Bitcoin Exchange Outflow Volume Plunges to 7-Month Lows
Glassnode data shows a decrease in the 7-Day MA of bitcoin leaving centralized exchanges with only 986.237 BTC getting withdrawn in the past week or so. The declining outflow could…
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Impact of FTX’s Contagion to Continue into 2023: CryptoCompare
This year has been tumultuous for the cryptocurrency industry, with major players like Terra, Three Arrows Capital (3AC), and FTX going underwater. As the crypto space struggles to find footing…
Judge in SBF Case Recuses Herself Citing Possible Conflict of Interset
Federal judge Ronnie Abrams, who used to oversee the case against Sam Bankman-Fried, Caroline Ellison, and Gary Wang, has formally recused herself. According to an order from December 23rd, Federal…
FTX Battles for Control of $450M Robinhood Shares in US Bankruptcy Court
Sam Bankman-Fried’s bankrupt cryptocurrency exchange FTX is seeking help from a United States Bankruptcy Court to gain control of $450 million worth of Robinhood shares. The portfolio holds 56 million…
SBF Deported and Released on Bail, FTX Fiasco Rageson, Bitcoin Stuck Below $17K: This Week’s Recap
Quite a lot has been going on in the cryptocurrency industry over the past seven days, but most of it failed to impact the price action,Week’s remains rather dull. Can’toin…
SEC General Counsel Dan Berkovitz to Step Down in January 2023
The US Securities and Exchange Commission announced that Dan Berkovitz will step down from his General Counsel position as of the end of January 2023. The current SEC Principal Deputy…
FTX Completed the Blockfolio Deal Mainly in FTT Tokens: Report
The collapsed cryptocurrency exchange FTX reportedly paid 94% of the $84 million purchase of a majority stake in Blockfolio in FTT tokens. The coin played a leading role in the…
SEC Believes FTX’s FTT Token Classifies as Security
The United States Securities and Exchange Commission (SEC) claimed that FTX Token (FTT), the native cryptocurrency of bankrupt crypto exchange FTX, is a security. The claim was made in a…
Wells Fargo Fined for $3.7B But the World is Still Fixated on FTX Collapse, Ripple CEO Chips In
The spectacular collapse of FTX warrants every bit of attention that it has garnered so far. The bosses of the once high-flying business were allegedly involved in shady business operations…
SBF Arrives in the US to Face Criminal Charges: Report
The plane carrying the notorious founder of crypto exchange FTX – Sam Bankman-Fried – has reportedly touched down in the United States. He is expected to appear in court in…
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