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New York Law Journal

Sam Bankman-Fried Lawyer Closes by Asking Jury to Find FTX Founder Acted in Good Faith

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

New York Law Journal

Teaching an Old Bond New Tricks: Blockchain-Based Digital Bonds are Reinvigorating the Global Bond Market: Part 1

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

New York Law Journal

Warlock Partners Sues Arena Group Over Alleged Millions in Trading Losses

"Whether through malice or incompetence (or both), Defendants engaged in this pattern of wrongful conduct that prevented Warlock from selling its holdings," the suit alleges.
3 minute read

Texas Lawyer

$30M Civil RICO Suit Filed as Both Sides Accuse Frost Bank of Wrongdoing

Chemcraft Ltd., filing as a counter-plaintiff in a first amended petition submitted Oct. 19 in the Tarrant County 96th District Court, alleges Frost Bank entities—Frost Brokerage Services Inc. and Frost Investment Services LLC—participated in the unauthorized transfer of $9.95 million.
5 minute read

New York Law Journal

Cross-Examination of Sam Bankman-Fried Dives Into Prior Public Statements

Bankman-Fried said he was not sure whether he described the FTX platforms as safe.
3 minute read

New York Law Journal

Sam Bankman-Fried Addresses 'Mistakes' on Witness Stand in FTX Fraud Trial

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

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

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

New York Law Journal

Lowenstein Sandler Taps Ex-Shearman Partner as Funds Co-Chair

Michael Saarinen left Shearman weeks after partners overwhelmingly voted in favor of the merger with Allen & Overy.
4 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

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