THE HASH: Sam Bankman-Fried Faces Four New Criminal Charges; Coinbase Launches Layer 2 Blockchain With No Plan to Issue New Network Token

The most valuable crypto stories for Thursday, Feb. 23, 2023. 

The hosts of "The Hash" weigh in as FTX founder Sam Bankman-Fried faces additional charges, including bank fraud allegations, under a new 12-count indictment. Coinbase (COIN) launched Base, a layer 2 network built using Optimism's OP Stack, to attract new crypto users. In a new filing, New York and Federal financial regulators say a $1.02 billion deal by Binance.US to purchase assets of defunct crypto lender Voyager Digital could prove discriminatory and unlawful. Plus, a federal judge rules that the offering of Dapper Labs’ NBA-branded “Top Shot” non-fungible tokens might be securities.

See also:

Sam Bankman-Fried Hit With Additional Bank Fraud Charges in New Indictment

Sam Bankman-Fried’s Lawyers Move to Quash Voyager Subpoena

Coinbase Launches Layer 2 Blockchain Base to Provide On-Ramp for Ethereum, Solana and Others

Cathie Wood's ARK Buys Over $13M of Coinbase Shares

NBA-Branded 'Top Shot Moments' NFTs May Be Securities, Judge Rules in Dapper Labs Case

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This episode has been edited by Ryan Huntington. The senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

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