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Year: 2022

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Argo Blockchain Avoids Bankruptcy with $65 Million Deal with Galaxy Digital

• Argo Blockchain (ARBK) has agreed to sell its Helios mining facility in Dickens Country, Texas, to Galaxy Digital for $65 million. • Argo will also get a new $35

  • admin
  • 31. December 2022
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DOJ Launches Criminal Probe into 400M FTX Hack: Insider Suspected

• The US Department of Justice has reportedly launched a criminal probe into the alleged hack of FTX-controlled wallets. • Over an hour after the suspected hack began, FTX General

  • admin
  • 30. December 2022
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Judge Kaplan Assigned to High-Stakes Fraud Case Against Bankman-Fried

Bullet Points: • U.S. District Judge Lewis Kaplan has been assigned to preside over the fraud case against former FTX CEO Sam Bankman-Fried. • Kaplan was appointed to the Manhattan

  • admin
  • 30. December 2022
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Mystery Hacker Walks Away with $200 Million in QuadrigaCX Bitcoin

• Over 100 bitcoin belonging to collapsed crypto exchange QuadrigaCX has left wallets tied to the exchange, with a majority flowing through a privacy tool. • QuadrigaCX collapsed in January

  • admin
  • 28. December 2022
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Brazil Approves Crypto Assets for Investment Funds: Access to Crypto Market Expands

• The Brazilian Securities and Exchange Commission (CVM) has approved the ability for investment funds to include crypto assets among their holdings. • In order to be part of fund

  • admin
  • 26. December 2022
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Low Crypto Adoption Can Lead to More Informed Decisions

• Pareidolia is a phenomenon where people see patterns where there aren’t any, often with helpful effects in the wild. • Association fallacies are used to resist progress and can

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  • 26. December 2022
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2 Million Investors Lose Funds to Rug Pull Scams: Report

• A new report from blockchain risk monitoring firm Solidus Labs shows that fraudsters deployed over 117,000 scam tokens from Jan. 1 to Dec. 1, 2022, a 41% increase over

  • admin
  • 26. December 2022
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SEC Boosts Crypto Regulation with Near-Doubled Enforcement Team in 2023

• The Securities and Exchange Commission (SEC) is continuing to regulate crypto assets by enforcement in 2023, with a nearly doubled team size. • The SEC believes that the “vast

  • admin
  • 26. December 2022
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Wash Trading Rampant in NFT Market: Over $30B Traded Illegally

• A recent report has revealed that wash trading is a major problem in the non-fungible token (NFT) market, accounting for 58% of total NFT trade volumes on Ethereum in

  • admin
  • 25. December 2022
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Mythical Games Sues Execs for Stealing $150M, Layoffs Follow

• Mythical Games has filed a lawsuit against three former executives for breaching fiduciary duty and stealing plans for raising capital. • The lawsuit requests that the executives return the

  • admin
  • 25. December 2022

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