Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.
Top Stories This Week
Tornado Cash developer Alexey Pertsev to stay detained until next year’s hearing
Amid an ongoing investigation into crypto mixer Tornado Cash, the product’s developer, Alexey Pertsev, will be subject to at least another three months of detainment, as per a court ruling this week. Earlier in 2022, United States authorities flagged Tornado Cash as a tool nefarious parties allegedly used to launder funds. Pertsev was detained for suspicions of foul play, although the situation has drawn controversy.
US Senate committee schedules FTX hearing for Dec. 1, CFTC head to testify
A U.S. senate hearing slated for Dec. 1 will aim to look into FTX and the events surrounding its downfall. Titled “Why Congress Needs To Act: Lessons Learned From The FTX Collapse,” the hearing will feature Commodity Futures Trading Commission Chairman Rostin Behnam, among other witnesses. According to recent documentation from FTX’s Chapter 11 bankruptcy case, FTX Trading Ltd. owes a combined sum of more than $3 billion to its 50 largest creditors.
What it’s like when the banks collapse: Iceland 2008 firsthand
Crypto leaders are obsessed with life extension. Here’s why
American CryptoFed registration at risk as SEC alleges filing anomalies
American CryptoFed DAO is at risk of losing its registration as a legal entity after the United States Securities and Exchange Commission…