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Unchained

Here’s How Sam Bankman-Fried’s High-Stakes Trial Could Play Out - Ep 549

Sep 29, 2023
Nik De, CoinDesk's managing editor for global policy and regulation, weighs in on the high-stakes trial of Sam Bankman-Fried, the founder of the now-bankrupt FTX. He discusses the significance of jury selection and how public perception may impact the process. Key strategies for the defense are examined, including the challenges of discrediting proposed witnesses. Nik also touches on the implications of Bankman-Fried's political donations and the potential prison time he faces if convicted, making for a gripping legal analysis.
38:01

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Jury selection and trial preparation, including discrediting witnesses, will play a crucial role in Sam Bankman-Fried's trial.
  • Regulatory scrutiny, such as questions about Bitcoin regulation and market developments, continues alongside the trial.

Deep dives

SEC Chair under scrutiny for Bitcoin ETFs

SEC Chair Gary Gensler faced scrutiny from US lawmakers who urged him to approve spot Bitcoin ETFs. The SEC has delayed decisions on Ethereum and Bitcoin ETFs. Meanwhile, Hong Kong's Securities and Futures Commission is preparing to authorize the use of blockchain for tokenized traditional investment products.

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