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2022-12-09 18:26:24 Sam Bankman-Fried supported the idea of re-issuing the FTX utility token

Former FTX CEO Sam Bankman-Fried supported a proposal by Crypto Banter founder and CNBC Crypto Trader host Ran Neuner to restore confidence in the utility token of the bitcoin exchange going through bankruptcy.

“That would be a productive way for the parties to explore! I hope that the current teams will implement this [Neuner's idea], ”Bankman-Fried responded.

The founder of Crypto Banter proposed to restart FTX by issuing a new platform utility token and distributing it to creditors and account holders. Open / Comment

2022-12-09 13:28:49 In the United States proposed to study the impact of bitcoin mining on the environment

US lawmakers have introduced a bill that requires the Environmental Protection Agency to conduct a comprehensive study of the impact of the mining industry on the environment.

The agency must also report on greenhouse gas emissions from industrial facilities with a power consumption of more than 5 MW.

The bill was sponsored by Representative Jared Hoffman and Senator Edward Markey. They noted that the share of bitcoin mining in total electricity consumption in the United States has already reached 1.4%. This volume is sufficient to cover all households in the country.

According to them, the industry generates as much greenhouse gas emissions as seven million gasoline-powered cars. Open / Comment

2022-12-09 11:03:05 In the EU, crypto companies will be required to report customer data to tax authorities

The European Commission plans to oblige virtual asset providers (VASPs) to transfer information about user accounts to national fiscal services.

The initiative is being implemented as part of the forthcoming eighth directive on administrative cooperation (DAC8). It will apply to stablecoins, crypto derivatives and NFTs.

“Anonymity means that many digital asset owners who make significant profits do not come to the attention of national tax authorities. This is unacceptable,” said EU tax commissioner Paolo Gentiloni. Open / Comment

2022-12-09 11:00:14 In the Russian Federation began to track unscrupulous owners of bitcoin wallets

A digital service has been introduced in Russia to identify unscrupulous owners of crypto wallets. This was announced in an interview with TASS by the head of the GUEBiPK of the Ministry of Internal Affairs of the Russian Federation, Andrey Kurnosenko.

The service "Personal account of a law enforcement agency" with the help of an analytical module quickly receives information from all over the country about financial risks for the economy.

The module for monitoring cryptocurrency transactions is integrated into the system. Open / Comment

2022-12-09 10:56:10 Good morning! How is your mood? Fresh crypto rate! Open / Comment

2022-12-08 18:58:45 Sam Bankman-Fried's Parents Won't Be Teaching at Stanford University Next Year

Sam Bankman-Fried's father, a law professor at Stanford University, canceled a class he was supposed to teach this winter after criticism over a $16 million real estate purchase.

The mother of FTX cryptocurrency exchange founder Barbara Fried is also not listed as a teacher for any of the Stanford University courses next year. She stated that this was due to a "long-planned" decision to retire and "has nothing to do with anything else". Open / Comment

2022-12-08 13:08:57 Study: Only 8% of Americans have a positive attitude towards cryptocurrencies

A new CNBC poll showed that American attitudes towards cryptocurrencies have deteriorated significantly amid the collapse of the Terra ecosystem and the bankruptcy of the FTX crypto exchange.

If back in March of this year, 19% of respondents had a positive attitude towards digital assets, now the figure has fallen by more than 2 times, and amounted to 8%. At the same time, the number of respondents who do not like cryptocurrencies increased from 25% in March to 43% in November.

The survey, which took place between 26 and 30 November this year, involved 800 people. The sample is quite small, so it may not accurately reflect the attitude of Americans towards cryptocurrencies. Open / Comment

2022-12-08 09:57:51 FTX hires financial forensics to find missing client funds

The Wall Street Journal reports that the FTX exchange restructuring team has hired financial forensics from AlixPartners to search for missing client funds.

The forensics team will be led by former U.S. Securities and Exchange Commission (SEC) chief accountant Matt Jacques and tasked with tracing and recovering missing digital assets.

For example, the team will track funds withdrawn from exchange wallets on November 11th. As reported, the withdrawal was made to save clients' funds, but since then the assets have been transferred to various cryptocurrency mixers and exchanges for laundering. Open / Comment

2022-12-08 09:52:22 Kevin O'Leary Defends Sam Bankman-Freed

Investor and Shark Tank star Kevin O'Leary told Yahoo Finance that he believes ex-FTX CEO Sam Bankman-Freed is innocent until his alleged fraud is proven.

“I am one of those who believes: “You are innocent until proven otherwise.” This is my belief, and I need facts. Therefore, if you tell me that you did something or not, I will believe you. Until I discover that this is a lie, ”said the investor.

In his opinion, it is necessary to audit the collapsed platform in order to return at least part of the investors' money. He noted that thanks to blockchain technology, all transactions of the exchange are 100% verifiable, and “the truth will be known.” Open / Comment

2022-12-08 09:34:41 Good morning! Fresh crypto kuos is here Open / Comment