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The former billionaire, who has since claimed to be worth no more than $100,000, is out of jail on a $250 million bond.
After evaluating several law firms, FTX’s unsecured creditors’ committee has chosen a legal adviser.
Inflation has fueled crypto growth in the region, stimulating asset tokenization and remittance infrastructure development.
The law included many digital currencies under the definition of legal payment methods in Brazil and established a licensing regime for virtual asset service providers.
Sam Bankman-Fried was held in the sick bay where he reportedly had access to running water, a toilet, a TV, and vegan food.
Bitcoin has never seen this particular “death cross” before in its life, one analyst notes as BTC price weakness continues.
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.
Intelligence officials that out of $620 million in crypto stolen by North Korean hackers this year, none were related to South Korea.
Analysts expect the bear market to loosen its grip in 2023. Here are five cryptocurrencies to keep an eye on.
