charges.
5 minute read
By Kenny S. Terrero | November 3, 2023
Part two of a two-part series on how blockchain-based digital bonds are reinvigorating the global bond market. This part provides an overview of digital bonds and the growing digital bond market.
8 minute read
By Jane Wester | November 2, 2023
Jurors heard testimony from former FTX customers, investors and, crucially, a group of former employees who testified about Bankman-Fried's state of mind and behind-the-scenes actions as his companies grew and then collapsed in November 2022.
4 minute read
By Jane Wester | November 1, 2023
Assistant U.S. attorney Nicolas Roos asked jurors if they noticed that Bankman-Fried's testimony, on direct examination, was "smooth, like it'd been rehearsed a bunch of times"—but that his cross-examination was "uncomfortable to hear."
3 minute read
By Kenny S. Terrero | October 31, 2023
Part one of a two-part series on how blockchain-based digital bonds are reinvigorating the global bond market. This part provides an overview of the technology powering this market shift, as well as certain regulatory and other considerations for capital markets participants.
9 minute read
By Maydeen Merino | October 30, 2023
Lawyers voice concern with what they call the SEC's use of enforcement actions against cryptocurrency firms based on nebulous regulations concerning non-fungible tokens.
4 minute read
By Jane Wester | October 30, 2023
Bankman-Fried said he was not sure whether he described the FTX platforms as safe.
3 minute read
By Jane Wester | October 27, 2023
Over several objections from prosecutors who argued that Bankman-Fried was providing "narrative" rather than simply responding to Cohen's questions, Bankman-Fried described his leadership of FTX and Alameda Research, the crypto trading firm he founded in 2017.
4 minute read
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