Sam Bankman-Fried requests new trial claiming FTX had $16.5 billion surplus in 2022, but does it matter?

Sam Bankman-Fried filed a motion for a new trial on Feb. 10, advancing a claim that reframes FTX’s collapse not as fraud-driven insolvency but as a recoverable liquidity crisis. The motion invokes Rule 33 of the Federal Rules of Criminal Procedure, which permits courts to grant new trials when “the

Bithumb’s Bitcoin Blunder Puts Burden on Users as Legal Case Favors Civil Recovery

Legal experts say civil claims offer Bithumb the clearest route to recovering Bitcoin mistakenly distributed in a $43 billion error. 

Cathie Wood’s Ark Invest Sees AI Driving a Prolonged CapEx Boom—Here’s Why

ARK says Massive AI CapEx from Google and Amazon is just the beginning, with recent breakthroughs signaling a years-long investment wave. 

OpenAI Adds Custom ChatGPT to Pentagon Platform as Expert Warns of Risks

The Defense Department will use a custom version of ChatGPT for unclassified work, even as technology advocates warn about human error. 

Citadel Securities Teams Up With LayerZero on New Blockchain Push

The new permissionless chain aims to fix scale and coordination limits that have kept other institutional efforts constrained. 

Robinhood’s Ethereum Layer-2 Network Enters Public Testnet Phase

Robinhood said developers will begin experimenting with applications on its Ethereum layer-2 network, while providing key technical feedback. 
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