"SBF's Second Trial in March Exposes Crypto's Vulnerabilities"
TL;DR Summary
Sam Bankman-Fried, former FTX CEO, has been found guilty on seven charges and awaits sentencing on March 28. He also faces additional charges, including foreign bribery, in a second trial scheduled for March 11. The U.S. Department of Justice has until February 1 to decide whether to proceed with the second trial. While a settlement might seem likely, former prosecutor Brendan Quigley suggests there could be challenges to reaching an agreement.
- Prosecutors will likely proceed with SBF’s second trial in March TechCrunch
- Essay | Why Are We So Obsessed with Sam Bankman-Fried's Parents? The Wall Street Journal
- We've Seen the FTX Collapse Before CoinDesk
- Editorial: SBF made crypto suffer. Now the industry must turn the page. Chicago Tribune
- Opinion | Sam Bankman-Fried’s fraud trial reveals crypto’s weakness The Washington Post
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