On today's CoinMarketRecap with Connor Sephton, Silvergate Bank is winding down — we'll bring you the latest. Tens of millions of dollars are spent on FTX lawyers in a single month — as the company asks to pay $4 million in bonuses to key staff. And all of this comes as Sam Bankman-Fried's legal team hints they may ask for October's trial to be delayed. Plus — is Ether a security? The SEC says yes, but the CFTC says no. You can follow us on Twitter — @ConnorSephton and @CoinMarketCap.