DeFi News Today TheBitTimes.com

The Sam Bankman-Fried (SBF) trial’s first day ended with multiple jurors dismissed; selection will resume for another day before the trial starts. The U.S. District Court in New York aims to select 12 jurors and six alternates, with the process slated to finish on Oct. 4. Dismissals and delays Judge Lewis Kaplan dismissed several potential jurors on the first day, Oct. 3, citing conflicts of interest and other factors. Several potential jurors disclosed that they or their relatives had suffered financial setbacks in the crypto market. The jury select ion process, known as voir dire, has touched on a range of issues. These include personal beliefs and financial hardships that could affect potential jurors’ impartiality. Assistant U.S. Attorney Danielle Sassoon listed several potential witnesses and individuals connected to the case, underlining the broad scope of the investigation. Juror number 29, Zal Dang, expressed reservations about his ability to be impartial in a...

Former FTX CEO Sam Bankman-Fried, is scheduled to ask a 2nd U.S. Circuit Court of Appeals to order his release from a New York prison weeks before the start of a trial where he faces seven criminal charges. Bankman-Fried and his attorneys will have five minutes to convince a trio of judges that remaining at the Brooklyn Metropolitan Detention Center (MDC) will deter SBF’s ability to prepare his defense, according to Reuters. This is SBF’s second attempt following a decision by a Southern District of New York court to deny his pre trial release After U.S. District Judge Kaplan Lewis revoked Bankman-Fried’s $250 million bail, his lawyers said the ruling violated SBF’s Sixth Amendment rights.  They argued that easy access to Bankman-Fried would be crucial in building a defense ahead of the trial slated to kick off Oct. 3.  Judge Kaplan’s ruling on Aug. 11 found that prosecutors proved that the FTX founder had probable cause to tamper with witnesses. The ruling came aft...

Nissan has recently filed four new Web 3 trademarks for its Infiniti, Nismo and Nissan brands. Japanese automotive brand Nissan has become the latest car manufacturer to ramp up its Web3 efforts, filing four new Web3-related trademarks filed in the United States, while its Japan unit is experimenting with auto sales in the metaverse. According to Nissan’s Mar. 7 trademark applications to the United States Patent and Trademark Office (USPTO), the new filings cover its Infiniti, Nismo and Nissan brands. #NISSAN has filed 4 trademark applications for ️ INFINITI ️ NISMO ️ NISSAN The filings signal plans for Virtual Clothes + Cars Stores for Virtual Goods + NFTs NFT Marketplaces + Trading + Minting Metaverse Advertising Services# NFT #NFTCommunity # Metaverse # Web3 #Car pic.twitter.com/iG3ZVgyD5t — Mike Kondoudis (@KondoudisLaw) March 13, 2023 The filings to the USPTO reveal Nissan's plans to create virtual clothes, cars, headgear, trading cards, toys, tickets, and an NFT marketp...