Newsletter Nov 14, 2022
SBF May Be Criminally Liable For 'Embezzling' Customer Funds— Crypto Lawyer

A reading of FTX's "terms of service" shows that customer funds are not the property of FTX.


3 Major CEX Platforms Under Scanner For Allegedly Faking Proof Of Reserves

Huobi was the latest CEX to share its proof of reserves via the Work Report on Asset Transparency released Sunday.



FTX Faces Criminal Misconduct Probe By Bahamas Police And Local Securities Commission

FTX was previously based in Hong Kong but moved its headquarters to the Bahamas in September 2021.

Crypto.com Accidentally Sends Enormous Funds to Gate.io

Crypto.com's careless management of funds leads to the firm erroneously sending around $400 million to Gate.io, another crypto exchange.

Binance to Expand Operations in Cambodia

Binance has entered into a joint venture deal with the Royal Group of Companies of Combodia in an attempt to increase its presence in the country.

Shiba Inu Payments Now Accepted By This Luxury Hotel In Dubai

SHIB fans were not too happy with the announcement due to the significant decline in the price of the meme coin over the past year.

Crypto On Nov. 14: Bitcoin Loses $16,000 While Ether Retains $1,100

In the last 24 hours, BTC fell 5.69% while ETH dropped 6.78%.


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