SBF is awaiting trial after being indicted on eight counts, including securities fraud. 

The prices of cryptocurrencies seem to be recovering from their 2022 lows. Tokens and coins associated with layer 2 solutions have outperformed Bitcoin and Ether over the last two months

There have been louder calls for crypto regulation. Japan’s stringent crypto regulation prevented the collapse of FTX Japan; as  a result, FTX Japan’s users will be able to withdraw their crypto assets, unlike those of FTX.com

Crypto regulation should be thoughtful and not stifle innovation.

Additional reading

Link to newsletter

FTX, Genesis, and Gemini

• https://blockworks.co/news/new-ftx-ceo-says-exchange-commingled-assets
• https://www.coindesk.com/business/2023/01/20/genesis-global-files-for-bankruptcy-protection/
• https://www.reuters.com/business/finance/geminis-winklevoss-calls-removal-dcg-chief-barry-silbert-2023-01-10/

Crypto Regulation

• https://www.japantimes.co.jp/news/2023/01/04/business/tech/japan-crypto-2022-review-regulation-future/
• https://beincrypto.com/hong-kong-open-door-crypto-efforts-bitcoin-high/
• https://www.coindesk.com/policy/2022/08/19/south-africas-monetary-authority-greenlights-banks-to-serve-crypto-clients/

Crypto-specific news websites

• Coinmarketcap: https://coinmarketcap.com
• Coindesk: https://www.coindesk.com
• Cointelegraph: https://cointelegraph.com
• The Block: https://www.theblock.co
• Decrypt: https://decrypt.co