SBF’s ‘Ghost Is Still in This Room,’ Congressman Says at Digital Asset Hearing

It’s not Halloween, but crypto critic Rep. Brad Sherman, D-Calif., is seeing ghosts.

Judge Approves Alternate Monitoring Software on SBF Parents’ Phones

Judge Lewis Kaplan approved the alternative method employed by Sam Bankman-Fried’s lawyers to monitor his parents’ cell phones despite not meeting some of the conditions set by the court.

SBF’s Lawyers Unable To Tap His Parent’s Phones To Meet Bail Conditions

Sam Bankman-Fried's legal team has requested a third extension on the enforcement of his revised bail conditions in the Southern District of New York. The lawyers cited difficulties in installing monitoring software on Bankman-Fried's parents' cell phones to capture a photo of the user "every five minutes." The legal team stated they were optimistic about finding a solution but needed more time to conduct further tests on the monitoring software to confirm its capabilities.

SBF Constantly Shaded CZ Before FTX Collapsed

Binance's Chief Strategy Officer, Patrick Hilmann, has accused Sam Bankman-Fried, the founder and former CEO of FTX, of consistently criticizing Binance's CEO Changpeng Zhao (CZ) before FTX's collapse. Hilmann called this behavior "shading" and alleged that SBF frequently spread fake rumors about CZ and referred to him as an "evil Chinese." Hilmann's tweet was based on a report by veteran business writer William Cohan, which included comments from financier Anthony Scaramucci.

SBF's Lawyers File for Second Extension to Comply with New Bail Conditions

Lawyers for FTX founder Sam Bankman-Fried (SBF) have filed for a second extension to comply with new bail conditions that were set in December 2022 but have been modified several times since then. The latest set of conditions, which were updated in March, require SBF to only use a flip phone with no internet access and a laptop with limited functionality, and to surrender all electronic devices.

CFTC Sues Binance and CZ; SBF Allegedly Paid $40 Million to Bride Chinese Official | Cointime Weekly Mar.26 – Apr.1

Do Kwon extradition sought by US and South Korea; US gov sold $216M of seized Silk Road Bitcoin this month; Denmark says Bitcoin profits are taxable; Ledger raises most of $109M round.

Some FTX Clients Want SBF’s Exchange to Come Back From the Dead Despite Being ‘Scammed’

Despite being described as "one of the biggest financial frauds in American history", a small group of FTX customers are hoping the troubled crypto exchange gets back in business. They track the exchange's financial statements in bankruptcy court, tally up the “reboot” meetings disclosed in lawyers’ hourly bills and document it all online. The company's new CEO, John Ray III, has floated rebooting the company, stating that "everything is on the table". However, the idea has left some industry experts scratching their heads, with one calling it "the oldest scam in crypto". FTX collapsed last fall after revealing it was short $8bn in customer cash, and its former CEO, Samuel Bankman-Fried, is currently facing trial on charges including bank fraud and bribery of Chinese officials.

SBF Hoarded Too Much Data for the FBI to Handle

The laptop of former FTX CEO Sam Bankman-Fried holds so much data that the FBI is struggling to analyze it, according to reports from Business Insider on March 30.

Crypto Evening Briefing: 3 Crypto Firms Land on the World’s Top 10 Leading Fintech Unicorns List

According to data acquired by Finbold, three cryptocurrency firms with a cumulative valuation of $42.3 billion made it to the list of top 10 leading fintech unicorns globally as of Q4 2022.

Sam Bankman-Fried to Plead Not Guilty to Bribery, Campaign Finance Charges: Reuters

FTX founder Sam Bankman-Fried will plead not guilty on charges of trying to evade campaign financing laws and attempting to bribe one or more Chinese government officials, Reuters reported on Thursday.