This Week on Unchained: A Bad Week for SBF, Uniswap Fees, NYAG Targets DCG, Genesis, Gemini, and More!
Don't miss this week's extensive content on the trial against FTX founder Sam Bankman-Fried! Plus, a new episode of The Chopping Block just released!
📚 The Cryptopians - Out in Paperback Tuesday!
Find out the inside story of the rise of Ethereum in Laura’s book, “The Cryptopians.”
New episode of The Chopping Block!
A Rough Week 3 for SBF, DCG Troubles, Fees at UniSwap
Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest news. This week, the four discuss – and disagree about – Uniswap’s new fees, SBF trial week 3, and DCG potentially being taken out by the NY Attorney General.
👨⚖️ Sam Bankman Fried’s Trial Coverage
Sam Enzer, a partner at the law firm Cahill Gordon & Reindel, told Laura that compelling evidence from Sam Bankman-Fried’s inner circle had increased the difficulty for the fallen FTX CEO to convince a jury of his innocence. Former FTX head engineer Nishad Singh said that he became suicidal after understanding the full magnitude of FTX’s misuse of customer funds, while ex-chief legal counsel Can Sun helped show how SBF allegedly lied to lawyers.
Samson Enzer and Greg Strong, partner at DLX Law, dissect the second week of the criminal trial of Sam Bankman-Fried. At this point, the prosecution’s star witness, former Alameda Research CEO Caroline Ellison, has testified, as well as another prominent insider, cofounder Gary Wang. Both Enzer and Strong believe that it’s already over for the defense, but agree that the only thing that could turn it around is testimony from SBF himself—but that runs the risk of the defendant significantly increasing his sentence.
Find out how they thought the more salacious details of Ellison’s testimony, concerning alleged bribes to Chinese government officials, would affect the jury, and why Enzer believes introducing that testimony may have been risky for the government.
Watch or Listen to Laura’s Daily Recaps 👇
SBF Trial, Day 12: Former FTX General Counsel Speaks Out Against SBF
Former FTX General Counsel Can Sun took the stand, revealing that Sam Bankman-Fried had asked him to find legal justifications for FTX’s $7 billion deficit.
SBF Trial, Day 11: How Alameda Got FTX Into a $9 Billion Hole
On day 11 of the SBF Trial, a mix of financial experts and technical witnesses testified, including a notable testimony from accounting professor Peter Easton. His analysis revealed a staggering gap between FTX’s liabilities and assets. However, the day was not without controversy as the judge questioned the relevance of some witnesses.
SBF Trial, Day 10: Defense Struggles to Discredit Nishad Singh’s Testimony
On day 10 of the SBF Trial, the defense aimed to undermine the credibility of ex-FTX head engineer Nishad Singh, who on Monday testified against former FTX CEO Sam Bankman-Fried. Meanwhile, FBI Agent Richard Busick exposed Bankman-Fried’s connections to high-profile politicians.
SBF Trial, Day 9: Nishad Singh Describes Former FTX CEO as a Bully and Big Spender
On day nine of the SBF Trial, FTX head of engineering Nishad Singh took the stand again detailing the crypto exchange giant’s alleged financial mismanagement and former CEO and Sam Bankman-Fried’s bullying management style and seeming indifference to his company’s mushrooming debt.
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