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🔵 CoinMarketCap Daily:
• Class Action Seeks $1B From Influencers Who Endorsed FTX
Claiming FTX Earn yield accounts are securities, the lawsuit said the bankrupt firm paid a fortune to some top YouTubers, who "played a major role in the FTX disaster."
• Sam Bankman-Fried and Top Execs Drained $3.2B from FTX
Bankman-Fried took $2.2 billion in payments and loans, mostly from Alameda Research, which was pulling funds from exchange customers; Caroline Ellison only got $6 million.
• FBI Internet Crime Report Shows Crypto Investment Scams Skyrocketing
Not only were crypto investments scam reports up 150% in 2022, they accounted for three quarters of all investment scams reported.
• LinksDAO Wins Bid to Buy Scottish Golf Course
The decentralized autonomous organization’s NFT memberships provide voting rights but not ownership of the group’s first golf course, which requires a corporate structure.
• As Credit Suisse and First Republic Get Lifelines, Group Sees Plan to Boot Crypto Out of Banking
The extraordinary steps taken to save a pair of large European and American banks contrast sharply with what the Blockchain Association called a "disturbing trend" of de-banking.
• Feds Are ‘Weaponizing’ Bank Crisis to Kill Crypto: Rep. Tom Emmer
The Republican Congressman and crypto supporter’s comments come as former bank regulator and Coinbase exec Brian Brooks said regulators are trying to "choke off" crypto.
• U.S. and Germany Shut Down ChipMixer and Seize over 1,900 BTC
The latest closure of a crypto mixing service follows on the sanctioning of the privacy-focused Tornado Cash mixer and arrest of one of its lead developers.
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