Crypto weekly: MicroStrategy buys another $600M; Binance’s VIP Traders Got Sneak Peek of Record US Crypto Penalty.

Welcome to our cryptocurrency events review. The last few days were full of interesting news from the world of digital assets. 

Review of the past week:

November 27, 2023 Binance Founder CZ Stuck in U.S. for the Moment.
Changpeng Zhao was set to return to the UAE, where his wife and children live, but a district judge stayed this part of his bond release for now..
Read more
November 30, 2023

MicroStrategy buys another $600M.
The firm reported it held 174,530 Bitcoin as of Nov. 29 — worth roughly $6.6 billion at a price of $37,726. Read more

December 01, 2023

Binance’s VIP Traders Got Sneak Peek of Record US Crypto Penalty.
Two months later, crypto giant agreed to pay $4.3 billion fine. Read more

December 01, 2023 KyberSwap plans to offer victims treasury grants after $48.8 million exploit.
Users who lost funds from its liquidity pools will receive grants equivalent in USD. Read more
December 02, 2023 Utah’s top judge threatens SEC lawyers with sanctions over ‘misrepresentations’ in crypto case.
The federal judge overseeing the SEC’s case against crypto firm DEBT Box has ordered the agency to explain apparent “false or misleading” statements that the SEC’s lawyers made while arguing for a restraining order against the company. Read more

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Best regards,
FYBIT team

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