Prosecutors argued SafeMoon CEO Braden John Karony poses a flight risk given his alleged access to funds and overseas connections. Source …
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SEC’s first window to approve all 12 spot Bitcoin ETFs to begin today
There’s an eight day window between Nov. 9 and Nov. 17 where all 12 spot Bitcoin ETF filings could be approved by the SEC, according to Bloomberg ETF analysts James Seyffart and Eric Balchunas. Source …
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Ex-Cantor execs launch crypto lending platform in expectation of Bitcoin ETFs
The new platform Tokenet hopes to capitalize on institutional interest following the potential approval of a spot Bitcoin ETF. Source …
US lawmaker proposes to cut SEC chair Gary Gensler’s salary to $1
The Financial Services and General Government bill proposes to drastically cut funding to the SEC and other government agencies. Source …
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Bug in Fed’s payment system prevents Americans from getting paid
Banks stressed customer accounts “remain secure,” and balances will be updated as soon as the issue is resolved. Source …
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BTC price cools off, but ‘You can never have too much Bitcoin,’ says Saylor
Bitcoin price cooled off after an impressive 30% monthly gain, but MicroStrategy CEO Michael Saylor made the case for why he remains bullish on BTC. Source …
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Sam Bankman-Fried ‘doubled down’ by buying Binance’s stake in FTX — US prosecutors
The prosecution is delivering its closing arguments at the Southern District Court of New York, where SBF’s trial has been taking place since Oct. 3. Source …