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Ilya Lichtenstein and Heather Morgan, the husband and wife behind laundering millions of dollars worth of Bitcoin from the 2016 hack of cryptocurrency exchange Bitfinex, have both been sentenced to prison.
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Ulbricht was already in prison during Trump’s first term, causing some crypto users to question whether the soon-to-be president will actually commute his sentence. Ulbricht was sentenced to life imprisonment without the possibility of parole following his 2015 conviction for money laundering, computer hacking and conspiracy to traffic narcotics.
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Binance, the world’s largest crypto exchange, was approved as a licensed broker-dealer in Brazil, the most populous country in Latin America.
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Kekius Maximus is a mashup of the internet meme Pepe the Frog and Maximus Decimus Meridius, the main protagonist of the 2000 film Gladiator, played by Russell Crowe.
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This ETP, set to launch in Q1 2025, will provide traditional finance investors in Europe with exposure to Floki, a memecoin ranked 66th by market capitalization.
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The approval allows Binance to acquire São Paulo-based investment platform Sim;paul, a licensed broker-dealer authorized to distribute securities and issue electronic money (EMI), according to an announcement shared with Cointelegraph.
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Four of the top 20 countries in terms of global crypto adoption are from Latin America, namely Brazil, Mexico, Venezuela and Argentina.
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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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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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