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Cointime News Wrapup-Afternoon: Bankrupt FTX Recovers US$7.3 Billion in Assets, Considers Resurrection of Operations
To smooth and facilitate the reading experience for all users, we hereby compose this wrapup, especially for users who cannot check out what’s going on in a timely manner.
the market shows BTC breaking through $86,000, currently at $86,007.68, with a 24-hour increase of 1.77%. The market is highly volatile, please manage your risk accordingly.
Fed's Collins stated that given the ongoing risks to the dual goals of inflation and employment, she still tends to oppose the Fed cutting rates next month. During a meeting, Collins said: "Regarding a rate cut at the December FOMC meeting, I do think caution is needed. After a cumulative 50 basis points cut in September and October, I personally believe the current policy is in a moderately tight range, which is appropriate for the current economic situation."
according to Ember Monitoring, with the recent deep correction of Bitcoin, a whale who purchased 700 WBTC through a loop loan four months ago is approaching liquidation of their loan position. Today, they have cut their losses and closed the position, with a loss amounting to as much as 21.68 million USD.
Xinhua News Agency WeChat public account reposted a security reminder announcement previously issued by the WeChat Security Center: "Recently, the WeChat platform has received user complaints that some WeChat accounts are involved in organizing pyramid schemes, fraud, and other illegal activities within WeChat groups.
ALT5 Sigma, the reserve company partner of the Trump family’s cryptocurrency project "World Liberty Financial" (WLFI), stated in a filing submitted to the U.S. Securities and Exchange Commission (SEC) that its CEO was officially suspended on October 16, but internal emails show that the company’s board had actually placed him on temporary leave as early as September 4. Several securities regulatory experts indicated that this significant discrepancy in timing may have violated information disclosure rules. The enclosed emails also revealed that Chief Revenue Officer Vay Tham was simultaneously placed on leave because a special committee of the board is investigating certain matters related to the company. According to SEC regulations, publicly listed companies must disclose within four trading days (Form 8-K) after a significant change occurs in the actual performance of executive duties, and if a company deliberately submits false or misleading information, it may constitute a violation of anti-fraud regulations.
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