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FTX Seeks to Recover $700 Million from Sam Bankman Fried's Affiliated Funds


Now-defunct cryptocurrency exchange FTX has sued a former aide for Hilary Clinton and the former aide's investment firm, K5 Global, to retrieve $700 million in funds.  On Thursday, the company filed a complaint in Wilmington, Delaware, bankruptcy court, asking back the $700 million its founder Sam...

Valkyrie Funds Files Application for Spot Bitcoin ETF


Valkyrie Funds, a Tennessee-based asset manager, has filed with the U.S. Securities and Exchange Commission (SEC) for approval for a Bitcoin exchange-traded fund (ETF).  The investment firm recently filed an application for a spot Bitcoin ETF, joining a growing list of companies seeking to offer...

Binance, CZ Agree to Repatriate US Customer Assets, SEC Secures Court Order


Binance and the U.S. Securities and Exchange Commission (SEC) struck a deal to avoid the freezing of the crypto exchange’s assets in the United States. Under an emergency relief secured by the regulator, Binance agreed to repatriate to the U.S. funds held on behalf of customers of its American...

Playboy Founder’s Son Funds His Pokémon Obsession With An OnlyFans


Marston Hefner, the son of the late Playboy founder Hugh Hefner, is probably the most down-bad person on the planet. He started an OnlyFans account this year to sell tasteful and steamy nudes, and then used that secondary income to fund his habit of collecting Pokémon cards.Read more

Judge Postpones Asset Freeze as Binance US and SEC Agree to Work on Deal


A judge in Washington decided to give Binance US and the Securities and Exchange Commission (SEC) time to work out a deal to avoid the freezing of the exchange’s assets. The two sides are close to an agreement that will protect customer funds without paralyzing the crypto trading platform. Crypto...

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