BlockFi reaches nearly $1B settlement w/FTX, New York Community Bank gets $1 billion injection!

EddieJayonCrypto

 7 Mar 24

tl;dr

1. Digital Currency Group (DCG) seeks to dismiss a lawsuit alleging fraud and deceit by the New York Attorney General, maintaining the claims are baseless.2. New York Community Bank receives a $1 billion capital injection led by Steven Mnuchin's Liberty Strategic Capital to stabilize the bank after ...

1. Digital Currency Group (DCG) seeks to dismiss a lawsuit alleging fraud and deceit by the New York Attorney General, maintaining the claims are baseless.

2. New York Community Bank receives a $1 billion capital injection led by Steven Mnuchin's Liberty Strategic Capital to stabilize the bank after revealing a $2.4 billion loss.

3. A federal judge rules that certain crypto transactions violate securities law in a default judgment, potentially impacting future SEC cases against crypto exchanges.

4. The Arizona state senate considers a resolution to include Bitcoin ETFs in government retirement plans, reflecting growing interest in crypto investments.

5. The Spanish government orders Worldcoin to cease data collection, while Elon Musk files a lawsuit against Sam Altman and OpenAI.

6. BlockFi reaches a nearly $1 billion settlement with FTX and Alameda Research following FTX's bankruptcy, potentially leading to full value recovery for customers.

7. Andreessen Horowitz plans to invest $6.9 billion in AI and gaming funds, shifting focus from crypto investments.

8. The legal battle between Custodia Bank and the US Federal Reserve could have significant implications for the US crypto industry.

9. Martin Mizrahi, CEO of a Las Vegas internet service provider, is convicted of wire fraud and money laundering involving a $4 million Bitcoin laundering scheme.

https://growmybag.tv/Article/171119/DCG-Fights-Back--Allegations-of-Fraud-and-Deceit-Dismissed-as--Baseless----Find-Out-the-Truth-

https://growmybag.tv/Article/171122/Former-Treasury-Secretary-Leads--1-Billion-Rescue-of-Ailing-New-York-Bank---Stocks-Surge-96-

https://growmybag.tv/Article/171125/Federal-Judge-Rules-Crypto-Transactions-Violate-Securities-Law---What-This-Means-for-the-Future-of-Cryptocurrency-Exchanges

https://growmybag.tv/Article/171128/Arizona-State-Senate-Considers-Adding-Bitcoin-ETFs-to-Government-Retirement-Plans---Is-Cryptocurrency-the-Future-of-Pension-Funds-

https://growmybag.tv/Article/171131/Spanish-Government-Orders-Worldcoin-to-Cease-Data-Collection---Elon-Musk-Files-Lawsuit-Against-Sam-Altman-and-OpenAI

https://growmybag.tv/Article/171134/Crypto-Lender-BlockFi-Strikes-Billion-Dollar-Deal-After-FTX-Collapse---What-This-Means-for-Customers-and-Creditors

https://growmybag.tv/Article/171137/Breaking-News--Andreessen-Horowitz-Plans--6-9-Billion-Investment-in-AI-and-Gaming-Funds--Shifting-Focus-from-Crypto

https://growmybag.tv/Article/171140/Will-Custodia-Bank-s-Legal-Victory-Change-the-Game-for-Crypto-in-the-US-

https://growmybag.tv/Article/171143/CEO-Convicted-of-Crypto-Crimes--Inside-the--4-Million-Bitcoin-Laundering-Scheme

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