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The FTX founder, Sam Bankman-Fried, has publicly declared his innocence. He responded to charges of fraud, money laundering, and recent allegations concerning breaches of election campaign finance laws.
He articulated his defense on August 22nd in the Southern District Court of New York. CBDC Emerges as a Key Talking Point in the Presidential Race
The US presidential election is just a year and a half away, but the debate about the role of central banks and the Federal Reserve System in introducing CBDC is already intensifying. Some presidential candidates have made their stance clear, unequivocally stating that they will not tolerate the introduction of digital dollars. South Korea: new president faces resistance to crypto-friendly reforms
Yoon Suk-yeol, who won the March presidential election, has encountered difficulties in realizing his campaign promises. In particular, he announced the implementation of crypto-friendly reforms and the raising of the tax threshold for income from investments in digital currencies. However, within the framework of the current legislation, it is impossible to implement the plan. Guatemala Uses Bitcoin Blockchain for Presidential Elections
Guatemala has become the world's first nation to utilize the BTC blockchain for presidential election vote tallying. Remarkably, the Bitcoin network was not employed for cryptocurrency transactions; instead, it played a pivotal role in guaranteeing transparency and upholding democratic principles in the voting process.
John Reed Stark, ex-chief of the SEC's Office of Internet Enforcement, believes the current SEC won't approve a Bitcoin spot ETF due to various reasons.
However, Stark suggests that if a Republican wins the 2024 presidential election, the SEC might ease its crypto-enforcement and be more open to a Bitcoin spot ETF.
He also speculates that SEC chair Gary Gensler might resign, potentially paving the way for Hester Peirce, known as "Crypto Mom", to take a leading role. Turkey's Election Outcome Could Affect Crypto Industry's Future
Today's presidential elections in Turkey, where President Recep Erdogan faces strong rival Kilicdaroglu, could significantly impact the country's financial landscape and cryptocurrency industry. The outcome of the elections could play a crucial role in determining the future financial landscape of the country, particularly in relation to the cryptocurrency industry. FTX's Sam Bankman-Fried sponsors the Democratic Party
It will not be easy for Donald Trump in the upcoming presidential election: in opposition to him is one of the most eccentric and wealthy people in the crypto world, the great and terrible “Curly Sam” - the owner of the FTX exchange Sam Bankman-Fried. 


