Michael Lewis Was Charmed by Sam Bankman-Fried – But So Was Everyone Else
Michael Lewis is getting slammed for a relatively sympathetic portrayal of SBF. The larger question is: Why did so many people fall under Sam’s spell?Source
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Entries by GRYZUoDLu7t8z22
Crypto Custody Firm Ledger Cuts 12% of Staff
The company cited macroeconomic headwinds limiting the company’s ability to drive revenue as a reason for the cuts.Source
Taiwanese Crypto Trader’s 6-Cent Fee Leads to $310K Win in Tax-Receipt Lottery
Sometimes, being tax-compliant pays off.Source
Sam Bankman-Fried, Other FTX Execs Committed Financial Crimes, Co-Founder Wang Testifies
Gary Wang, the former chief technology officer and co-founder of FTX, told a jury that he, Bankman-Fried and fellow former executives Caroline Ellison and Nishad Singh committed multiple forms of fraud.Source
Crypto for Advisors: Waiting for the Next Crypto Bull Market? It’s Already Here.
Is crypto winter slowly thawing and spring upon us? Thanks to Jennnifer Murphy from Runa Digital Assets sharing their perspective on the crypto market and indicators that the bull may be upon us.Source
Blockticity Mints Hemp and Cannabis Certifications on Avalanche
The process works by Blockticity printing a QR code on a product and the QR code then links to a Certificate of Analysis minted as an Avalanche NFT.Source
Banks Would Have to Disclose Crypto Holdings Under New BIS Plan
The Basel Committee on Banking Supervision previously recommended swingeing capital constraints on holdings of unbacked cryptocurrencySource
Friend.Tech Targeted SIM Swaps Worsen as Users Lose More Ether
CoinDesk reported earlier this week that Friend.Tech users were seemingly starting to get targeted in SIM swap exploits.Source
First Mover Americas: DOJ: SBF’s Crypto Empire Was Built on a Lie
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 5, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
FTX Employees Knew About the Backdoor to Alameda Months Before Collapse: WSJ
The employees flagged their discovery to one of FTX’s director of engineering Nishad Singh but the problem never got fixed.Source