Judge Allows Bankrupt FTX to Sell Its Crypto Holdings, Including BTC and SOL
Crypto exchange FTX can sell and invest its crypto holdings to pay back creditors, a judge in the U.S. Bankruptcy Court for the District of Delaware ruled Wednesday.Source
The Protocol: The CFTC Is Cracking Down on Crypto
The U.S. Commodity Futures Trading Commission placed a trio of decentralized crypto platforms into its crosshairs last week. An aggressive set of charges from the CFTC – which zeroed in on how the trading platforms handle certain kinds of third-party token swaps – contrasted with the regulator’s more lenient image.Source
Surprisingly Few U.S. Customers Want Their Bittrex Money Back
The U.S. Secret Service kept millions on the exchange, company lawyers told a bankruptcy court – but other creditors have been strangely reluctant to ask for their funds back.Source
CoinDesk Indices Expands Into APAC Region in Deal With ICE Futures Singapore
ICE Futures Singapore’s bitcoin futures contracts will now be known as CoinDesk Bitcoin Futures contracts.Source
Zodia Custody Looks to Drive Institutional Access to Polkadot Ecosystem
The company plans to provide custody for the Polkadot ecosystem, offering digital asset storage services for financial institutionsSource
Fear of FTX-Spurred Crypto Crash Is Overblown, Analysts Say
Crypto markets slumped Monday, possibly in part due to fears of FTX unloading its $3.4 billion crypto assets.Source
Judge Denies Sam Bankman-Fried’s Bid for Release From Jail Ahead of Trial
A federal judge refused Sam Bankman-Fried’s bid to be released from jail ahead of trial on Tuesday.Source
Gensler Hearing Shows Key Senate Democrat Digging in Heels on Crypto
While U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler was in the hot seat at a Senate hearing on Tuesday, the most important crypto sentiments may have come from Sen. Sherrod Brown (D-Ohio), who tarred much of the industry as dangerous fraudsters.Source