Sam Bankman-Fried Seeks New FTX Fraud Trial on Witness Claims
Sam Bankman-Fried has asked a federal court to grant a new trial in the FTX fraud case, citing newly available witness testimony he argues could undermine his conviction.
A wrapped token is a cryptocurrency that represents another asset on a different blockchain. It is backed one-to-one by the original asset and allows that asset to be used in decentralized applications on a blockchain it was not originally native to. For example, wrapped Bitcoin (WBTC) enables Bitcoin to be used on the Ethereum network. Wrapped tokens are created and managed through smart contracts or custodial arrangements. They maintain the value of the underlying asset while increasing interoperability.
Sam Bankman-Fried has asked a federal court to grant a new trial in the FTX fraud case, citing newly available witness testimony he argues could undermine his conviction.
Gemini’s decision to withdraw from the UK, EU, and Australia has intensified industry concerns that slow, overlapping regulation is undermining Britain’s crypto hub strategy.
US spot Bitcoin ETFs attracted $145 million in new inflows as Bitcoin hovered near $70,000, adding to signs that institutional selling pressure is easing.
Ripple has added new security and staking integrations to its institutional custody platform, aiming to simplify deployment for banks and regulated custodians.
Bernstein analysts maintained a $150,000 Bitcoin target for 2026, arguing the recent sell-off reflects a confidence shock rather than structural market stress.
Jump Trading is set to provide market-making services to Kalshi and Polymarket in exchange for equity stakes, deepening institutional involvement in prediction markets.
Telegram has launched Mira, a blockchain-based AI assistant integrated into chats, as the platform expands into AI services alongside crypto payments and commerce infrastructure.
Michael Saylor’s Strategy added $90 million in Bitcoin as prices traded below the company’s average acquisition cost, reinforcing its long-term accumulation approach amid market volatility.
A Bored Ape Yacht Club NFT purchased by Justin Bieber for $1.3 million in 2022 is currently valued at approximately $12,000.
Tether reported record USDT user growth and higher reserves in the fourth quarter of 2025, even as crypto markets suffered a sharp liquidation-driven downturn.