Bankrupt cryptocurrency exchange FTX has proposed a new reorganization plan that would see a whopping 98% of its creditors get back 118% of their claims – in cash – within 60 days of court approval, according to new documents filed Tuesday evening.Source
Looking to strengthen its market share in the Asia region, Wintermute will become a liquidity provider to the recently launched Hong Kong-listed spot bitcoin and ether exchange-traded funds.Source
Catching up on the biggest news from the real-world asset space.Source
The NBA’s Victor Oladipo and racecar driver Landon Cassill also struck deals, and a group of Voyager investors said this was the “first tranche” of settlements with promoters of the former cryptocurrency lender.Source
Several Democrats on the House Financial Services Committee have a bill coming this week to target money laundering through cryptocurrency mixing services, said Rep. Sean Casten (D-Ill.), one of its backers.Source
You would think the government would be against an online privacy service facilitating money laundering. But it actually created one of the best, says attorney Alexandra Damsker.Source
U.S. authorities have identified Russian national Dmitry Khoroshev as the mastermind behind the notorious LockBit ransomware gang, and are offering a $10 million reward for information that leads to his arrest.Source
“As an environmental lawyer, scion of a Democratic political dynasty, and now maverick presidential candidate, Kennedy will explain his support for cryptocurrency and self-custody,” according to a statement.Source