– Paxos confirms it made a mistake in paying over $500,000 in transfer fees and the Bitcoin miner who received the funds has returned the money.
– A bankruptcy court approves the sale of FTX digital assets, excluding Bitcoin, Ether, and certain insider-affiliated tokens.
– Digital Currency Group proposes a new agreement plan for Genesis Global creditors, with Gemini Earn users projected to recover all funds.
– Franklin Templeton files for a spot Bitcoin ETF with Coinbase as custodian and The Bank of New York Mellon as cash custodian.
– Several top executives depart from Binance.US amid layoffs and ongoing SEC action against Binance and its CEO.
– Bitcoin is at $26,465, Ether at $1,628, and XRP at $0.50. Top altcoin gainers include Toncoin, VeChain, and Bitcoin Cash, while top losers include ApeCoin, Astar, and Flare.
– The SEC charges Stoner Cats 2 LLC with conducting an unregistered securities sale through NFTs and imposes a cease-and-desist order and a $1 million civil penalty.
– OneCoin co-founder Karl Greenwood is sentenced to 20 years in prison and ordered to pay $300 million for fraud and money laundering.
– North Korea’s Lazarus Group is identified as responsible for the $55 million CoinEx hack.
– BitQuant predicts a Bitcoin price target of $250,000 after the next halving in 2024.