Fun

News Feed - 2023-08-22 06:08:00

Turner Wright2 hours agoSam Bankman-Fried will get one day in court to meet with lawyersAccording to a judge"s order, SBF will be allowed access to one laptop and "WiFi device” for roughly 6.5 hours while meeting with counsel in a courthouse cell block attorney room.391 Total views3 Total sharesListen to article 0:00NewsJoin us on social networksA federal judge overseeing former FTX CEO Sam Bankman-Fried’s criminal case has issued an order allowing Sam Bankman-Fried to meet with his legal team outside of jail for roughly seven hours.


In an Aug. 21 filing in United States District Court for the Southern District of New York, Judge Lewis Kaplan ruled that Sam Bankman-Fried, who also goes by SBF, will be allowed to meet with his counsel in the cell block attorney room at the courthouse on Aug. 22 around one of his scheduled hearings. Kaplan ordered SBF’s bail revoked on Aug. 11, sending the former FTX CEO to the Metropolitan Detention Center in Brooklyn likely until the conclusion of his criminal trials.


According to the order, SBF will be allowed access to “one Internet-enabled laptop and one WiFi device” from roughly 8:30 AM EST until 3:00 PM while meeting with counsel. His lawyers had petitioned the court to release SBF for five days every week through his trials in order for him to prepare for the case. However, Kaplan’s order suggested only a one-time release within the confines of the courthouse on Aug. 22, with another decision likely pending based on a response from the Department of Justice.


Related: Sam Bankman-Fried spends 3rd night in notorious New York jail


Bankman-Fried’s first of two trials is scheduled to begin on Oct. 2, when he will face seven charges related to fraud at FTX. The latest superseding indictment filed by prosecutors on Aug. 14 said they will consider SBF’s alleged violations campaign finance scheme as part of a wire fraud charge. He will face five other charges at his other trial scheduled for March 2024.


Before his $250-million bail was revoked, Bankman-Fried was largely confined to his parents’ home in California. He has pleaded not guilty to all charges.


Magazine:Can you trust crypto exchanges after the collapse of FTX?# Law# Court# Sam Bankman-Fried# FTX# RegulationAdd reactionAdd reactionRead moreHow to earn passive income with peer-to-peer lendingFrom the U.S. to Japan, regulators are beginning to embrace crypto2024 could be very bullish for crypto — Here’s why

News Feed

Bitcoin, Ethereum Technical Analysis: ETH Surges, Following Latest Jobs Report
Bitcoin, Ethereum Technical Analysis: ETH Surges, Following Latest Jobs Report Ethereum was back above $1,600 on Friday, as markets reacted to the latest nonfarm payrolls (NFP) rep
Meme Coin Market Cap Loses 3.5%, Top 2 Leaders Dogecoin, Shiba Inu Shed Billions
Meme Coin Market Cap Loses 3.5%, Top 2 Leaders Dogecoin, Shiba Inu Shed Billions While crypto-asset markets have shed billions during the last week, the top meme tokens coins by ma
A New Semiconductor Manufacturing Competitor Has Entered the ASIC Bitcoin Mining Rig Industry
A New Semiconductor Manufacturing Competitor Has Entered the ASIC Bitcoin Mining Rig Industry While companies like Microbt, Bitmain, Innosilicon, Strongu, Ebang, and Canaan have ru
Tom Mitchelhill8 hours agoFTX sues Sam Bankman-Fried and other former execs to claw back $1BFormer FTX and Alameda Research executives Sam Bankman-Fried, Caroline Ellison, Gary Wang and Nishad Singh were named in the sui
Tom Blackstone5 hours agoCircle launches native euro stablecoin on StellarThe EURC stablecoin (formerly EUROC) is now available on Stellar in addition to Ethereum and Avalanche.921 Total views9 Total sharesNewsJoin us on
Marcel Pechman7 hours agoDoes high US consumer debt benefit Bitcoin price?Cointelegraph analyst and writer Marcel Pechman breaks down consumer debt and why it might lead to a good outcome for BTC.1243 Total views51 Total
Savannah Fortis10 hours agoFrench privacy watchdog questions Worldcoin’s data collection method: ReportFrench data protection agency CNIL said it finds the legality of Worldcoin’s collection methods “questionable
Former Finance Secretary Doubts Indian Government Understands Crypto
Former Finance Secretary Doubts Indian Government Understands Crypto The Indian government has not introduced the cryptocurrency bill that was listed to be taken up in the winter s
Stock Market Futures Surge as Trump Gets Positive on China
TwitterFacebookLinkedInTrump"s tweets on China may set the stage for a strong rally in the stock market this week as S&P 500 futures open higher. | Source: REUTERS/Jonathan Ernst
Crypto Capital Principal Indicted on Fraud, Confirming Bitfinex Allegations
Crypto Capital principal Oz Yosef was indicted on three criminal counts by the U.S. Attorney’s Office of the Southern District of New York Wednesday, Oct. 23, confirming statements made by Bitfinex’s general coun
Crypto Fear and Greed Index Shows ‘Extreme Fear’ and Shaky Sentiment Persist
Crypto Fear and Greed Index Shows "Extreme Fear" and Shaky Sentiment Persist For a few weeks now, bitcoin sentiment stemming from the Crypto Fear and Greed Index (CFGI) has been in
Ana Paula Pereira5 hours agoBrazil’s USDT adoption soars in 2023, makes up 80% of all crypto transactionsUSDT has seen a significant surge in adoption in Brazil, accounting for 80% of all cryptocurrency transactions in