Sam Bankman‑Fried, founder of the once illustrious cryptocurrency exchange FTX, tendered a formal plea for a new trial on February 10, in the United States District Court. His arguable motion bares up that his earlier conviction for fraud and laundered money was born from a mistaken story about the exchange’s financial sobriety.
Pray, consider the latest pronouncement from the esteemed IMF. Stablecoins, once the mere playthings of crypto enthusiasts, have now ascended to a station of global consequence, reshaping the very flow of currency with an air of audacity.
Consider, if you will, the plight of those who wander the crypto markets, their eyes fixed upon the fluctuating fortunes of Bitcoin and Ethereum. In their haste, they are but sheep led to the slaughter, their seed phrases offered up like sacrifices to the gods of phishing. Phantom’s in-app Chats, a feature born of convenience, has become a double-edged sword, expanding the social attack surface and tempting the unscrupulous to exploit the credulous.
At present, Ethereum appears to have at least one of Fortune’s favours alighting upon its enterprise, thus keeping the prospect of revival in view.
firms that treat regulation as a strategic scaffold, not a barricade, are the ones destined to endure-like veteran butlers in a changing house.
Bybit EU, the European arm of Bybit and a MiCAR-licensed crypto-asset service provider, is signing on for three years, so the event will be known as the Bybit Stockholm Open from 2026 through 2028.
Sam Bankman-Fried claims FTX wasn’t actually bankrupt when it initially filed for bankruptcy protection. He states he didn’t authorize the filing, but rather that his legal team took control of the company and filed for bankruptcy themselves just hours later, allegedly to misappropriate funds.
Apparently, chasing “accelerationist AGI” is as smart as chasing a bus you’ll never catch. Vitalik’s like, “Let’s not hand the keys to Skynet just yet, yeah?” His plan? Marry Ethereum and AI in a shotgun wedding of trust and decentralization. Romantic, right?
Neal Kumar, Polymarket’s chief legal officer (and presumably the person who gets to say “Objection!” in a dramatic courtroom voice), announced that the firm has filed a federal lawsuit. Why? Because apparently, Massachusetts doesn’t know its place. Kumar quipped, “Congress gave the CFTC, not states, exclusive authority over event contracts. These are national markets with critical questions that must be resolved in federal court. Racing to state court to try to shut down Polymarket US is like showing up to a blockchain party with a flip phone-it’s just not going to fly.”
