Newsletter Jan 26, 2023
Prosecutors Seize $50M Of Bankman-Fried's Funds From Controversial Bank

The money was seized from a little-known bank named Farmington State Bank, which is located in rural Washington state, court filings revealed.


Pro-Ripple Lawyer Alleges SEC Threatened To Bankrupt A Crypto Business

"SEC threatened to bankrupt an American entrepreneur before filing enforcement action and then proceeded to do so after filing the case. In a case that did not involve fraud or misrepresentation," Deaton claimed.



Celsius Reveals Plan To Exit Bankruptcy And Become A New And Regulated Company

Kwasteniet, Celsius' lawyer, told US Bankruptcy Judge Martin Glenn that the bankrupt crypto lender has been talking with its creditor groups on how to create a new company and launch a new token to creditors as part of its payout plan.

Visa Wants To Expand Role In Crypto, Reveals It's Working On Multiple Stablecoin, CBDC Intiatives

"It's very early days, but we continue to believe that stablecoins and central bank digital currencies have the potential to play a meaningful role in the payments space, and we have a number of initiatives underway," Visa CEO Kelly revealed.

How Digital Currencies Are Changing the Way We Gamble

Digital currencies have revolutionized the gaming industry.


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