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Sam Bankman-Fried seeks reduced sentence:
Former FTX CEO's lawyers argue for 63-78 month sentence, citing positive contributions and lack of malicious intent.
They contest the pre-sentence report's 100-year recommendation and $10 billion loss estimate.
Supporters advocate for leniency due to Bankman-Fried's character and potential for rehabilitation.
Gemini settles with New York regulators:
Agrees to repay $1.1 billion to customers affected by Genesis bankruptcy.
Settles for $37 million fine for negligence in vetting third-party partners.
Do Kwon's extradition delays US trial:
Legal complexities in Montenegro may prevent Terraform Labs co-founder from attending his March 25th trial.
He faces fraud charges related to the collapse of TerraUSD and Luna.
Kwon's legal team maintains his innocence and seeks a fair trial despite extradition delays.
Uniswap's UNI token surges on fee distribution proposal:
Potential revenue sharing through smart contracts leads to a 62% price increase.
Aims to address low participation and apathy in governance.
Proposal is under community review before potential implementation.
Avalanche suffers five-hour outage:
Code bug halts block finalization, impacting transaction processing.
Issue resolved through node updates, restoring normal network operations.
Texas judge halts Department of Energy's crypto mining survey:
Legal challenge argues the survey oversteps authority and violates data privacy.
Raises concerns about government overreach and potential harm to businesses.
MicroStrategy adds 3,000 Bitcoin to portfolio:
Further bolsters its Bitcoin holdings, reflecting continued confidence in the asset.
Receives "buy" rating with a $990 price target from investment bank.
Optimism stems from anticipated growth in the crypto market and upcoming Bitcoin halving event.
Yuga Labs prioritizes royalty enforcement in NFT marketplaces:
New policy requires platforms to enforce creator royalties for NFT trading.
Aims to protect creators' revenue streams amidst declining royalty payments.
Excludes certain Yuga Labs collections due to existing contract limitations.
BitForex suspends withdrawals, sparking exit scam concerns:
Sudden halt and lack of communication raise red flags among users.
Follows suspicious outflow of funds and CEO resignation, prompting speculation.
Fun bit: Sam Bankman-Fried offers crypto advice in prison:
Former FTX CEO reportedly shares investment insights with prison guards.
Highlights his continued interest in the crypto market despite legal troubles.
Adds an unexpected twist to the ongoing saga of Bankman-Fried.




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