In this last crypto week of 2022, it happened: Bithumb researchers predicted that trust will return to crypto markets next year, while the founder of the Octopus Network said that the crypto winter would last at least another year. Famous investor Bill Miller remained bullish on bitcoin despite the recent crypto crisis, Michael Saylor continued to invest in BTC with a €42,8 million purchase via MicroStrategy, and Changpeng Zhao shared his views on why of the recent FUD surrounding Binance. Galaxy Digital has decided to purchase Argo's Helios Bitcoin mining facility and provide an additional €35 million loan to help with restructuring efforts, as no deal has been reached in acquisition talks between Nexo and Vauld, with two lenders sharing contractual information.
In the saga of FTX's legal troubles, US SEC General Counsel Dan Berkovitz resigned amid reports that he met and had dinner with Sam Bankman-Fried (SBF), SBF was to file a statement related to the criminal charges against him, and spent several hours with The Big Short author Michael Lewis while he was under house arrest as the US Department of Justice opened a criminal investigation into the FTX hack.
Meanwhile, Gemini founders Tyler and Cameron Winklevoss have been sued by investors over their Gemini Earn interest-generating program, a man has been charged with criminal offenses in the United States for allegedly attempting to steal around €110 million through manipulation of Mango Markets, an executive of a scam crypto exchange that duped more than 50,000 investors out of €1,7 billion has been found guilty and will serve an eight-year prison sentence. A South Korean hacker stole €6,7 million from the crypto wallets of the deceased CEO of a trading empire that included Korbit and Bitstamp, as North Korean state-sponsored hacking group begins posing as venture capitalists looking to invest in cryptocurrency startups. Speaking of scams, Shark Tank star Kevin O'Leary's Twitter account was hacked and promoted a shady giveaway of BTC and ETH.
While all this was going on, the People's Bank of China updated its digital yuan app and added new gifts and hospitality features, and Japan's Financial Services Agency set to lift a long-standing ban on the distribution of stablecoins issued by foreign companies. ,
Summary of the news done, you have been perfectly informed, let's not laugh at some jokes.
Happy New Year!