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US DOJ announces seizure of 55M Robinhood shares

The Justice Department said it had seized 55,273,469 shares of Robinhood and more than $20 million in U.S. currency as part of the criminal case against Sam Bankman-Fried.

New York-based bank exits crypto after tumultuous year

The Metropolitan Bank Holding Corp, the holding company for Metropolitan Commercial Bank, says it’s completely exiting its crypto-asset-related vertical.

German regulator warns of new banking and crypto malware ‘Godfather’

The “Godfather” malware is also known to target 110 cryptocurrency exchange platforms and 94 cryptocurrency wallet apps.

Hong Kong wants to become crypto hub despite industry crisis

Hong Kong is doing its best to provide an appropriate amount of supervision to the crypto market in order to release the potential of technologies like Web3.

Swyftx to chop its 'Earn' program this week, citing murky regulations

Australian crypto exchange Swyftx has decided to close its Earn program due to a lack of clarity around crypto products regulation.

Hedge funds subpoenaed by U.S. prosecutors as Binance probe unfolds: Report

United States prosecutors are investigating hedge funds' relationships with cryptocurrency exchange Binance for money-laundering violations.

US authorities launch page to notify FTX's victims about SBF's case

According to the court filing, the number of victims in the FTX case made it “impractical” to rely on more traditional methods of notification.

Sam Bankman-Fried’s lawyers claim he needs Robinhood shares ‘to pay for his criminal defense’

The legal team confirmed the U.S. Departure of Justice was in the process of seizing the Robinhood shares but said SBF was “compelled to reply” given other claims.

Singapore’s lobbyists oppose proposed blanket ban on lending crypto tokens

The feedback was given in response to a proposed ban by the Monetary Authority of Singapore published back in October.

FTX customers want more info on FTX's plans to sell subsidiaries

While the Ad Hoc Committee does not want to prevent the sales from occurring, it argued it needs to be involved to ensure that customers' interests are represented.

French central bank governor pushes for crypto licensing ahead of EU laws

The Bank of France’s head said turmoil in the crypto markets proves the need to move to a mandatory licensing scheme for crypto firms "as soon as possible."

US authorities are turning their attention to FTX’s Nishad Singh: Report

FTX’s bankruptcy filings show a $543 million loan to former engineering director Nishad Singh, who was reportedly a part of the secret ‘wirefraud’ chat group.

US authorities to intensify scrutiny of crypto industry in 2023

The SEC, FASB, and IRS are working to tighten crypto regulations and expand industry oversight.

ECB official urges CBDC development for the good of cryptocurrency and consumers

ECB board member Fabio Panetta has woven his enthusiasm for blockchain technology and skepticism of cryptocurrency into an argument that supports both, albeit begrudgingly.

US senator behind efforts to pass major crypto bill won't seek re-election

Senator Debbie Stabenow was one of the lawmakers behind introducing the Digital Commodities Consumer Protection Act in August.

Three Arrows Capital founders subpoenaed on Twitter

3AC founders Zhu Su and Kyle Davies have been ordered to provide all documents in their possession or control, regardless of whether the information is held by them directly, or is in control of a third-party.

NY AG files lawsuit against Alex Mashinsky, alleging he hid Celsius’ 'dire financial condition'

Alex Mashinsky’s actions leading up to Celsius declaring bankruptcy allegedly contributed to investor losses by misrepresenting the platform’s financial condition to investors.

FTX's former top lawyer cooperated with the US in Sam Bankman-Fried case

FTX’s former compliance chief Daniel Friedberg started working for Sam Bankman-Fried in 2017 and resigned from FTX days before the exchange collapsed.

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