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Caroline Ellison sentenced to two years for role in FTX funds misappropriation.
Caroline Ellison, a former cryptocurrency executive, was sentenced to two years in prison for her involvement in the misappropriation of $8 billion in customer funds from the bankrupt FTX exchange, founded by her ex-boyfriend Sam Bankman-Fried. The judge acknowledged her significant cooperation with prosecutors during the proceedings.
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ETF FLOWS - Around 2,127 BTC and 23,620 ETH were bought on September 24
BTC ETFs saw $136.7M in net inflows.
ETH ETFs saw $62.5M in net inflows.
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New signal added in our premium channel
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Assetera launches Europe's first regulated 24/7 market for Tokenized Real-World Assets on Polygon
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Assetera has launched Europe's first regulated market for tokenized real-world assets (RWAs) on the Polygon blockchain. The platform enables continuous trading of these assets, operating 24/7, and complies with regulations from the Austrian Financial Market Authority and MiFID II standards.
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PayPal now allows cryptocurrency trading for business accounts.
PayPal Holdings, Inc. is enhancing its service by allowing U.S. merchants (excluding New York State) to buy, hold, and sell cryptocurrency directly from their business accounts, reflecting strong merchant interest in digital currencies. This initiative is part of PayPalโs ongoing commitment to cryptocurrency adoption, following previous steps like enabling consumer crypto transactions in 2020 and launching PayPal USD (PYUSD). With the recent integration on the Solana blockchain, businesses gain greater flexibility and control over their cryptocurrency transactions, further solidifying PayPal's role in the evolving digital currency landscape.
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