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Since the beginning of the war, more than 2000 civilians have been killed by Russian missiles, according to official data. Help us protect Ukrainians from missiles - provide max military assisstance to Ukraine #Ukraine. #StandWithUkraine

Argentina reportedly required crypto platforms to register under new regulations, challenging the expected pro-crypto stance of President Milei's administration. This move, affecting both local and international operators, aims to meet global financial norms but is criticized for potentially stifling industry growth. ▪ Telegram ▪ X ▪ Community ▪ Source

The Chinese government has launched a blockchain project titled "Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative." The project is led by Conflux Network and is focused on creating a public blockchain infrastructure platform. ▪ Telegram ▪ X ▪ Community ▪ Source

Hong Kong lawmakers advocate for quick finalization of virtual asset custody licensing, marking the near completion of the region's virtual asset framework. ▪ Telegram ▪ X ▪ Community ▪ Source

Bitkub, Thailand's top crypto exchange, reportedly eyes an IPO in 2025. ▪ Telegram ▪ X ▪ Community ▪ Source

Tornado Cash developer Roman Storm is seeking to dismiss charges related to allegations of cryptocurrency laundering. ▪ Telegram ▪ X ▪ Community ▪ Source

Bitwise urges the US SEC to delay Ethereum ETF approval until December, citing the industry's Bitcoin focus. ▪ Telegram ▪ X ▪ Community ▪ Source

Tron seeks to dismiss the SEC lawsuit, claiming the SEC has no authority over tokens sold abroad. This follows allegations against Tron and Justin Sun of illegal sales and fraud last March. ▪ Telegram ▪ X ▪ Community ▪ Source

Telegram will allow owners of public channels with over 1,000 subscribers to earn 50% of ad revenue, available on Fragment soon. ▪ Telegram ▪ X ▪ Community ▪ Source

FTX plans to begin creditor payouts by end of 2024, with claim submissions open until at least June 2024, valuing claims at November 11, 2022 prices. ▪ Telegram ▪ X ▪ Community ▪ Source

Binance CEO Richard Teng visited South Korea to discuss market entry issues with financial authorities, following Binance's 2022 entry via Gopax acquisition. ▪ Telegram ▪ X ▪ Community ▪ Source

HKVAEX, linked to Binance, will close, mandating asset withdrawals by April 30 after retracting its Hong Kong SFC license application. ▪ Telegram ▪ X ▪ Community ▪ Source

ConsenSys advocates for a spot Ethereum ETF, citing its superior security and environmental benefits compared to Bitcoin ETFs. ▪ Telegram ▪ X ▪ Community ▪ Source

Pavel Durov, the CEO of Telegram, will be making an appearance at the TOKEN2049 Dubai as a speaker. ▪ Telegram ▪ X ▪ Community ▪ Source

💌💌💌💌💌 ✔️ This week's crypto market highlights: ⚫ Spain's High Court suspends Telegram ⚫ CommEX to cease operations ⚫ Interpol target Binance execs with warrant ⚫ KuCoin founders charged in US ⚫ OKX API glitch misreports user balances ⚫ 21Shares launches TON-based staking ETP ⚫ SBF gets 25-year sentence for FTX fraud ⚫ Binance exec sues Nigeria ▪ Telegram ▪ X  ▪ Community

Custodia Bank lost the lawsuit challenging the Fed's rejection of its master account application. Custodia sued the Fed in June 2022, arguing that the Federal Reserve Bank of Kansas City had been taking too long to make a decision on its application for a master account. Master accounts allow banks and depository institutions to directly access the Federal Reserve, rather than require them to go through intermediary banks. ▪ Telegram ▪ X ▪ Community ▪ Source

Grayscale is launching a proof-of-stake investment fund targeted at high-net-worth individuals. ▪ Telegram ▪ X ▪ Community ▪ Source

Taiwan reportedly approved the formation of a crypto industry association, marking a step towards regulatory clarity and self-regulation in the sector. ▪ Telegram ▪ X ▪ Community ▪ Source

Binance executive Tigran Gambaryan sued Nigeria's government, alleging rights violations during his detention. He seeks the return of his passport and a public apology. ▪ Telegram ▪ X ▪ Community ▪ Source

KuCoin's HKVAEX withdrew its virtual asset trading platform license application from Hong Kong's Securities Regulatory Commission after being sued by the US DOJ. ▪ Telegram ▪ X ▪ Community ▪ Source

Brazil's B3 stock exchange will reportedly start trading Bitcoin futures on April 17, approved by the country's securities regulator. The futures, tied to the Nasdaq Bitcoin Reference Price, offer a way to hedge against Bitcoin price changes without buying or selling actual Bitcoin. ▪ Telegram ▪ X ▪ Community ▪ Source

Google now allows users to search for wallet addresses and view balances on various blockchains including Bitcoin, Arbitrum, Avalanche, Optimism, Polygon, and Fantom. ▪ Telegram ▪ X ▪ Community ▪ Source

US and UK authorities are reportedly probing $20bn USDT trading via sanctioned Russian exchange Garantex, aiming to curb support for Russia's war in Ukraine. ▪ Telegram ▪ X ▪ Community ▪ Source

SBF was found guilty on seven charges of wire fraud and conspiracy in November 2023. Just before announcing SBF's 25-year sentence, Judge Kaplan said there was a risk "that this man will be in a position to do something very bad in the future, and it's not a trivial risk." ▪ Telegram ▪ X ▪ Community ▪ Source

⚡️⚡️⚡️⚡️⚡️⚡️ SBF is sentenced to 20 years in prison. ▪ Telegram ▪ X ▪ Community ▪ Source

Judge Lewis Kaplan stated that SBF’s claim that FTX’s customers will get their money back "is misleading, it is logically flawed, it is speculative." SBF's lawyers have said that the exchange has the assets to make its customers whole, while SBF has claimed: "The harm to customers, lenders, and investors is zero". FTX’s caretaker CEO has called this declaration “categorically, callously, and demonstrably false”. ▪ Telegram ▪ X ▪ Community ▪ Source

Judge Kaplan stated many facts are not disputed, including that SBF had a privileged background, has autism, and agreed with prosecutors' claim that SBF "wanted to be a hugely, hugely politically influential person in this country," and that that propelled his financial crimes. ▪ Telegram ▪ X ▪ Community ▪ Source

After SBF's lawyer spoke, SBF addressed the court directly, saying: "A lot of people feel really let down, and they were very let down, and I am sorry about that. I am sorry about what happened at every stage. And there are things I should've done and things I shouldn't have." ▪ Telegram ▪ X ▪ Community ▪ Source

SBF's lawyer, Michael Mukasey, said: "He [SBF] never sought out to be the king of crypto. He just wanted to have the largest positive impact in the world. But it was not ends justify the means, that would harm the altruistic movement." ▪ Telegram ▪ X ▪ Community ▪ Source

Judge Kaplan stated that he found the loss amount to victims of Bankman-Fried’s crimes exceeds $550m — the high end of the range given by federal sentencing guidelines. Kaplan further mentioned that he found there was a loss to investors of $1.7bn, a loss to Alameda lenders of $1.3bn, and a loss to FTX customers of $8bn. Furthermore, the Judge noted that he found SBF committed witness tampering before he was remanded into custody, and that he falsely testified that he had no knowledge that Alameda had spent FTX customer deposits before the fall of 2022. ▪ Telegram ▪ X ▪ Community ▪ Source

According to journalists, OKX has internally elevated its US-based compliance department to the highest priority among all departments. All operations are now conducted with the utmost priority by this compliance department. With the recent indictment of KuCoin and its founders, rumors surrounding the risks of other offshore exchanges are also emerging. OKX recently announced that it would delist USDT in Europe and conduct the largest USDT freeze in history with Tether. ▪ Telegram ▪ X ▪ Community ▪ Source