Prisoners’ Dreams to Stash $54M in Crypto in Exotic Locales Dashed as Feds Grab It for Treasury

Federal law enforcement has seized $54 million worth of cryptocurrencies from the leader of a notorious New Jersey drug ring, U.S. Attorney Philip R. Sellinger said Thursday in a statement.Source

The Other FTX Case

Most of the charges facing SBF this week won’t ever be relevant to most crypto companies. But charges the government cannot pursue today could be, say Andrew C. Adams and Kane Smith, at Steptoe & Johnson LLP.Source

Coinbase Beats Q3 Earnings Estimates While Trading Volume Falls

The crypto exchange’s third quarter transaction revenue rose/fell short from previous quarter.Source

Solana Is Down 15% Since Hitting a 14-Month High. Is the Rally Over?

Solana’s [SOL] spectacular comeback – up over 300% this year – has captivated crypto market participants after being one of the most beaten-down assets during the bear market.Source

Discredited Crypto Terrorist Funding Figures Gain Fresh Life in House Hearing

Despite a raging online debate discrediting the scale of crypto support for terrorist groups, the story continues to resonate in important places. Most recently on Thursday, the ranking Democrat at a hearing in the U.S. House of Representatives quoted a figure of $130 million in digital assets flowing to terrorists.Source

If PayPal’s Stablecoin Is a Security, Anything Could Be

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Here’s Why Bitcoin Will 10X From Here: Michael Saylor

The MicroStrategy executive chairman appeared on CNBC on day after the company reported its Q3 earnings.Source

Will Hashdex’s ‘Undeniable’ Distinctions Help Win Bitcoin ETF Race? Some Analysts Think So

ETF analysts watching the spot-bitcoin ETF race appear to be backing Hashdex’s modified application more than any other.Source

Market Sees 59% Odds Sam Bankman-Fried Is Found Guilty on All Charges – But There’s a Catch

Traders on crypto-powered Polymarket have bet a grand total of $4,512 on the question, underscoring the current limitations of prediction markets.Source

Abu Dhabi Enacts DLT Framework for DAOs, Web3, TradFi Firms

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