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Alameda Analysis, a subsidiary of the collapsed crypto trade FTX, has initiated authorized motion in opposition to KuCoin to reclaim over $50 million in The lawsuit was filed yesterday (Monday) within the US Chapter Court docket for the District…

The Arbitrum and Optimism blockchains are seeing the strongest momentum by way of person tendencies, the report Supply hyperlink

The most recent value strikes in bitcoin (BTC) and crypto markets in context for 18, First Mover is CoinDesk’s every day e-newsletter that contextualizes the most recent actions within the crypto Supply hyperlink

The Twitter thread stresses SBF’s resignation from the change and affiliated Supply hyperlink

BlockFi has paused withdrawals and buyer Supply hyperlink

Turkey’s Monetary Crimes Investigation Company mentioned it’s wanting into individuals, establishments, banks and crypto service suppliers with ties to after its swift collapse final Supply hyperlink

The agency faces no dangers of insolvency, Matrixport’s spokesperson advised Supply hyperlink

In an open letter, the staff says they’re unable to carry out their work or course of grants and has “basic questions” concerning the legitimacy and integrity of enterprise Supply hyperlink

Semafor, a information group that FTX’s Sam Bankman-Fried invested in, cites folks conversant in the Supply hyperlink

Roughly 20,000 bitcoin have been pulled from the crypto trade up to now 24 hours, in response to knowledge from Supply hyperlink