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#FTX

10 posts7 participants1 post today

GOP Majority Whip #TomEmmer, the man who wrote angry letters to the #SEC demanding that they stop bothering an innovative company like #FTX back in 2022, believes that the US government will be buying 1 million bitcoins for a price equivalent to 10-20% of the US defense budget for the “#StrategicBitcoinReserve” before the end of this session of Congress.

Here he is kissing Sam Bankman-Fried's ass on the floor of the US #Congress a few years ago: youtube.com/watch?v=MpIPlb7mYT

⚖️ Legal & Regulation
• U.S. court approves Three Arrows Capital's $1.53 billion claim against #FTX.
• Vermont regulators withdraw inquiry into #Coinbase's staking services.

🏛️ Market Highlights
• U.S. Democrats urge the Treasury to halt the #crypto strategic reserve, alleging Trump conflict of interest.
#WSJ reports Trump family began talks with #Binance on U.S. subsidiary shares last year; #CZ denies any bribery claims.