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New York Law Journal

Sam Bankman-Fried Verbose in Cross-Examination Outside Jury's Presence

U.S. District Judge Lewis Kaplan of the Southern District of New York observed that FTX and Alameda Research founder Sam Bankman-Fried has "an interesting way of responding to questions" as he took the stand in his fraud and money laundering trial.
3 minute read

National Law Journal

SEC Chair Gensler Calls Crypto Industry 'Really Rife With Noncompliance'

"We would never allow the New York Stock Exchange … to do the things that crypto intermediaries may be doing," Gensler said.
3 minute read

New York Law Journal

'High-Risk, High-Reward': What to Expect as Sam Bankman-Fried Takes Witness Stand in FTX Fraud Trial

U.S. District Judge Lewis Kaplan of the Southern District of New York already demonstrated a willingness to question witnesses himself in the course of the first three weeks of the trial.
5 minute read

Delaware Business Court Insider

Bankruptcy Judge Allows FTX to Bundle Objections to Claims

Judge John T. Dorsey approved the FTX debtors' motion to deviate from rules typically used in bankruptcy proceedings.
4 minute read

National Law Journal

SEC Will Prioritize Cryptocurrency, Emerging Financial Technology in the Next Year

"The division's efforts, as laid out in the 2024 priorities, enhance trust in our ever-evolving markets," SEC Chair Gary Gensler said.
5 minute read

New York Law Journal

Crypto Lawyers Eye SEC Decision to Dismiss Ripple Execs' Civil Charges

With the charges dismissed, the only step remaining before a potential appeal is a remedies phase.
4 minute read

New York Law Journal

Ex-FTX Head of Engineering Nishad Singh Appears Composed Under Cross-Examination

Defense counsel' Mark S. Cohen's first questions related to Singh's testimony, on direct examination, that he sometimes thought Bankman-Fried's spending was excessive or involved bad business decisions.
3 minute read

New York Law Journal

US Judge Refuses to Adjourn Trial for Bankman-Fried to Obtain Meds to Aid in Focus

Bankman-Fried's lead defense counsel has raised concerns about his client's limited access to Adderall several times since Bankman-Fried was remanded to Brooklyn's Metropolitan Detention Center in August, saying he needs the medication to be able to meaningfully participate in the preparation of the defense case.
3 minute read

Daily Business Review

Crypto and Other Digital Assets Can be Tricky During Divorce

Banking, email, online shopping, medical records, streaming services, Zoom accounts, and other information subject to digital privacy may still be shared with your former partner. In such a situation, a self-imposed "digital divorce" may also be needed to remove or change shared passwords.
4 minute read

National Law Journal

SEC Rulemaking Should Be 'Gradual,' 'Deliberate,' Commissioner Peirce Says

"The problem is you have to do regulation, but you have to do it right," Hester Peirce, a Republican, told the Security Traders Association's annual conference.
4 minute read

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