Good morning, beautiful people,Well, the SBF case has started...more on this later.

Let's grab some snacks, sit back, and uncover the developments in the crypto world!

• 🖖 Lawyers Split Verdict

• 👺 Who's Behind Nakamoto?

• 🎭 FTX Drama Begins

⛔ Ripple's Legal Rollercoaster: SEC's Appeal Denied

In a courtroom where legal ping pong seems to be the game of choice, Ripple's latest win has lawyers split on the scoreboard.

Judge Analisa Torres recently blocked the SEC)'s interlocutory appeal against Ripple.Sounds painful! 🤣The echo in the legal corridors varies; while some belt out victory tunes for Ripple, others hum a more cautionary note.

Jeremy Hogan, a crypto law enthusiast, branded the judge's order as a "harrowing defeat" for the SEC.In stark contrast, Bill Hughes of ConsenSys warned against reading too much into it, likening such appeals to the rare unicorn sightings in most trials.Gabriel Shapiro of Delphi Labs reinforced the idea that this isn't a full stop for the SEC's fight.

As the gavel's echo fades, the legal chorus is varied, but one thing's clear: Ripple's courtroom drama is far from its final act.Will this thing ever end? I'm beginning to think not! 🙄

🗑️ Crypto Calls on Musk: Dump 'Satoshi' Profile!

Elon Musk is used to space explorations, but now he's navigating the curious case of the crypto community's outcry.

On planet X (previously known as Twitter), Musk is being nudged to evict one of his platform's digital tenants: an account that claims to be Bitcoin's mysterious maker, Satoshi Nakamoto.

Leading this spacewalk is Pledditor, a crypto-enthusiast. Pointing to the platform's rulebook, Pledditor notes that masquerading with misleading identities isn't just out of fashion; it's against X's terms.Dang...he broke out the rulebook! 📖To illustrate, it's like dressing up as "Tesla" or "Elon Musk" at a fancy dress party and not revealing your true identity.

Some detective work uncovered a name, Andy Rowe, from 2018, connected to this Satoshi account.So, not Craig Wright, then? 🤣The profile had been dormant ever since. But recently, it stirred from its digital hibernation, dropping hints on Bitcoin's white paper.

While Musk ponders, the crypto community is clear: X marks the spot, but this Nakafauxto needs to go!

💇 SBF Trial Kicks Off: Haircuts, Jurors, & Surprises!

Former FTX CEO Sam Bankman-Fried started his trial not only with a legal shift, but rocking a hairstyle change too!

Early on, Judge Lewis Kaplan informed Sam that he has the right to defend himself vocally. But will he stand up and speak?

While pleas are common, in this courtroom scene, there were none. Mark Cohen, SBF's lawyer, validated this. Sam has been playing the "I’m innocent" card, so no surprise there.Sam the snake...trying to wriggle away! 🐍

Judge Kaplan gave the potential jurors a glimpse into the future, suggesting that their six-week commitment might end sooner.He listed the charges against Sam, reminding them that they should remain unbiased. A few piped up, sharing their links to FTX or crypto losses. By the day's close, 50 jurors remained, ready for the final selection.

On the witness front, both sides are bringing the big guns to the table. Names from Alameda Research, FTX, and more emerged, along with a list of companies with stakes in the courtroom drama.Meanwhile, SBF's defense is already pushing back, not keen on having FTX customers testify, especially not the Ukrainian who saw his savings vanish.Erm...why? Feeling the sting of what you've done Sam? 🗡️

Day One verdict? Gavel down, the stage is set!

DailyCoin Daily Meme

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Caught in the Act: Do Kwon Boasts About Thin Air Transactions

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