FTX Lawyers Slam 3AC’s $1.5B Claim — Say Collapse Was Entirely Self-Inflicted
FTX lawyers reject Three Arrows Capital’s $1.5B claim, stating it stems from 3AC’s own trading failures and margin breaches, not FTX’s actions.
FTX rejects 3AC’s $1.5B claim, citing ‘failed trading strategy’
FTX lawyers reject Three Arrows Capital’s $1.53B claim, stating it stems from 3AC’s failed trading strategy. They argue the claim is baseless and inflated, with only $82M in legitimate liquidation.
Coinbase Secures MiCA License, Expanding Crypto Services Across EU – Decrypt
Coinbase secured a MiCA license via Luxembourg, enabling crypto services across all 27 EU countries. This follows similar regulatory efforts by Gemini, OKX, and Crypto.com in Europe.
Saylor hints next Bitcoin buy as investor sues over Strategy’s Q1 loss
Michael Saylor hints at more Bitcoin purchases for MicroStrategy amid a lawsuit over $5.9B Q1 losses due to BTC volatility and alleged misleading statements by executives.
OKX Eyes Wall Street Debut After April Comeback: Report
OKX, a top global crypto exchange, is considering a US IPO after settling with authorities and relaunching operations. The move follows a $504m penalty for regulatory violations and a recent return to the US market.
XRP ETF Odds Jump to 95% as SEC Shows Positive Signals, Bloomberg Analysts Say – Featured Bitcoin News
Bloomberg analysts predict a 95% chance of XRP ETF approval as SEC signals positivity, potentially transforming crypto markets and boosting institutional adoption.
Texas Joins Growing List of US States With Bitcoin Reserves – Decrypt
Texas has established a Strategic Bitcoin Reserve, joining other US states in holding Bitcoin as a hedge against inflation. The fund has strict eligibility and custody rules, with only Bitcoin currently qualifying.
Solana (SOL) and Aptos (APT) Named As Top Candidates for Wyoming’s Proposed Stable Token Program – The Daily Hodl
Wyoming’s Stable Token Commission considers Solana and Aptos as top candidates for its proposed stablecoin program, aiming to deploy a state-backed digital currency using Layer Zero infrastructure.
South Korean Court Jails Cross-border USDT Money Launderers
A South Korean court sentenced two Vietnamese nationals to two years in prison for using USDT to launder money from voice phishing scams, transferring funds cross-border via cryptocurrency.
Texas Govt. Signs Strategic Bitcoin Reserve Into Law – Details
Texas has enacted SB 21, establishing a strategic Bitcoin reserve independent of the state treasury, becoming the third US state to do so. The law allows investment in high-cap cryptocurrencies like Bitcoin and Ethereum.
