Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Sam Bankman-Fried's criminal trial continued on Oct. 30, where he was asked to explain his previous derogatory remarks toward regulators. Meanwhile, CME now ranks second in the list of BTC futures exchanges and a hacker has reportedly stolen $4.4 million in crypto from 25 users that appear to be connected to LastPass.
Bankman-Fried grilled on his approach to crypto regulation
Former FTX CEO Sam Bankman-Fried was asked at his criminal trial to express his true feelings toward crypto regulation after it came to light that he had made disparaging remarks in the past.
Assistant U.S. Prosecutor Danielle Sassoon reportedly asked Bankman-Fried if he recalled his previous Twitter statements where he supported crypto regulation. "I don't remember," he said. Sassoon then asked, "But in private, you said, fuck regulators, right?"