CandleFocus What happened in crypto this week?
2024-11-02
Author: Content Editor
Donald Trump's World Liberty Financial (WLFI) is planning to launch a stablecoin, but the project fell short of its $300 million token sale and saw limited success. BlackRock's spot Bitcoin ETF reached $30 billion in assets in 293 days, surpassing gold and JPMorgan Equity Premium Income ETF. Former FTX executive Nishad Singh avoided prison but was sentenced to time served and three years of supervised release. Immutable received a Wells notice from the SEC alleging securities laws violations related to its IMX token. Several other crypto companies, including Coinbase and Crypto.com, have also faced lawsuits from the SEC.
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