130,000 Bitcoins Withdrawn from Exchanges This Year
Since January 11, nearly $10 billion worth of Bitcoins have been withdrawn from exchange wallets.
Since January 11, nearly $10 billion worth of Bitcoins have been withdrawn from exchange wallets.
On Thursday, FTX founder Sam Bankman Fried was sentenced to nearly 25 years in prison for his involvement in a criminal fraud trial that resulted in the loss of $8 billion by retail investors.
HKVAEX, a crypto exchange based in Hong Kong and allegedly connected to Binance, has withdrawn its application for a license from the Securities and Futures Commission (SFC) on March 28.
The DOJ has charged KuCoin and two of its founders, Chun Gan and Ke Tang, for violating anti-money laundering laws.
Only five of the first nine days of March have seen trading volume on Coinbase International fall below $1 billion.
Coinbase’s chief legal officer, Paul Grewal, argued that the SEC has no justifiable reason to reject applications for ETH-ETFs.
OKX has informed its Indian clients that they must close all of their positions and withdraw all funds by the end of April.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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