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The Robinhood shares were in principle owned by FTX co-founders Bankman-Fried and Gary Wang through their Emergent Fidelity Technologies holding company. FTX, now run by John Ray III, had asked a judge late last month to freeze the stock. Bankman-Fried naturally opposed the move, saying, in part, he needed the
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Bitcoin core dev Luke Dashjr has lost $3.6 million to a hack The perpetrators managed to gain access to Dashjr’s PGP key. Binance is monitoring the situation and CZ has offered to freeze the stolen funds if possible. The hack may be associated with a security breach that occurred in November 2022. Luke Dashjr,
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The status of the Venezuelan gold currently being held by the Bank of England might fall into regulatory limbo after the dissolution of the interim government of Juan Guaido. The 31 tons of gold have been the subject of dispute between the current president Nicolas Maduro and Juan Guaido since
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The Securities Commission of the Bahamas has revealed that it seized digital assets worth more than $3.5 billion from the collapsed crypto exchange FTX. The regulator explained that the cryptocurrencies were transferred to its wallets “for safekeeping” and “are being held by the Commission on a temporary basis.” Bahamas Regulator Seizes
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Many investors on Wall Street are increasingly becoming bullish about the crypto ecosystem and the technology powering the different digital assets.Prominent fund manager, Cathie Wood has acquired an additional 158,000 shares of Coinbase Global Inc (NASDAQ: COIN) worth a total of $5 million as the trading platform’s stock continues to
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As the bankruptcy proceedings take shape, chances are that these current withdrawals will be investigated and thanks to on-chain data, the flow of funds can easily be tracked.Alameda Research, the defunct trading firm belonging to the Sam Bankman-Fried, the founder and former Chief Executive Officer of bankrupt cryptocurrency trading platform,
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Three parties, the filing says, have tried to get control of those shares: BlockFi (a lender that FTX had helped prop up earlier this year), Yonathan Ben Shimon (an FTX creditor appointed as a receiver in Antigua and granted permission to sell the shares under supervision of a court there)
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The Digital Currency Group and its affiliates (DCG), which manages $296.7 million (280 million euros) in deposits and digital assets of crypto exchange Bitvavo for off-chain staking services, suspended repayments citing liquidity problems amid the bear market. However, Bitvavo announced to prefund the locked assets, preventing DCG-induced service disruption for
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The latest Tesla shares sale by Elon Musk has been tipped to feature Twitter and the need for the billionaire investor to meet some credit obligations with which he financed the acquisition of the social media platform.Elon Musk, the iconic Chief Executive Officer (CEO) of American electric automaker, Tesla Inc
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With the new $3.2 million in shares, Cathie Wood’s Ark Invest may now boast a total of $5.8 million COIN shares in its portfolio.Ark Invest CEO Cathie Wood has shown how much she is invested in “buying the dip” after throwing around some amount of cash to buy more Coinbase
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