Aug 28, 2023

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories in crypto today, including attorneys for Sam Bankman-Fried wanting to secure the FTX founder a "temporary release."

Video transcript

Cracks into the 2024 presidential elections and Sam Baman Fried still wants to be released from jail. You're watching Coindesk Daily, I'm your host, Jenna Bitcoin is trading around $26,000 amid generally bearish sentiment among crypto traders and the lack of new catalysts to rally markets. This comes as a intelligence reveals trading platform, Robinhood holds over $3 billion in Bitcoin in a single wallet that attracted the holdings over several months. This makes it the third largest Bitcoin holder behind crypto exchanges. Binance and bit as of Monday, Robinhood has not publicly commented on these holdings. Wood thinks Bitcoin is becoming a bigger issue for voters. The Ark Invest founder is calling it a quote, election year issue and quote. According to an upcoming podcast interview with the CEO of Benza, this comes as presidential hopefuls like Ron DeSantis and Miami Mayor Francis Suarez have promised to ban CBD CS if elected as commander in chief Bank Fried's attorneys are pushing for his release from jail again, lawyers for the FX founder have filed a new motion to secure his temporary release or at least have him meet with his defense team. Five days a week, citing his right to help prepare his defense. The judge has ordered prosecutors to respond to the letter by tomorrow and Shiba Inu Shiba Bridge is now fully functional. This comes weeks after a much hyped launch quickly fizzled out after being riddled with software bugs that led to millions of dollars in limbo on the network. Developers said in a Monday update that withdrawals of Shiba system tokens ship leash and wrapped Ether will take anywhere from 45 minutes to three hours to be processed while bone withdrawals could take up to seven days. That's a wrap for coindesk daily. Get more updates on coindesk dot com and we'll see you next time.

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.