Crypto News Today Live Updates November and Latest News: (30 November 2022) The global digital asset market printed green indexes for two days straight. The cumulative market cap is up by 2% over the past day. It now stands at $852 billion. The 24-hour trading vol stands at $46.44 billion.
Terra Luna Co-Founders To Be Arrested?
Reports suggest that South Korean Prosecutors have issued arrest warrants against several Terra employees including CEO Shin.
As per reports, the Seoul Southern District Prosecutors have issued arrest warrants for four early investors with four technicians linked with Terra Lab. An arrest warrant has been issued over the suspicion of fraud and other crimes.
Brazil Approves Crypto Regulation Bill
Brazilian lawmakers finally regulated the crypto market bill. After getting approval the bill is all set to get the final nod of President, Jair Bolsonaro. After seven years of tussle, the Chamber of Deputies adopted Bill (PL) 4,041/2021, which controls the Brazilian cryptocurrency sector, earlier this Tuesday night (29).
Genesis Bankruptcy Could Be Next After BlockFi
Troubled crypto brokerage firm Genesis Global Trading’s creditors have hired restructuring lawyers to prevent the firm from filing for bankruptcy. Genesis currently seeks $500 million in emergency funding from investors and crypto firms after facing trouble raising $1 billion in funds. BlockFi filing bankruptcy has worsened sentiments in the crypto market.
FTX US Users Will Get 100% Of Their Money Back?
A transcript of SBF’s phone interview with Tiffany Fong came out in public. However, the interview reportedly happened five days after FTX filed for bankruptcy on November 11. SBF made several claims over the fund recovery. He said that users of FTX US will get 100% of their money back. Read more here..
Crypto Market Registers Recovery
The global digital asset market printed green indexes for two days straight. The cumulative market cap is up by 2% over the past day. It now stands at $852 billion. The 24-hour trading vol stands at $46.44 billion.
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