Daily Crypto News Mar 28: SBF Sentencing… 50+ Years?
Sam Bankman-Fried, the co-founder of FTX, who faces the possibility of a life-altering sentence after being found guilty of multiple fraud and conspiracy charges. As the crypto community watches closely, the case highlights the broader regulatory scrutiny facing the industry.
In another significant development, a federal judge has allowed the SEC's lawsuit against Coinbase to proceed, emphasizing that many tokenized assets could indeed be classified as securities. This ruling could set a precedent affecting the availability of alt-coins in the U.S. and the legal framework surrounding crypto exchanges.
Meanwhile, BlackRock's Ethereum-based BUIDL fund showcases the growing interest in blockchain technology from traditional finance, as it raises a staggering $245 million in Ethereum tokens, reflecting a wider trend of tokenized Treasury notes gaining traction in the market. Join us as we analyze these pivotal events and their potential impact on the future of cryptocurrency.
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https://substack.com/@dcndailycryptonews
News Links 👇
https://decrypt.co/223731/judge-sec-coinbase-lawsuit-can-proceed
https://decrypt.co/223802/blackrock-buidl-ethereum-tokenized-fund-245-million
https://decrypt.co/223829/dogecoin-20-cents-first-time-since-2021
https://www.theblock.co/data/crypto-markets/bitcoin-etf
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