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Latest from Jamie Crawley
FTX Units Sue Former Executvies, Embed Shareholders to Retrieve $243M From Acquisition
The estate alleges FTX founder Sam Bankman-Fried and other "insiders" misappropriated company funds to acquire Embed in late September 2022, weeks before the crypto exchange filed for bankruptcy.

StanChart-Backed Zodia and LMAX Digital to Provide CoinShares With Crypto Trading Infrastructure
LMAX Digital and Zodia Custody are to provide institutional-grade trading infrastructure and custody to CoinShares.

Bitcoin Has a 'Real Problem' in U.S.: Paul Tudor Jones
The billionaire hedge fund manager also said lower inflation is also going to be a headwind for the crypto.

U.S. DOJ's Crypto Enforcement Director Promises Crackdown on Illicit Behavior on Exchanges: FT
Eun Young Choi said the DoJ is targeting crypto exchanges that allow "criminal actors to easily profit from their crimes and cash out,"

LG Electronics Seeks Patent for TV Which Lets Users Trade NFTs
LG has been a node operator on the Hedera Network since 2020.

First Mover Americas: Bitcoin Falls to 2-Month Low
The latest price moves in crypto markets in context for May 12, 2023.

Robinhood's Crypto Revenue Down 30% Year-Over-Year in Q1
The trading platform also reported holding around $11.5 billion worth of crypto in assets under custody, an increase of 36% versus the fourth quarter.

Decentralized Wallet Developer Odsy Network Raises $7.5M at $250M Valuation
The funding round was led by Blockchange Ventures and included participation from Rubik Ventures, Node Capital and FalconX among others.

Hut 8 First-Quarter Revenue Drops 64% as Bitcoin Mining Difficulties Bite
The mining firm had to turn off about 8,000 machines in Ontario due to a dispute with its energy provider in mid-November.

Franklin Templeton to List Blockchain Fund Targeting Institutional Investors
The Blockchain Fund II is a private equity fund and will carry a minimum investment sum of $100,000.
