The trial against Sam Bankman-Fried, the former CEO of the bankrupt crypto exchange FTX, faces a challenge due to jurors’ unfamiliarity with cryptocurrency. The complexity of the crypto world may pose difficulties for both the prosecution and defense. Prosecutors aim to simplify the case by presenting a straightforward narrative of deception and theft, possibly using analogies to traditional assets. The defense may present crypto in a more complex manner, highlighting regulatory ambiguities to show no intent to defraud. The judge has limited the use of expert witnesses, raising questions about Bankman-Fried’s potential testimony. Bankman-Fried has pleaded not guilty, facing over 100 years in prison if convicted on all counts.
Which EU Jurisdiction Offers the Best Path to a MiCA License in 2026?
The Markets in Crypto-Assets Regulation (MiCA), which took full effect on 30 December 2024, introduced a single, EU-wide rulebook for...
