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United States prosecutors have requested the court presiding over Sam Bankman-Fried’s trial to bar his legal team from making any arguments relating to the potential recovery of FTX customer assets invested in Anthropic.Bankman-Fried invested $500 million in the artificial intelligence startup in April 2022. The U.S. government is set to
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“While the existence of a law might be relevant to establish a statutory duty of care, the absence of regulation is not relevant to whether money was, in fact, entrusted to the defendant’s care by his victims,” the DOJ filing said, adding that the existing criminal rulebook is sufficient. “There
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Terraform Labs co-founder Do Kwon has contested the importance of Slack messages presented as evidence. These involved discussions with his co-founder Daniel Shin about manipulating transactions on the Terra blockchain to attract investors.The United States Securities and Exchange Commission (SEC) included the Slack conversation between the two co-founders, dated back
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The lawyers representing the United States Department of Justice (DOJ) filed a new court document late on Aug. 29 arguing that Sam Bankman-Fried should provide additional disclosures to his planned defense. The document called the current proposed argument, which claims his lawyers approved of fraud allegations while he was still at
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“The Court should preclude irrelevant, confusing, and prejudicial questioning, evidence, and arguments about the involvement of attorneys” if no further details are provided, U.S. Attorney Damian Williams said in the filing, arguing Bankman-Fried should specify the legal advice or abandon his proposed defense. Source
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Maximalist Bitcoin holder and the Chairman and CEO of the MicroStrategy company, Micheal Saylor, is still bullish on the Bitcoin despite the bearish market. While commenting on the new regulatory bill of June 07 in an interview with CNBC on June 08, he predicted Bitcoin’s price to be around $1
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Summary: MicroStrategy’s CEO has pointed out that Bitcoin’s short-term volatility is irrelevant once you understand its fundamentals. According to Mr. Saylor, Bitcoin is the most certain thing in a very uncertain world. MicroStrategy CEO and Bitcoin perma-bull Michael Saylor has said that Bitcoin’s near-term volatility should not be a concern. According to Mr. Saylor,
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Bitcoin's third halving is less than two weeks away. Google searches indicate an all-time high level of interest in this event, the third in the life of the world’s oldest cryptocurrency. But some traders say the halving won't be the bullish catalyst many expect: They say it doesn’t matter. Rather,
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