Ripple Labs is dealt a $125 million fine in their SEC case, while FTX and Alameda are ordered to pay $12.7 billion in their case against the CFTC... But that's not all that happened this week!
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Ripple fined for $125 million
Ripple Labs is dealt a $125 million fine in their SEC case, while FTX and Alameda are ordered to pay $12.7 billion in their case against the CFTC. The Bank of Japan signals no more rate hikes, while U.S. jobs numbers take a positive turn. In Trending Topics, Jump Crypto is selling assets, and the Dems reconsider crypto.
Volumes near all-time highs, biggest leverage flush since August 2023, largest high/low spread since the FTX collapse, in a manic correlation 1 moment. lg...more
Crypto is no stranger to a liquidation cascade like the one we saw last weekend. There are uncertainties going forward, but there is also opportunity.lg...more