Would a Genesis/DCG Deal With Creditors End the Crypto Contagion?
The Breakdown
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The White House's Crypto Roadmap Is Bad for US Competitiveness
The administration is concerned with the potential of increased risks to the traditional financial and banking system should crypto become more intertwined. On Sunday, the FTX bankruptcy team announced that it had begun sending confidential messages to political figures who received funding from FTX executives. The notes asked them to return the money to the bankruptcy estate by the end of February. In January, CoinDesk reported that politicians had taken over $93 million by FTX execs.
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