CoinDesk Podcast Network - MARKETS DAILY: Crypto Update | Ether Futures ETFs Emerge as SEC Extends Bitcoin ETF Decision Window

Noelle Acheson, the mind behind the Crypto Is Macro Now newsletter, delves into the SEC's crypto ETF delay, paving the way for a surge in ether futures ETFs, reshaping the crypto investment landscape.


Today's episode is sponsored by Kraken Pro.


Today’s Stories:

Valkyrie Gets Approval to Start Buying ETH Futures For its Existing Bitcoin ETF

Major TradFi Player VanEck Readies Ethereum Futures ETF

Valkyrie Backs Off Ether Futures Purchases Until SEC ETF Approval Officially Effective    

https://x.com/JSeyff/status/1707502718531633488?s=20

https://x.com/JSeyff/status/1707748562497368314?s=20      


From our sponsors:

Meet the all-new Kraken Pro. The powerful, customizable, beautiful way to trade crypto.

It’s Kraken's most powerful trading platform ever - packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface.

Head to pro.kraken.com and trade like a pro.

Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.

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This episode was hosted by Noelle Acheson. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Michele Musso. All original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CoinDesk Podcast Network - UNCHAINED: Here’s How Sam Bankman-Fried’s High-Stakes Trial Could Play Out

Nik De, CoinDesk's managing editor for global policy and regulation, discusses the importance of jury selection in the trial and how many years Sam Bankman-Fried may face if found guilty.


The trial of Sam Bankman-Fried, the founder and former CEO of bankrupt cryptocurrency exchange FTX, is set to begin on October 3. The 31-year-old is accused of committing wire fraud and conspiracy to commit other types of fraud, in relation to the dramatic collapse of his crypto empire last year, which led to billions in losses. Nik De, CoinDesk's managing editor for global policy and regulation, discusses the importance of jury selection, the potential testimony of key witnesses, and how many years Bankman-Fried may face if he is found guilty.

Show highlights:

  • Why SBF's lawyers keep requesting the FTX founder be released
  • Why the jury selection is so important and how long it could take
  • Why the DOJ opposed the proposed questions for the jury 
  • Why the Judge agreed with the DOJ in blocking some of the witnesses proposed by the defense team
  • How the defense team may try to discredit some of the proposed witnesses
  • Whether the argument of SBF receiving “poor legal advice” holds any ground
  • What role the political donations made by SBF may play in the trial
  • How many years SBF could face if he were to be found guilty


Thank you to our sponsors!

Crypto.com  |  Arbitrum Foundation  |  Hedera  |   Toku

Guest | 

Nik De, CoinDesk's managing editor for global policy and regulation

Previous appearances on Unchained:

How SEC Chair Gary Gensler's Views on Crypto Have Changed Since His MIT Days

Why the Ooki DAO Case Could Hurt Participation in DAOs

Links

Previous coverage from Unchained on Sam Bankman-Fried and FTX:

Why FTX Might Try to Claw Back Funds From Retail Customers

The Chopping Block: Was FTX a Scam From the Very Beginning? 

How Much Prison Time Is FTX’s Sam Bankman-Fried Facing? 

Why the Legal Process for FTX and Sam Bankman-Fried Could Take Years

The Chopping Block: SBF Wants to Win in the Court of Public Opinion. Will He?

Jesse Powell and Kevin Zhou on How FTX and Alameda Lost $10 Billion

Did the Bahamian Government Direct SBF and Gary Wang to Hack FTX?

The Chopping Block: Why Lenders Didn’t Liquidate Alameda When It Was Underwater 

Erik Voorhees and Cobie on Why FTX Loaned Out Customers’ Assets

The Chopping Block: FTX: The Biggest Collapse in the History of Crypto?

Sam Bankman-Fried on How to Prevent the Next Terra and 3AC

SBF’s defense team motions:

Judge Denies Sam Bankman-Fried’s Request for Temporary Release

U.S. Department of Justice Opposes Sam Bankman-Fried's Latest Move for 'Temporary Release'

Sam Bankman-Fried Can Use an 'Air-Gapped' Laptop in Court, Judge Rules

Judge Blocks Sam Bankman-Fried's Proposed Witnesses From Testifying

Key witnesses:

SBF’s Expert Witnesses Barred From Testifying at Trial

Who is Caroline Ellison, a key witness set to testify against Sam Bankman-Fried?

All of Sam Bankman-Fried's Proposed Expert Witnesses Should Be Barred From Testifying: DOJ

Sam Bankman-Fried is being sent to jail after a judge revoked his bail over alleged witness tampering

Jury selection:

Sam Bankman-Fried Can Ask DOJ Witnesses About Drug Use

Sam Bankman-Fried’s political donations can be surfaced in trial, rules judge

Unchained Podcast is Produced by Laura Shin Media, LLC.  Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CoinDesk Podcast Network - SBF TRIAL PODCAST: 09/29 Update

A glimpse into SBF’s mental health struggles and an update on his third request to be released from jail for the trial. 


Link to story: Sam Bankman-Fried Almost Tweeted About His Depression, Drafts Show

Sign up for The SBF Trial Newsletter


Credits: Sam Kessler, Nikhilesh De and Wondercraft AI Voice

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CoinDesk Podcast Network - SBF TRIAL: Inside Sam Bankman-Fried’s Trial Defense Episode 4

FTX founder Sam Bankman-Fried is a lot of things — but he’s not Bernie Madoff.


It's an important distinction, and one that will have to land with the jury at trial if SBF's legal team is going to have a chance at defending against the seven charges he's facing.


The good news: Even Bernie Madoff's former prosecutor, Marc Litt, knows this case isn't a repeat of the multibillion-dollar fraud perpetrated by America's most infamous fraudster.


The bad news: Fraud is still fraud.


"The case isn't about cryptocurrency — it's about, again, representations made and not kept. It's about taking money from one pocket and using it for purposes of another company in another pocket without the investor knowing that, and with taking efforts to conceal that. That's not hard for a jury to understand," Litt said.


In the fourth episode of our investigation into the SBF’s upcoming trial defense, we dig into how Sam Bankman-Fried could walk free. 



You can read and watch Coinage’s full reporting on SBF’s legal defense at Coinage.Media. Watch our full trial coverage at https://www.coinage.media/sbf-trial

Read the full Coinage Article


Sign up for the daily CoinDesk SBF Trial Newsletter


Credits: Wondercraft AI Voice, Coinage and CoinDesk. 



See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CoinDesk Podcast Network - MARKETS DAILY: Crypto Update | SEC Chair Faces Harsh Questions as Ether Spot ETF Proposals Hit Delays

Noelle Acheson, author of the Crypto Is Macro Now newsletter, explores the recent House Financial Services Committee hearing where SEC Chair Gary Gensler's struggle to define securities was brought to the forefront, accompanied by committee members highlighting SEC communication inconsistencies and a lack of cooperation, all against the backdrop of ETFs' prominent role.


Today's episode is sponsored by Kraken Pro.


Today’s Stories:

Bitcoin - Monthly Return

US small-cap stocks wilt in the heat of higher interest rates | Financial Times

 https://twitter.com/EricBalchunas/status/1707203091785732272?s=20

SEC Begins Consideration of Franklin, Hashdex Crypto ETFs, Delays Decision on VanEck, ARK Ether ETFs

SEC’s Gensler Throws More Crypto Punches in Congressional Hearing

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From our sponsors:

Meet the all-new Kraken Pro. The powerful, customizable, beautiful way to trade crypto.

It’s Kraken's most powerful trading platform ever - packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface.

Head to pro.kraken.com and trade like a pro.

Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.

-

This episode was hosted by Noelle Acheson. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Michele Musso. All original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CoinDesk Podcast Network - SBF TRIAL PODCAST: 09/28 Update

SBF receives some good news. Judge Kaplan has granted him permission to use a computer for taking notes and will allow him to wear a suit during the trial. 


Link to story: Sam Bankman-Fried Can Use an 'Air-Gapped' Laptop in Court, Judge Rules

Sign up for The SBF Trial Newsletter


Credits: Helene Braun, Nikhilesh De and Wondercraft AI Voice

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CoinDesk Podcast Network - SBF TRIAL: Inside Sam Bankman-Fried’s Trial Defense Episode 3

If SBF is found guilty, what should become of Binance’s CZ?


FTX’s collapse was in some ways triggered by Sam Bankman-Fried’s biggest rival.

Just days after CoinDesk published a report highlighting FTX’s shaky financials, Binance CEO  Changpeng Zhao (CZ) tweeted that he would be selling his $2.1 billion stake in FTX and dumping his treasure trove of FTX’s proprietary tokens. CZ may have been waiting years for the perfect moment to make his move.


But as we’ve covered in Episodes 1 & 2, SBF isn’t charged with FTX’s collapse – he’s charged with actions he took leading up to FTX’s collapse. So, as the Department of Justice takes a second look at CZ’s own actions in running his exchange, what should we make of similar allegations? Commingling of funds, encrypted communication, manipulated trading volume, too much centralized power, shadow companies and worse. 


The government has been reluctant to charge CZ criminally, out of fear that doing so could spark a bank run on Binance similar to the one that took down FTX. 

But the question is: If SBF goes to jail is CZ next?



You can read and watch Coinage’s full reporting on SBF’s legal defense at Coinage.Media. Watch our full trial coverage at https://www.coinage.media/sbf-trial


Read the full Coinage Article


Sign up for the daily CoinDesk SBF Trial Newsletter


Credits: Wondercraft AI Voice, Coinage and CoinDesk.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CoinDesk Podcast Network - SBF TRIAL PODCAST: 09/27 Update

Judge Kaplan addresses outstanding pre-trial issues, while SBF’s defense makes another attempt to get him out of jail for the duration of the trial. 


Link to story: Sam Bankman-Fried Can Ask DOJ Witnesses About Drug Use

Sign up for The SBF Trial Newsletter


Credits: Sandali Handagama, Nikhilesh De and Wondercraft AI Voice

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CoinDesk Podcast Network - MARKETS DAILY: Crypto Update | Bitcoin ETFs in Limbo, Regulatory Moves, and Global Crypto Growth

Noelle Acheson, the insightful author of the Crypto Is Macro Now newsletter, delves into the world of Bitcoin ETFs and the recent SEC delays, along with congressional pressure to advance ETF applications. Plus, explore how crypto platforms are expanding in Europe amid regulatory uncertainty.


Today's episode is sponsored by Kraken Pro.


Today’s Stories:

Japan to compile economic package to ease inflation pain | Reuters

PBOC to beef up support for recovery amid complex external forces - Chinadaily.com.cn

Cushing oil hub's low levels spur quality, operational, price worries | Reuters

SEC Extends Ark, Global X ETF Deadlines as Government Shutdown Looms

U.S. House Lawmakers Push SEC’s Gensler to Approve Spot Bitcoin ETF ‘Immediately’

Hearing Entitled: Oversight of the Securities and Exchange Commission | Financial Services Committee

https://x.com/Matt_Hougan/status/1706299462765982110?s=20

The Government Shutting Down Isn't Great for Crypto

Coinbase Successfully Registers With Spain's Central Bank

Kraken Pushes Forward on Expansion in Spain, Ireland With Key Regulatory Steps

Binance Restarts in Belgium Three Months After Order to Stop

Nomura's Laser digital asset arm gets Abu Dhabi ADGM in-principle license - Ledger Insights - blockchain for enterprise


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From our sponsors:

Meet the all-new Kraken Pro. The powerful, customizable, beautiful way to trade crypto.

It’s Kraken's most powerful trading platform ever - packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface.

Head to pro.kraken.com and trade like a pro.

Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.

-

This episode was hosted by Noelle Acheson. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Michele Musso. All original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CoinDesk Podcast Network - MONEY REIMAGINED: Breaking Down Barriers to Crypto Adoption | Insights from Jan Van Eck and Matt Hougan

A candid conversation with valuable perspectives on the dynamic world of crypto assets and how they have the capacity to transform conventional investment approaches.

In this edition of "Money Reimagined," Michael Casey presents excerpts from an interview conducted earlier this month with two prominent figures in fund management, both deeply involved in the world of cryptocurrency: Jan Van Eck, CEO of Van Eck Funds, and Matt Hougan, Chief Investment Officer at Bitwise Asset Management.

Van Eck and Hougan illuminate the hurdles in the path of crypto adoption, tackling essential topics like regulatory uncertainties and the necessity for a more comprehensive grasp of digital assets.

LINKS | 

Bitwise Asset Management 

VanEck 

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Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.