Close Menu
Ztoog
    What's Hot
    Mobile

    Disassembly video shows off nubia Z50S Pro’s 35mm camera module

    Crypto

    ETH Price Dips As Ethereum ETF Approval Faces Delay

    Crypto

    Real Reasons For Bitcoin Crash Revealed, Not GBTC

    Important Pages:
    • About Us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    Facebook X (Twitter) Instagram Pinterest
    Facebook X (Twitter) Instagram Pinterest
    Ztoog
    • Home
    • The Future

      Any wall can be turned into a camera to see around corners

      JD Vance and President Trump’s Sons Hype Bitcoin at Las Vegas Conference

      AI may already be shrinking entry-level jobs in tech, new research suggests

      Today’s NYT Strands Hints, Answer and Help for May 26 #449

      LiberNovo Omni: The World’s First Dynamic Ergonomic Chair

    • Technology

      A Replit employee details a critical security flaw in web apps created using AI-powered app builder Lovable that exposes API keys and personal info of app users (Reed Albergotti/Semafor)

      Gemini in Google Drive can now help you skip watching that painfully long Zoom meeting

      Apple iPhone exports from China to the US fall 76% as India output surges

      Today’s NYT Wordle Hints, Answer and Help for May 26, #1437

      5 Skills Kids (and Adults) Need in an AI World – O’Reilly

    • Gadgets

      8 Best Vegan Meal Delivery Services and Kits (2025), Tested and Reviewed

      Google Home is getting deeper Gemini integration and a new widget

      Google Announces AI Ultra Subscription Plan With Premium Features

      Google shows off Android XR-based glasses, announces Warby Parker team-up

      The market’s down, but this OpenAI for the stock market can help you trade up

    • Mobile

      Microsoft is done being subtle – this new tool screams “upgrade now”

      Wallpaper Wednesday: Android wallpapers 2025-05-28

      Google can make smart glasses accessible with Warby Parker, Gentle Monster deals

      vivo T4 Ultra specs leak

      Forget screens: more details emerge on the mysterious Jony Ive + OpenAI device

    • Science

      Analysts Say Trump Trade Wars Would Harm the Entire US Energy Sector, From Oil to Solar

      Do we have free will? Quantum experiments may soon reveal the answer

      Was Planet Nine exiled from the solar system as a baby?

      How farmers can help rescue water-loving birds

      A trip to the farm where loofahs grow on vines

    • AI

      Rationale engineering generates a compact new tool for gene therapy | Ztoog

      The AI Hype Index: College students are hooked on ChatGPT

      Learning how to predict rare kinds of failures | Ztoog

      Anthropic’s new hybrid AI model can work on tasks autonomously for hours at a time

      AI learns how vision and sound are connected, without human intervention | Ztoog

    • Crypto

      GameStop bought $500 million of bitcoin

      CoinW Teams Up with Superteam Europe to Conclude Solana Hackathon and Accelerate Web3 Innovation in Europe

      Ethereum Net Flows Turn Negative As Bulls Push For $3,500

      Bitcoin’s Power Compared To Nuclear Reactor By Brazilian Business Leader

      Senate advances GENIUS Act after cloture vote passes

    Ztoog
    Home » SBF trial brings in FTX exec and experts, NY AG sues three crypto firms for fraud, Reddit kills blockchain program and FTC sues bankrupt Voyager
    Crypto

    SBF trial brings in FTX exec and experts, NY AG sues three crypto firms for fraud, Reddit kills blockchain program and FTC sues bankrupt Voyager

    Facebook Twitter Pinterest WhatsApp
    SBF trial brings in FTX exec and experts, NY AG sues three crypto firms for fraud, Reddit kills blockchain program and FTC sues bankrupt Voyager
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp

    Welcome again to Chain Reaction.

    To get a roundup of Ztoog’s largest and most essential crypto tales delivered to your inbox each Thursday at 12 p.m. PT, subscribe right here.

    It’s week three of the Sam Bankman-Fried trial…how are you holding up?

    On Thursday, Can Sun, former FTX basic counsel, took the stand to testify on behalf of the prosecution’s case towards Bankman-Fried. Sun dove into the corporate’s phrases of service, how he documented loans from Alameda to FTX executives and the explanation he finally resigned, which you’ll examine right here.

    Nishad Singh, a former FTX government and head of engineering, testified earlier this week that he, Bankman-Fried and different executives on the change and its sister firm Alameda Research spent $8 billion price of buyer funds. The cash went to actual property, enterprise capital investments, marketing campaign donations, endorsement offers and even branding rights to a sports activities stadium, he added.

    Singh was the third FTX government to take the stand after Gary Wang, co-founder and CTO of FTX; and Caroline Ellison, CEO of Alameda. All three pleaded responsible for crimes concerning FTX and Alameda’s collapse and might withstand 75 years, 50 years and 110 years in jail, respectively.

    More particulars on the place the cash went could be discovered right here.

    In an identical tune, on day 11 of Bankman-Fried’s trial, Peter Easton, an accounting professor at University of Notre Dame, testified concerning whether or not or not the FTX collapse was predicated on fraud.

    When prosecutors requested Easton if FTX ever spent consumer funds, he bluntly mentioned, “oh, yes.”

    Read extra on Easton’s findings after compiling 1000’s of pages of financial institution statements and inside paperwork right here.

    This week in web3

    If you’re getting SBF trial fatigue, listed here are some articles on what else is going on in the wild world of web3.

    1. NY legal professional basic sues Gemini, Genesis and DCG for allegedly defrauding crypto buyers of over $1B
    2. Meet Alliance DAO’s newest accelerator cohort of startups constructing in crypto winter (TC+)
    3. Reddit is killing blockchain-based Community Points
    4. Asia emerges as a promising haven amid the crypto winter
    5. Trezor launches two new units to assist onboard crypto newbies
    6. FTC sues bankrupt crypto firm Voyager’s CEO over false FDIC insurance coverage claims

    The newest pod

    For this week’s episode, Jacquelyn interviewed Katherine Dowling, the overall counsel and chief compliance officer at Bitwise Asset Management.

    Bitwise is a crypto asset supervisor that’s identified for creating the world’s largest crypto index fund. The agency additionally filed for a bitcoin spot ETF in the U.S., making it one in every of a lot of firms whose functions are pending after the U.S. Securities and Exchange Commission (SEC) delayed its selections.

    Katherine beforehand has labored in compliance at True Capital Management and Luminate Capital Partners. Before that, she spent a decade as assistant U.S. legal professional, most lately in the financial crimes unit of the U.S. legal professional’s workplace for the Northern District of California.

    We talked concerning the standing of Bitwise’s bitcoin spot ETF utility and how latest developments with different firms’ related functions could convey on the momentum wanted for the monetary car to be accepted.

    We additionally talked about:

    • How regulatory authorized procedures have an effect on laws
    • Easiest locations to start out for crypto regulation
    • Key components for crypto corporations’ compliance
    • FTX trial being “baked in” for regulators

    Subscribe to Chain Reaction on Apple Podcasts, Spotify or your favourite pod platform to maintain up with the newest episodes, and please depart us a assessment for those who like what you hear!

    Also take a look at the newest episode on Equity, Ztoog’s podcast concerning the enterprise of startups, which dove into funding of web3 gaming corporations this week. (Spoiler: Web3 gaming capital inflows declined in Q3, however it’s not all that unhealthy.)

    Follow the cash

    1. DeFi protocol Elixir raised $7.5 million at a $100 million valuation
    2. Decentralized utility Fileverse raised $1.5 million to assist enhance collaboration and productiveness
    3. Animoca Brands subsidiary Darewise Entertainment raised $3.5 million in token presale
    4. Solana-focused Squads Labs raised $5.7 million to develop a mobile-focused sensible pockets
    5. MyShell raised $5.6 million to create AI-focused apps and creator ecosystems on the blockchain

    This checklist was compiled with info from Messari in addition to Ztoog’s personal reporting.

    What else we’re writing

    Want to department out from the world of web3? Here are some articles on Ztoog that caught our consideration this week.

    1. Ray-Ban Meta sun shades have ‘influencer’ written throughout them
    2. One yr post-acquisition, X visitors and month-to-month lively customers are in decline, report claims
    3. Tesla Q3 revenue falls 44% on EV worth cuts
    4. Hacker leaks tens of millions extra 23andMe consumer information on cybercrime discussion board
    5. Was Loom’s $975M exit a good worth? (TC+)

     

    Follow me on Twitter @Jacqmelinek for breaking crypto information, memes and extra.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp

    Related Posts

    Crypto

    GameStop bought $500 million of bitcoin

    Crypto

    CoinW Teams Up with Superteam Europe to Conclude Solana Hackathon and Accelerate Web3 Innovation in Europe

    Crypto

    Ethereum Net Flows Turn Negative As Bulls Push For $3,500

    Crypto

    Bitcoin’s Power Compared To Nuclear Reactor By Brazilian Business Leader

    Crypto

    Senate advances GENIUS Act after cloture vote passes

    Crypto

    Is Bitcoin Bull Run Back? Daily RSI Shows Only Mild Bullish Momentum

    Crypto

    Robinhood grows its footprint in Canada by acquiring WonderFi

    Crypto

    HashKey Group Announces Launch of HashKey Global MENA with VASP License in UAE

    Leave A Reply Cancel Reply

    Follow Us
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Top Posts
    The Future

    An Ode to Star Trek’s Undershirt Moments

    This week, Star Trek: Prodigy dropped the primary trailer for its second season, and it’s…

    The Future

    What to do After Work Instead of Watching TV?

    TV has a detrimental impact on folks. It could possibly be hazardous in a spread…

    Gadgets

    The Pixel 8 Pro can now read body temps, if you swipe it across your face

    (*8*) Step 1: get the cellphone as near your face as potential. Google Step two:…

    Technology

    Google Introduces a New Notebook

    Fourteen years after shuttering Google Notebook, Google is getting again into the net pocket book…

    Technology

    Secrets of the Octopus takes us inside the world of these “aliens on Earth”

    Enlarge / A Day octopus (Octopus cyanea) named Scarlet parachutes her net over a coral…

    Our Picks
    The Future

    A Fist-Sized Macintosh-Like That’s as Cute as It Is Mundane

    Technology

    Mesh Wearables Meld Micro Sensors and LoRa Smarts

    Gadgets

    The best 13-inch laptops for 2023

    Categories
    • AI (1,493)
    • Crypto (1,753)
    • Gadgets (1,804)
    • Mobile (1,850)
    • Science (1,866)
    • Technology (1,802)
    • The Future (1,648)
    Most Popular
    Science

    Mars rover finds signs of ancient Martian river

    AI

    S-Lab and NTU Researchers Propose Scenimefy: A Novel Semi-Supervised Image-to-Image Translation Framework that Bridges the Gap in Automatic High-Quality Anime Scene Rendering from Real-World Images

    The Future

    Samsung Galaxy Buds 2 Pro Review: Should You Buy These Wireless Earbuds?

    Ztoog
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • About Us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    © 2025 Ztoog.

    Type above and press Enter to search. Press Esc to cancel.