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Added bonus WTF /2
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Enegnei authored Nov 5, 2023
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2 changes: 1 addition & 1 deletion _posts/newsletter/2023-10-01-October_2023.md
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Expand Up @@ -398,7 +398,7 @@ Thirdly, despite much resistance from Chainalysis, it now seems possible that an

> This ban on Mr. Sterlingov’s personal review of the evidence directly relevant to a core issue in this case – the inaccuracy of Chainalysis Reactor software and its lack of scientific validity – violates Mr. Sterlingov’s Fifth Amendment due process rights, particularly his right to put on a complete defense, and his Sixth Amendment rights to effective assistance of counsel and to confront his accusers.
**Bonus 'What Is Wrong With This Picture?' Moment:** On November 2nd, FTX CEO Sam Bankman-Fried was [found guilty on all charges](https://www.justice.gov/usao-sdny/pr/statement-us-attorney-damian-williams-conviction-samuel-bankman-fried) of wire fraud, wire fraud conspiracy, conspiracy to commit money laundering, conspiracy to commit commodities fraud, and conspiracy to commit securities fraud; the remaining charges from the indictment, of "[conspiracy to defraud the Federal Election Commission and commit campaign finance violations](https://www.justice.gov/opa/pr/ftx-founder-indicted-fraud-money-laundering-and-campaign-finance-offenses)," may [reportedly](https://www.youtube.com/watch?v=etyPcP73Tqg) still be prosecuted at some future date. Back in April, [**New York Times**](https://www.nytco.com/press/david-yaffe-bellany-joins-technology/) (NYT) [technology reporter](https://yaffebellany.com/) [David Yaffe-Bellany](https://twitter.com/yaffebellany), writing about the the Ryan Felton case (coincidentally where Bisbee's testimony was again involved in the prosecution), stated that "[Chainalysis has come to occupy an increasingly important position in the industry](https://archive.ph/XkhB9)."
**Bonus 'What Is Wrong With This Picture?' Moment:** On November 2nd, FTX CEO Sam Bankman-Fried was [found guilty on all charges](https://www.justice.gov/usao-sdny/pr/statement-us-attorney-damian-williams-conviction-samuel-bankman-fried) of wire fraud, wire fraud conspiracy, conspiracy to commit money laundering, conspiracy to commit commodities fraud, and conspiracy to commit securities fraud; the remaining charges from the indictment, of "[conspiracy to defraud the Federal Election Commission and commit campaign finance violations](https://www.justice.gov/opa/pr/ftx-founder-indicted-fraud-money-laundering-and-campaign-finance-offenses)," may [reportedly](https://www.youtube.com/watch?v=etyPcP73Tqg) still be prosecuted at some future date. Back in April, [**New York Times**](https://www.nytco.com/press/david-yaffe-bellany-joins-technology/) (NYT) [technology reporter](https://yaffebellany.com/) [David Yaffe-Bellany](https://twitter.com/yaffebellany), writing about the [*United States v. Ryan Felton*](https://www.courtlistener.com/docket/18242275/united-states-v-felton/) case (coincidentally where Bisbee's testimony apparently "[helped secure Felton’s guilty plea](https://www.chainalysis.com/blog/flik-coinspark-icos-chainalysis-expert-testimony/)"), stated that "[Chainalysis has come to occupy an increasingly important position in the industry](https://archive.ph/XkhB9)."
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> [After the FTX exchange imploded, its bankruptcy lawyers hired Chainalysis to disentangle the web of entities at the center of Sam Bankman-Fried’s empire and track the $400 million in crypto that a hacker stole from FTX’s accounts. Chainalysis has also been conducting some light diplomacy: In April, it hosted a conference in Manhattan to bring together government officials and the newly chastened crypto executives who are trying to win back their trust. Guests received socks stitched with the Chainalysis logo.
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