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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."

https://coinmarketcap.com/alexandria/article/class-action-seeks-dollar1b-from-influencers-who-endorsed-ftx

• 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.

https://coinmarketcap.com/alexandria/article/sam-bankman-fried-and-top-execs-drained-dollar3.2b-from-ftx

• 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.

https://coinmarketcap.com/alexandria/article/fbi-internet-crime-report-shows-crypto-investment-scams-skyrocketing

• 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.

https://coinmarketcap.com/alexandria/article/linksdao-wins-bid-to-buy-scottish-golf-course

• 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.

https://coinmarketcap.com/alexandria/article/signature-bank’s-buyer-must-agree-to-give-up-crypto-business:-reuters

• 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.

https://coinmarketcap.com/alexandria/article/feds-are-‘weaponizing’-bank-crisis-to-kill-crypto:-rep.-tom-emmer

• 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.

https://coinmarketcap.com/alexandria/article/u.s.-and-germany-shut-down-chipmixer-and-seize-over-1900-btc

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