The fund’s performance was severely impacted by direct exposure to now-bankrupt crypto exchange FTX and holdings in FTT and Solana-based tokens. Author: Tracy Wang
Multicoin Capital’s Hedge Fund Lost 91.4% Last Year, Investor Letter Reveals
Bankman-Fried Should Have Only Flip Phone, Website Whitelist, DOJ Says
Sam Bankman-Fried’s bail conditions should restrict his use of the internet, including the use of a non-internet connected flip phone, an attorney to the U.S. Department of Justice has proposed in court filings made late Friday. Author: Jack Schickler
Silvergate Closes SEN Platform Institutions Used to Move Money to Crypto Exchanges
Silvergate Bank announced Friday it was suspending its “Silvergate Exchange Network” (SEN) “effective immediately.” Author: Nikhilesh De, Ian Allison
SEC Official Says Binance US Is Operating ‘Unregistered Securities Exchange’
A U.S. Securities and Exchange official said agency staff believe Binance US is operating an unregistered securities exchange in the U.S. Author: Nikhilesh De
Uniswap Wants to Launch Crypto Wallet App, but Apple Says Not So Fast
The company behind the top decentralized exchange said Apple is standing in the way of the offering. Author: Danny Nelson
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