Judge rejects new trial for former FTX CEO Sam Bankman-Fried
Federal Judge Lewis Kaplan rejected Sam Bankman-Fried's motion for a new trial, calling it "a plan to rescue his reputation." The former FTX CEO, serving 25 years for fraud and money laundering, claimed new witnesses could counter insolvency claims. Kaplan ruled the evidence baseless, noting Bankman-Fried knew these witnesses pre-trial. The denial upholds the conviction's finality as appeals continue.
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Bitcoin is Reshaping Traditional Finance, Industry Leaders Say
Bitcoin's institutional adoption is accelerating through unexpected competitor collaboration, industry leaders said at Bitcoin 2026. Panelists highlighted infrastructure barriers: 99% of institutional capital cannot access Bitcoin due to regulatory constraints. They emphasized that hyperbitcoinization requires custody solutions and compliant products, not ideology. BlackRock's Bitcoin ETP exemplifies mainstream entry points. Bailey argued Bitcoin fundamentally changes traditional finance, not vice versa.
‘This Time Is Different’: A First of Its Kind Documentary Covering Bitcoin’s Four Year Cycle, David Bailey, And Nakamoto in Production
A new documentary titled "This Time Is Different" is in production, chronicling Bitcoin's four-year cycle and David Bailey's journey building Nakamoto Inc. (NASDAQ: NAKA) through its $710 million public launch via reverse merger. Expected winter 2027 release on a streaming platform, the film captures the highs, lows, and market resilience of launching a major Bitcoin company during volatile cycles.
Bitcoin rally falters as AI industry weakens and CLARITY Act approval odds fall
Bitcoin’s dip below $76,000 was driven by an AI sector sell-off and investors’ worries about slowed progress in the CLARITY Act negotiations....