Judge Lewis Kaplan, who’s overseeing Sam Bankman-Fried’s trial, granted the U.S. Department of Justice’s motion to block all of the FTX founder’s proposed witnesses from testifying at his trial next month.Source
“I never thought that you could be THAT scared of us,” DWF’s Andrei Grachev posted on X. Wintermute’s Evgeny Gaevoy: “We are trembling in your presence.”Source
Former U.S. Sen. Pat Toomey, who tried and failed to push his own crypto legislation through Congress before leaving at the start of the year, can’t see how the current Senate will have any better luck, despite recent progress in the House of Representatives.Source
Celo, which is ditching its standalone blockchain in favor of a new “layer-2” network atop Ethereum, had originally signaled plans to rely on Optimism’s OP Stack, a similar customizable kit to Polygon’s but using Optimism’s “optimistic” technology.Source
Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud computing.Source
General Counsel Chris Donovan will assume her role at the organization behind the NEAR protocol.Source
Once the BOJ begins policy normalisation, yen carry trades may unwind quickly, leading to increased cross-asset volatility.Source
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
The EU’s landmark Markets in Crypto Assets law, MiCA, takes effect next year, but it’s not clear how it will apply to foreign or decentralized issuersSource
Mike Novogratz’s firm has appointed Leon Marshall, its existing global head of sales, as its first European CEO.Source