Close Menu
Ztoog
    What's Hot
    Crypto

    A ‘Decades-Long’ Investment, CEO Says, Despite Recent Downturn

    Science

    The Race to Find What’s Making America’s Dogs Sick

    Crypto

    Bitcoin Price Plunge To $12,000 Is Not Foreseeable

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

      OPPO launches A5 Pro 5G: Premium features at a budget price

      How I Turn Unstructured PDFs into Revenue-Ready Spreadsheets

      Is it the best tool for 2025?

      The clocks that helped define time from London’s Royal Observatory

      Summer Movies Are Here, and So Are the New Popcorn Buckets

    • Technology

      What It Is and Why It Matters—Part 1 – O’Reilly

      Ensure Hard Work Is Recognized With These 3 Steps

      Cicada map 2025: Where will Brood XIV cicadas emerge this spring?

      Is Duolingo the face of an AI jobs crisis?

      The US DOD transfers its AI-based Open Price Exploration for National Security program to nonprofit Critical Minerals Forum to boost Western supply deals (Ernest Scheyder/Reuters)

    • Gadgets

      Maono Caster G1 Neo & PD200X Review: Budget Streaming Gear for Aspiring Creators

      Apple plans to split iPhone 18 launch into two phases in 2026

      Upgrade your desk to Starfleet status with this $95 USB-C hub

      37 Best Graduation Gift Ideas (2025): For College Grads

      Backblaze responds to claims of “sham accounting,” customer backups at risk

    • Mobile

      Samsung Galaxy S25 Edge promo materials leak

      What are people doing with those free T-Mobile lines? Way more than you’d expect

      Samsung doesn’t want budget Galaxy phones to use exclusive AI features

      COROS’s charging adapter is a neat solution to the smartwatch charging cable problem

      Fortnite said to return to the US iOS App Store next week following court verdict

    • Science

      Failed Soviet probe will soon crash to Earth – and we don’t know where

      Trump administration cuts off all future federal funding to Harvard

      Does kissing spread gluten? New research offers a clue.

      Why Balcony Solar Panels Haven’t Taken Off in the US

      ‘Dark photon’ theory of light aims to tear up a century of physics

    • AI

      How to build a better AI benchmark

      Q&A: A roadmap for revolutionizing health care through data-driven innovation | Ztoog

      This data set helps researchers spot harmful stereotypes in LLMs

      Making AI models more trustworthy for high-stakes settings | Ztoog

      The AI Hype Index: AI agent cyberattacks, racing robots, and musical models

    • Crypto

      Ethereum Breaks Key Resistance In One Massive Move – Higher High Confirms Momentum

      ‘The Big Short’ Coming For Bitcoin? Why BTC Will Clear $110,000

      Bitcoin Holds Above $95K Despite Weak Blockchain Activity — Analytics Firm Explains Why

      eToro eyes US IPO launch as early as next week amid easing concerns over Trump’s tariffs

      Cardano ‘Looks Dope,’ Analyst Predicts Big Move Soon

    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

    Ethereum Breaks Key Resistance In One Massive Move – Higher High Confirms Momentum

    Crypto

    ‘The Big Short’ Coming For Bitcoin? Why BTC Will Clear $110,000

    Crypto

    Bitcoin Holds Above $95K Despite Weak Blockchain Activity — Analytics Firm Explains Why

    Crypto

    eToro eyes US IPO launch as early as next week amid easing concerns over Trump’s tariffs

    Crypto

    Cardano ‘Looks Dope,’ Analyst Predicts Big Move Soon

    Crypto

    Speak at Ztoog Disrupt 2025: Applications now open

    Crypto

    CME Expands XRP Futures Trading for Crypto Investors

    Crypto

    Top Analyst Predicts Ethereum Could Ignite Bull Rally If Price Surpasses $2,330

    Leave A Reply Cancel Reply

    Follow Us
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Top Posts
    Mobile

    Google says YouTube’s latest slowdown isn’t linked to ad blockers (Updated: AdBlock statement) –

    Edgar Cervantes / Android AuthorityTL;DR Google has confirmed that the latest YouTube slowdown has nothing…

    Gadgets

    OpenAI’s ChatGPT for Mac is now available to all users

    Enlarge / The app permits you to invoke ChatGPT from anyplace within the system with…

    AI

    Neural network pruning with combinatorial optimization – Google Research Blog

    Posted by Hussein Hazimeh, Research Scientist, Athena Team, and Riade Benbaki, Graduate Student at MIT

    Technology

    Intel announces new Core 14th Gen chips, including the HX-series for high-end laptops and 18 chips for desktops, and the new Series 1 for thin-and-light PCs (Andrew Cunningham/Ars Technica)

    (*1*) Andrew Cunningham / Ars Technica: (*1*)Intel announces new Core 14th Gen chips, including the…

    Crypto

    Analyst Rates Bitcoin As The Most Promising Asset For 2024, Predicts Price Potential Of $120,000

    Chief analyst of Singaporean alternate Bitget, Ryan Lee, has laid out some attention-grabbing Bitcoin value…

    Our Picks
    Mobile

    Google Play Store to let you uninstall apps remotely from other devices

    AI

    This AI Paper Proposes Uni-SMART: Revolutionizing Scientific Literature Analysis with Multimodal Data Integration

    AI

    Symposium highlights scale of mental health crisis and novel methods of diagnosis and treatment | Ztoog

    Categories
    • AI (1,482)
    • Crypto (1,745)
    • Gadgets (1,796)
    • Mobile (1,839)
    • Science (1,853)
    • Technology (1,790)
    • The Future (1,636)
    Most Popular
    Technology

    E3 Tech Expo Is Shutting Down

    Crypto

    Oman’s Regulator Looks for Public Feedback on Draft Crypto Regulation

    Gadgets

    HDMI Forum to AMD: No, you can’t make an open source HDMI 2.1 driver

    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.