FTTUSDT Ryan Salame, former co-CEO of FTX Digital Markets, will begin serving a seven-and-a-half-year sentence at a U.S. federal correctional facility on October 11. Salame said he would treat his time in prison like summer camp. Salame will be the second FTX executive to face prison after SBF, who was sentenced to 25 years in March
BTCUSDT Snowden said in his 2049 speech that if you don’t design your service from the protocol level to resist state intervention, you will face the situation of Telegram, the great thing about Bitcoin is that they are designed with a worst-case scenario mentality to avoid inevitable disasters. He also said that Solana is centralizing everything, and once the country starts to intervene, control of the system will be easily taken away
FTTUSDT The latest revised bankruptcy documents shared by FTX creditor Sunil Kavuri show that some FTX creditors can only get back 10%-25% of their cryptocurrencies. Creditors will be repaid based on the filing date, when cryptocurrency prices were much lower than current levels. At that time, the price of Bitcoin was around $16,000. The decision to use the filing date price to repay creditors and customers has sparked dissatisfaction.
SOLUSDT Former FTX CEO Sam Bankman-Fried has filed an appeal for a new trial. His lawyer accused Judge Lewis Kaplan of showing bias in the trial and preventing the submission of key evidence. SBF was previously convicted of defrauding FTX customers and investors and sentenced to 25 years in prison. The appeal stated that the insolvency issues of FTX and Alameda in the case were misunderstood and were actually a liquidity crisis
SOLBTC we bounced on the 50%, hopefully for good. 0.382 at 24413 sats, and resistance on its way there at 23714. Those are the key levels to determine its direction imo. Thoughts?