Crypto weekly: Federal judge approves settlement between CFTC and Binance; Crypto industry donates over $78 million to elect pro-innovation candidates in 2024.

By
Martin Gordon
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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:

December 18, 2023 Federal judge approves settlement between CFTC and Binance.
Under the settlement, former CEO Changpeng Zhao will have to pay $150 million. Read more
December 18, 2023

Crypto industry donates over $78 million to elect pro-innovation candidates in 2024.
The crypto industry has raised over $78 million – as a start – to support the 52 million Americans who own digital assets and want a fair shake at the American Dream. Read more
December 19, 2023 FTX Debtors and FTX Digital Markets (Bahamas) Announce Global Settlement.
Parties Agree to Work Together to Maximize Recoveries and Reconcile Claims. Read more
December 20, 2023

Ledger crypto wallet vows to reimburse users after Connect Kit exploit.
Ledger says some $600,000 in assets were stolen from users’ blind signing on EVM DApps, and it will ensure all victims are “made whole,” while blind signing will be disallowed by June 2024. Read more
December 20, 2023 U.S. appeals court finalizes mandate for forfeiture of Silk Road bitcoin.
Judgment was first made in August but will now take effect, according to a filing in the U.S. District Court of Appeals for the Ninth Circuit. Read more


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Best regards,
FYBIT team

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