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 SBF wants to subpoena documents from old FTXAlameda law firm to use in his defense

SBF wants to subpoena documents from old FTXAlameda law firm to use in his defense


Published: 2023-05-31


1) The main topic of the article is the legal battle between Sam Bankman-Fried (SBF),founder of FTX crypto exchange,and his former partner at Alameda Research,Gary Wang. SBF intends to subpoena documents from the law firm that FTX used to represent them during the creation of certain trading products. SBF believes that these documents will show that he acted in good faith,even if Wang disagrees. There is also a broader issue of trade secrets and intellectual property at play,as FTX claims that Wang is trying to use confidential information to compete with them. 2) One of the main products at issue is called "Bullish" and was created through a partnership between FTX and Bullish Global. Wang claims that SBF did not disclose the full extent of the relationship to him,which he argues was unethical since he was a partner at Alameda Research at the time. SBF denies that there was anything improper about the deal. 3) Another issue is whether or not certain contractual terms were violated when Wang departed Alameda. Wang's lawyers argue that he complied with the agreements,but SBF's team argues that he misappropriated confidential information and violated fiduciary duties. The documents that SBF is seeking could shed more light on this dispute. Overall,the legal battle between SBF and Wang raises questions about the obligations and expectations of partners in the highly competitive crypto industry. It remains to be seen what impact the subpoenaed documents may have on the outcome of the case.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 BTC title=BTC 70,820.00 3,861,813,211.65
2 ETH title=ETH 3,646.73 3,138,499,575.88
3 ARS title=ARS 1,136.60 2,115,548,482.90
4 SOL title=SOL 183.79 1,090,577,344.44
5 PEPE title=PEPE <0.01 599,412,660.27
6 DOGE title=DOGE 0.16 282,313,472.33
7 WIF title=WIF 2.78 258,079,514.98
8 XRP title=XRP 0.53 231,575,048.93
9 BONK title=BONK <0.01 192,594,052.62
10 GALA title=GALA 0.04 180,382,345.38
11 RUNE title=RUNE 7.06 168,441,506.20
12 ENA title=ENA 0.82 142,050,955.59
13 NEAR title=NEAR 8.10 139,702,530.54
14 FTM title=FTM 0.90 121,979,349.93
15 BOME title=BOME 0.01 118,714,422.94
16 AVAX title=AVAX 39.72 118,051,134.62
17 LINK title=LINK 16.94 115,155,115.48
18 RNDR title=RNDR 10.65 102,314,571.58
19 FLOKI title=FLOKI <0.01 91,075,324.30
20 PENDLE title=PENDLE 5.81 88,572,753.89
21 ETHFI title=ETHFI 3.89 87,717,942.17
22 OP title=OP 2.88 85,635,799.96
23 ETC title=ETC 31.26 83,072,592.96
24 WLD title=WLD 4.97 79,692,160.82
25 ADA title=ADA 0.50 79,311,366.25
26 PYTH title=PYTH 0.48 78,298,036.96
27 FIL title=FIL 6.14 70,275,089.91
28 BCH title=BCH 513.70 69,381,567.66

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Pyth Network title=PYTH 0.48 +33.85
2 Metis title=METIS 74.43 +26.58
3 Renzo title=REZ 0.13 +26.18
4 Bonk title=BONK <0.01 +25.18
5 Ethereum Name Service title=ENS 17.44 +22.39
6 Pepe title=PEPE <0.01 +22.30
7 Ether.fi title=ETHFI 3.89 +20.48
8 Pendle title=PENDLE 5.81 +19.54
9 Ethereum title=ETH 3,646.73 +18.93
10 Lido DAO title=LDO 2.04 +18.89
11 Wrapped Beacon ETH title=WBETH 3,784.40 +18.84
12 Optimism title=OP 2.88 +18.29
13 Ethena title=ENA 0.82 +17.91
14 Gnosis title=GNO 348.50 +17.90
15 Uniswap title=UNI 9.15 +17.79
16 Bounce title=AUCTION 15.77 +17.60
17 GMX title=GMX 33.94 +17.52
18 BEAMX title=BEAMX 0.03 +17.32
19 Injective title=INJ 27.93 +16.76
20 Wrapped NXM title=WNXM 76.95 +15.23
21 Massive Protocol title=MAV 0.40 +15.14
22 Starknet title=STRK 1.19 +14.92
23 Maker title=MKR 3,167.00 +14.83
24 Synthetix Network title=SNX 2.92 +14.72
25 Manta Network title=MANTA 1.61 +14.48
26 Balancer title=BAL 3.87 +14.23
27 SKALE title=SKL 0.08 +14.22
28 Aave title=AAVE 96.61 +13.83
29 Ren title=REN 0.07 +13.77
30 Theta Network title=THETA 2.45 +13.77

Bitcoin's Greed and Fear Index.

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76
Extreme Greed

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US news that has a significant impact on the market

at news day date time
1 FOMC Member Mester Speaks Monday 20-05-2024 19:00
2 Treasury Sec Yellen Speaks Tuesday 21-05-2024 09:00
3 FOMC Member Waller Speaks Tuesday 21-05-2024 14:00
4 FOMC Member Barkin Speaks Tuesday 21-05-2024 14:00
5 FOMC Member Williams Speaks Tuesday 21-05-2024 14:05
6 FOMC Member Bostic Speaks Tuesday 21-05-2024 14:10
7 FOMC Member Barr Speaks Tuesday 21-05-2024 16:45
8 FOMC Member Mester Speaks Wednesday 22-05-2024 00:00
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11 FOMC Meeting Minutes Wednesday 22-05-2024 19:00
12 Unemployment Claims Thursday 23-05-2024 13:30
13 Flash Manufacturing PMI Thursday 23-05-2024 14:45
14 Flash Services PMI Thursday 23-05-2024 14:45
15 New Home Sales Thursday 23-05-2024 15:00
16 Natural Gas Storage Thursday 23-05-2024 15:30
17 FOMC Member Bostic Speaks Thursday 23-05-2024 20:00
18 Core Durable Goods Orders m/m Friday 24-05-2024 13:30
19 Durable Goods Orders m/m Friday 24-05-2024 13:30
20 FOMC Member Waller Speaks Friday 24-05-2024 14:35
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22 Revised UoM Inflation Expectations Friday 24-05-2024 15:00

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