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Hodler’s Digest Dec. 4-10 By Cointelegraph

by Index Investing News
December 11, 2022
in Finance
Reading Time: 2 mins read
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Goldman Sachs buying crypto firms, FTX news, 3AC and Celsius updates: Hodler’s Digest Dec. 4-10

7 class action lawsuits have been filed against SBF so far, records show

Former FTX CEO Sam Bankman-Fried has been named in seven class action lawsuits filed since the fall of his crypto empire. These lawsuits, however, are separate from the numerous probes and investigations examining the crypto exchange and its founder, including a reported market manipulation probe by federal prosecutors. Another headline shows the United States House of Representatives has called on SBF to speak at a hearing on Dec. 13. Amid investigations by lawmakers and a flurry of civil litigation, SBF hired former federal prosecutor Mark Cohen to act as his defense attorney. A team of financial forensic investigators was also hired by FTX’s new management to track down the billions of dollars worth of missing customer crypto.

3AC subpoenas issued as dispute grows over claims of Terraform dump

An order signed by a federal judge overseeing the bankruptcy proceedings of Three Arrows Capital has authorized subpoenas for the company’s former leadership, including co-founders Su Zhu and Kyle Davies. Under the authorized subpoenas, Zhu and Davies are required to hand over any recorded information, including books, documents, records, and papers related to the firm’s financial affairs or property. The founders will not be served on Twitter, as previously required by the advisory firm and liquidator in this case, Teneo.

USDC issuer Circle terminates SPAC merger with Concord

Bankruptcy judge orders $44M in crypto to be returned to Celsius customers

Goldman Sachs (NYSE:) reportedly looking to buy crypto firms after FTX collapse

takes liquidity near $17K as US dollar shows weakness pre-CPI

Bank of Russia wants to ban miners from selling crypto to Russians

Nigeria bans ATM cash withdrawals over $225 a week to force use of CBDC

Iran set to freeze bank accounts of women who refuse to wear a hijab

Decentralized identity: Proving its really you in the 21st Century

Inside South Koreas wild plan to dominate the metaverse

Blockchain is the only viable path to privacy and censorship resistance in the 21st century

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