The first half of Friday’s testimony was basically “A History of FTX, presented by Samuel Bankman-Fried.” For those following the case over the past year, nothing new. For those of us who have been tracking FTX since its founding, maybe a bit of useful detail but basically really nothing new. But we’re not the intended audience – the jury is. One audience member in the overflow room, who said she did not have much familiarity with FTX or Bankman-Fried, said she found it useful. And I overheard a few people at the end of the day Friday say they found Bankman-Fried’s version of events plausible.
Does the SAB 121 Vote Mean Anything for Future Crypto Legislation?
Unfortunately however, the legislative measure is now heading to the desk of President Joseph Biden, who has vowed to veto...