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Latest from Sheldon Reback
FTX Sues Bybit to Claw Back $953M in 'Misappropriated Funds'
The FTX estate says the funds were "preferentially" or "fraudulently" transferred to Bybit and affiliates in the lead up to its November 2022, bankruptcy filing.

Cboe Digital to Launch Margined Futures for Bitcoin, Ether
Cboe will become the first regulated U.S. exchange to offer both spot and futures markets on a single platform.

First Mover Americas: Grayscale’s GBTC Discount Narrows to 10%
The latest price moves in crypto markets in context for Nov. 13, 2023.

Grayscale's Solana Trust Trades at 869% Premium as Institutions Flock to SOL
The rise in premium comes as CME Group overtook Binance in share of the crypto derivatives market, a sign of institutional interest.

Bitget's Hong Kong Unit Halts Operations, Won't Apply for Crypto License
BitgetX HK, which launched in April, is withdrawing from Hong Kong and will shut operations on Dec. 13.

Cathie Wood's ARK Sold $6M of Grayscale Bitcoin Trust Shares Amid Rally
ARK offloaded 201,047 GBTC shares, worth around $6 million, from its Next Generation Internet ETF.

Genesis, Three Arrows Capital Reach Agreement on $1B of Claims
The bankrupt crypto lender is seeking court approval to settle the claims with a $33 million payment to the defunct hedge fund, 3AC.

Crypto Exchange Bithumb Plans South Korea IPO in Second-Half 2025: Report
Bithumb is aiming to close the market-share gap with fellow exchange Upbit, which has over 80% of the South Korean market.

Grayscale Discount Continues to Narrow as Spot Bitcoin, Ether ETF Euphoria Works Through Markets
Prices on the majors stabilized after a rally at the end of the U.S. trading week, while the crypto winter continues to thaw in every part of the market from bitcoin to ether and DEXs.

The Crypto Market Rally Looks Overdone, JPMorgan Says
Digital assets have seen strong gains in the last month due to excitement about the potential approval of bitcoin spot ETFs, but this bullish sentiment may be misplaced, the report said.
