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Third parties could return FTX funds directly to customers: Law firm

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According to Louise Abbott, FTX users could claim in court that assets “remained their property at all times” and could be treated separately from bankruptcy proceedings.

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Coin Market

Elon Musk 'shot down' OpenAI's ICO plan in 2018 over credibility concerns

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According to a court filing, Elon Musk said that the proposed initial coin offering (ICO) “would simply result in a massive loss of credibility for OpenAI.”

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CFTC clears 'second hurdle' for spot Bitcoin ETF options

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ETF analyst Eric Balchunas says “the ball” is now with the Options Clearing Corporation, forecasting that spot Bitcoin ETF options will “list very soon.”

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Crypto Biz: MicroStrategy’s Bitcoin bet swells

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This week’s Crypto Biz features MicroStrategy’s Bitcoin strategy, Coinbase’s and Kaiko’s recent acquisitions, MARA’s third-quarter earnings, and MoonPay’s new fiat gateway.

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