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The cat-and-mouse game between net neutrality and the Federal Communications Commission, the US communications regulator, continues after a federal appeals court in the country once again struck down rules to protect consumers’ unrestricted access to the internet.
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Citadel, the hedge fund, was founded in 1990 by Ken Griffin, and currently boasts over $63 billion worth of assets under management, making it one of the largest hedge funds in the world.
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Interestingly, Nansen said the “steepest realized loss” came from Barstool founder Dave Portnoy’s wallet at $6.3 million. Portnoy was one of the project’s insiders but returned 6 million LIBRA tokens to Davis, tokens that Portnoy had received as payment for promoting the memecoin.
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https://warpcast.com/merfil89/0xbcd38a60
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https://warpcast.com/merfil89/0x69aee645
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https://warpcast.com/merfil89/0xcc08a018
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Meanwhile, Argentine President Javier Milei is reportedly facing fraud charges after endorsing a cryptocurrency project called LIBRA that collapsed in what has been labeled an insider scam.
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“Maybe they are concerned about $5 wrench attacks or trying to make themselves less of a target for attackers by saying their stack is all in ETFs now,” said Bitcoin pioneer Samson Mow
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DOGE’s work is set to conclude on July 4, 2026, in a “smaller government with more efficiency and less bureaucracy.”
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The new agency aims to “slash excess regulations, cut wasteful expenditures, and restructure the Federal Agencies,” according to the Nov. 12 announcement.
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Dorsey disallowed both claims in December, finding that Celsius’ original proofs of claim, which contained only a single sentence about investigating possible preference claims, were insufficient to preserve their preference claims.
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Celsius has been trying to claw back hundreds of millions from FTX, initially claiming $2 billion in damages over alleged “disparaging statements” that FTX officers made against Celsius that accelerated its fall. It later revised the claim to focus on “preferential transfers” that gave special treatment to some creditors and not others, claiming damages of $444 million.
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Collapsed crypto lending platform Celsius filed a notice of appeal against Judge John T. Dorsey’s order that disallowed its claims for damages from FTX as part of its ongoing bankruptcy case.
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“There will be intra-month volatility, but the pullbacks likely will be a “buy the dip” scenario for much longer than everyone expects,” Cheung said.
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On Dec. 9, Syncracy Capital co-founder Daniel Cheung said there will probably be more time for traders to take advantage of buying opportunities this cycle.
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Meanwhile, Bone Fide Wealth president Douglas A. Bentforth said in an X post, “the Fed cannot own Bitcoin, but they said nothing about Fartcoin.”
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Unlimited Funds co-founder Bob Elliot said in a Dec. 18 X post, “If Fartcoin is going parabolic, maybe monetary policy is far from “very restrictive.”
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Fartcoin launched on Oct. 24 and has seen significant volatility, reaching a market cap of $423 million on Nov. 22 before retracing all the way down to $160 million by Dec. 5.
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“Hedge fund managers will raise billions and hire teams of Ivy League grads just to underperform degen 14-year-olds trading Fartcoin in their mom’s basements,” Liquidity Capital founder said in a Dec. 18 X post.
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Investment research firm Hedgeye said in a Dec. 18 X post, “Fartcoin briefly hits $1 billion in market cap as investors flee risk assets, seek safety.”
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