SBF Fraud Trial Begins as Crypto Winter Continues; AWS, Microsoft, and Google Probed Over Cloud Practices

Sam Bankman-Fried's criminal trial for fraud has begun in New York's Southern District court. Jacquelyn has been attending and will have extensive coverage.

Witnesses expected to testify include Matt Huang of Paradigm and Gary Wang, FTX co-founder who took a plea deal.

Funding in the web3 space continues to decline as the crypto winter drags on.

This week's Chain Reaction podcast featured a crossover episode with Alex Wilhelm to discuss the SBF trial.

In other news, AWS, Microsoft and Google face a UK probe over cloud lock-in practices.