UK’s National Crime-Fighting Agency Seeks Six Crypto Investigators
A crime bill passed last week gives law enforcement agencies more powers to seize and freeze crypto.
Financial
‘Santa Rally’ Could Propel Bitcoin to $56K by Year-End, Matrixport Says
Bitcoin could rise to $56,000 by Dec. 31, in line with its record of maintaining bullish momentum in final months of the year.
U.S. SEC Subpoenas PayPal About USD Stablecoin, Company Says
In August, PayPal said it was entering the cryptocurrency market with its own U.S. dollar-pegged stablecoin, PayPal USD.
The Case Against Sam Bankman-Fried
The jury will begin deliberations by the end of Thursday.
Swiss National Bank to Work With SIX Digital Exchange, 6 Banks on Wholesale CBDC Pilot
The Helvetia Phase III pilot will create a tokenized version of the franc as a settlement instrument between financial institutions for digital assets on the exchange.
Genesis’ New Liquidation Plan Is a Material Swerve, U.S. Government Says
The bankrupt crypto lender appears to be no longer seeking to reorganize, after a lawsuit from the New York Attorney General dimmed hopes of a deal with parent company DCG.
St.Galler Kantonalbank Works With SEBA Bank to Offer Swiss Customers Bitcoin, Ethereum
The first tier of customers will be wealth-management clients; retail customers are next in line, and other coins and staking services are planned, said SEBA Bank’s Christian Bieri.
Bitcoin Put Options, Which Offer Downside Protection, Look Unusually Cheap. Will the Situation Last?
Historically, puts have seldom traded at cheaper valuations for a prolonged period.
Crypto at the Center of $300M Fraud Case in China
21 people were sentenced in a case involving converting ‘dirty’ USDT to RMB.
A Year After Sam Bankman-Fried’s Downfall, Solana and Other FTX Holdings Are Flying High
The value of FTX’s stake in Solana’s SOL token, for instance, has just added $1 billion in two weeks.