Sam Bankman-Fried (SBF) has filed a motion for a new trial, seeking to overturn previous legal proceedings. The move comes amid ongoing legal challenges faced by the former FTX CEO.
Meanwhile, Michael Saylor, co-founder of MicroStrategy, has dismissed concerns about a potential forced sale of the company's Bitcoin holdings. Saylor reaffirmed the company's commitment to its Bitcoin strategy, despite market volatility.
In other news, JPMorgan has reduced its price target for Coinbase to $290 ahead of the company's upcoming earnings report. The adjustment reflects cautious sentiment in the market as Coinbase prepares to release its financial results.
SBF Seeks New Trial, Saylor Dismisses Forced-Sale Concerns, JPMorgan Lowers Coinbase Target
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