| SBF has been arrested by the Bahamas police, and the United States may request his extradition; Binance customers had a net withdrawal of $1.14 billion yesterday (December 14)
headlines
SBF Arrested by Bahamas Police, U.S. May Seek Extradition
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headlines
SBF Arrested by Bahamas Police, U.S. May Seek Extradition
In addition, according to Bloomberg, citing sources, Bahamas officials are investigating whether FTX executives knew or played a role in user withdrawals that occurred after FTX assets were frozen. Among them, SBF has been questioned by investigators many times.
cryptocurrency
FTX founder SBF enters Bahamas court for arraignment
FTX founder SBF enters Bahamas court for arraignment. An adviser to FTX founder SBF said that SBF is reviewing the allegations with his legal team and that SBF is considering all legal options. FTX CEO Ray expects it will take weeks or months to secure all of the company's assets. RAY also stated at the hearing that FTX and Alameda did not segregate their assets and were investigating the use and whereabouts of Alameda’s $1 billion loan to SBF. (Golden Ten)
BTC's short-term rise approached 18,000 USDT, an increase of 5.19% in 24 hours
CZ: Binance customers have net withdrawals of $1.14 billion
Tether: will reduce secured loans in reserves to zero in 2023
Tether announced that starting now, by 2023, it will reduce secured loans in Tether reserves to zero.
Paxos Treasury Burns Over 550 Million Binance USD Stablecoins
Investment and Financing
Investment and Financing
It is reported that Public Pressure was established in 2015. Earlier this year, it transformed the Web3 platform and built it based on the Polkadot blockchain. It aims to promote the transition of the music industry to the Web3 field, and has also established partnerships with major fashion brands including Diesel. Its headquarters are in London but it has offices in Europe, Hong Kong and the US. (Music Business Worldwide)
It is reported that Public Pressure was established in 2015. Earlier this year, it transformed the Web3 platform and built it based on the Polkadot blockchain. It aims to promote the transition of the music industry to the Web3 field, and has also established partnerships with major fashion brands including Diesel. Its headquarters are in London but it has offices in Europe, Hong Kong and the US. (Music Business Worldwide)
DeFi infrastructure provider Sooho.io has completed a $4.5 million Series A+ round led by Woori Technology Investment. The company will use the funds to develop a range of blockchain tools for building decentralized financial applications connected to the country’s independent crypto networks. (CoinDesk)
It is reported that Breez’s Lightning Network client provides services such as Lightning Network point-of-sale software and local podcast players, and develops Lightning Network-based applications and use cases through its unmanaged Lightning SDK. Breez was previously backed by Seetee, the bitcoin-focused subsidiary of Norwegian investment group Aker. (Bitcoin Magazine)
It is reported that Breez’s Lightning Network client provides services such as Lightning Network point-of-sale software and local podcast players, and develops Lightning Network-based applications and use cases through its unmanaged Lightning SDK. Breez was previously backed by Seetee, the bitcoin-focused subsidiary of Norwegian investment group Aker. (Bitcoin Magazine)
global policy
NFT game DOGAMÍ completes USD 7 million seed round expansion financing, led by XAnge
global policy
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The Canadian Securities Administrators (CSA) has announced a series of reforms to make Canada’s existing regulatory framework for crypto asset trading platforms (CTPs) more stringent. For the first time, the Canadian Securities and Exchange Commission has publicly stated its view that "stablecoins or stablecoin arrangements may constitute securities or derivatives." Many registered CTPs offer Canadian clients the ability to trade USD stablecoins, who are obligated to make cash transfer schemes. In addition, CSA also announced that it will implement stricter pre-registration commitment terms and conditions, such as prohibiting the provision of margin or leveraged business to customers. (mccarthy)
NFT project mfers founder Sartoshi announced that he will return to the encryption community
People familiar with the matter: SBF charged with wire fraud, securities fraud and money laundering
According to the New York Times, citing people familiar with the matter, the U.S. Attorney for the Southern District of New York confirmed that SBF has been indicted and said that the indictment will be released on Tuesday. People familiar with the matter said that the charges include wire fraud, wire fraud conspiracy, securities fraud, conspiracy to Securities Fraud and Money Laundering. SBF, the only person charged in the indictment, has been detained by Bahamian authorities, the person said.
US SEC accuses SBF of defrauding investors through FTX
