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Latest from Sam Reynolds
Sam Bankman-Fried’s Lawyers Move to Quash Voyager Subpoena
The former exchange CEO's lawyers say the subpoena is procedurally deficient, presents an undue burden,and potentially violates Bankman-Fried's Fifth Amendment rights.
First Mover Asia: Deconstructing Crypto's China Narrative
ALSO: Here's why it's important bitcoin hits $30,000
Crypto in Hong Kong Getting Soft Backing From Beijing: Bloomberg
Report says officials from China’s Liaison Office have been spotted at crypto events in the city.
First Mover Asia: Bitcoin Edges Toward $25K During Slow Economic Day
PLUS: Organizers of last year’s trucker-themed "Freedom Convoy" openly flaunted a court-ordered Mareva injunction used to freeze fundraised crypto. A Canadian judge said cryptocurrencies required more study, but declined to suggest stronger rules for the country.
OKX’s February Proof-of-Reserves Report Shows $8.6B in ‘Clean Assets’
Data from CryptoQuant maintains that reserves are 100% clean, compared to 94% for Binance and 61% for Huobi.
Crypto Hedge Fund Galois Capital Shuts Down After Losing $40M to FTX
Galois co-founder said the fund has halted all trading as it is no longer viable post-FTX.
Voyager Creditors Subpoena Sam Bankman-Fried, Other Former FTX, Alameda Executives
Voyager’s creditors also subpoenaed Samuel Trabucco, Nishad Singh, Gary Wang, and Caroline Ellison.
First Mover Asia: Bitcoin Opens the Week Testing $25K
ALSO: Hong Kong unveils its crypto licensing framework for Virtual Asset Service Providers in June, but the regulation will not allow retail investors to trade digital, contrary to what a recent tweet suggests. The regulation focuses on accredited, professional investors.
No, Hong Kong Won’t Be Allowing Retail Traders Access to Crypto on June 1
A tweet suggesting the city will make crypto fully legal for all citizens is a misreading of the legislation.
First Mover Asia: Crypto Momentum Falters as Bitcoin Retreats to $23.6K
ALSO: Sam Reynolds considers a rising trend of crypto startups postponing their token launches, part of the fallout from the collapse of crypto exchange FTX and its trading arm Alameda Research.
