Fortune

BREAKING: Sam Bankman-Fried will testify in his own defense, his lawyers confirmed at a court hearing in Manhattan on Wednesday:

https://fortune.com/crypto/2023/10/25/sam-bankman-fried-to-take-the-stand-in-his-own-defense-ftx/

Who will be the biggest winners from Bitcoin’s latest rally?

https://fortune.com/crypto/2023/10/24/bitcoin-reaches-highest-level-in-a-year-new-crypto-boom/

Sam Bankman-Fried appears likely to testify as his trial enters its final phase:

https://fortune.com/crypto/2023/10/23/sam-bankman-fried-ftx-trial-will-he-testify/

The Securities and Exchange Commission is no longer pursuing civil charges against Ripple executives Christian Larsen and Brad Garlinghouse, according to a court filing in the Southern District of New York on Thursday:

https://fortune.com/crypto/2023/10/19/sec-drops-charges-ripple-xrp-garlinghouse-larsen/

New York Attorney General Letitia James is suing the Winklevoss twin-led exchange Gemini along with Genesis and Digital Currency Group for defrauding investors out of more than $1 billion:

https://fortune.com/crypto/2023/10/19/gemini-genesis-dcg-lawsuit-new-york-attorney-general-winklevoss-silbert/

Sam Bankman-Fried has usually kept quiet as a victim, a former investor, and two of his best friends took to the witness stand to testify against him.

However, Caroline Ellison—Bankman-Fried’s on-again off-again girlfriend—allegedly provoked the most emotional reaction from him on Wednesday afternoon:

https://fortune.com/crypto/2023/10/12/sam-bankman-fried-laughed-scoffed-caroline-ellison-testimony/

“I felt a sense of relief that I didn’t need to lie anymore.”

Near the end of her second day on the witness stand, Caroline Ellison, the former CEO of the crypto hedge fund Alameda Research, broke down:


https://fortune.com/crypto/2023/10/11/caroline-ellison-utilitarianism-saudi-arabia-mbs-thai-prostitutes-tears-sam-bankman-fried-ftx-sbf/

Caroline Ellison, FTX's hedge fund chief and ex-girlfriend of SBF, testified that he directed her to commit crimes—and thought he might be US president someday:

https://fortune.com/crypto/2023/10/11/ftx-founder-sam-bankman-fried-hedge-fund-chief-ex-girlfriend-caroline-ellison-us-president/

FTX cofounder Gary Wang personally signed for hundreds of millions of dollars in loans when he was CTO at FTX.

Why?

He couldn’t “recall,” he said during his third day of testimony in SBF's trial:

https://fortune.com/crypto/2023/10/10/ftx-cofounder-gary-wang-alameda-research-sam-bankman-fried-hundreds-of-millions-loans

In today's #FortuneCrypto newsletter:

https://fortune.com/crypto/2023/10/10/sam-bankman-fried-ex-girlfriend-caroline-ellison-trial-testimony/

With the prospect of a decades-long prison sentence hanging over his head, former FTX CEO Sam Bankman-Fried has a critical decision to make: Should he testify in his own defense at his fraud trial that is currently underway in a Manhattan courtroom?

https://fortune.com/crypto/2023/10/10/sam-bankman-fried-ftx-trial-testify-legal-experts-discuss/

As we enter into the second week of FTX founder Sam Bankman-Fried’s criminal trial, let’s rehash what went down last week:

https://fortune.com/2023/10/09/sam-bankman-fried-trial-week-one/

SBF considered shutting down Alameda weeks before FTX bankruptcy. He had 14 billion reasons why he couldn’t, cofounder says:

https://fortune.com/crypto/2023/10/06/sam-bankman-fried-alameda-research-gary-wang-ftx-criminal-tria/

After the fall of the cryptocurrency exchange FTX and the trading firm she ran, the 28-year-old became a public villain:

https://fortune.com/longform/caroline-ellison-alameda-ftx-sam-bankman-fried/

"Here, you have the combination of a legendary athlete, a case involving an explosive failure in the crypto world, and a hunt that kept making headlines. So it’s one for the ages."

https://fortune.com/2023/05/17/crypto-lawsuits-shaq-celebrity-endorsers-ftx/

“Coin Cafe defrauded hundreds of New Yorkers out of thousands of dollars with its deceptive marketing and due to a lack of effective regulation,” said New York Attorney General Letitia James:

https://fortune.com/crypto/2023/05/18/brooklyn-coin-cafe-defrauded-investors-new-york-attorney-generals-office/

Axie Infinity rose to prominence as an NFT-enabled game that, at its peak, garnered millions of users, but in a mobile version released Wednesday, players don’t have to buy NFTs:

https://fortune.com/crypto/2023/05/17/web3-game-axie-infinity-releases-nft-optional-mobile-game/

Past backers of Worldcoin are a16z crypto, the venture arm of Coinbase, Khosla Ventures, and Sam Bankman-Fried:

https://fortune.com/crypto/2023/05/15/openai-sam-altman-100-million-worldcoin-funding-iris-human-artificial-intelligence/

Do Kwon is now facing up to five years in prison in Montenegro:

https://fortune.com/crypto/2023/05/11/disgraced-terra-cofounder-do-kwon-pleads-not-guilty-after-hes-arrested-in-montenegro-holding-3-different-passports/

Scoop: Letitia James, the NY Attorney General, debuted a crypto bill to much fanfare last week.

It has sparked a behind-the-scenes rift with the state's other powerful crypto regulator, the Department of Financial Services. Lots of details here:

https://fortune.com/crypto/2023/05/11/new-york-crypto-bill-exposes-rifts-key-regulators/