Bitcoin Surpasses $60,000, US Government Seizes BTC, and More: Hodler's Digest, February 25 – March 2

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Bitcoin After rising on 6% on Feb. 28. THE last time cryptocurrency negotiated above This brand was on Nov. 12, 2021, When Bitcoin begin It is reversal, fall on 67% has THE macro weak of $19,297 has THE beginning of April 2022. Bitcoin bullish momentum came two days After THE place Bitcoin exchange traded funds (AND F) broken A all the time high of $2.4 billion In every day trade volume on Feb. 26. THE new nine place Bitcoin AND F to have checked in combined trade volumes of on $2 billion For has less two days on THE week.

WE government moved $922 million of grasped Bitcoin After BTC price broken $60,000

THE United States government Since two cryptocurrency wallets that detained funds grasped Since Bitfinex In 2016. THE transfers occurred THE even day Bitcoin (BTC) violated $60,000 For THE First of all time In on two years on Feb. 28. THE government grasped THE funds In 2016 After Bitfinex was pirate For approximately 119,754 BTC, value on $7.4 billion has It is current price. THE pirate, There is Liechtenstein, bleached on $4.5 billion value of Bitcoin Since Bitfinex. Liechtenstein And her rapper marry, Heather Morgan (Also known as Razzlekhan), were stopped In FEBRUARY 2022.

Gemini has back has less $1.1 billion has Earn clients In regulation with NYDFS

Cryptocurrency exchange Gemini And THE New York State Department of Financial Services that will see Gemini back has less $1.1 billion has clients of THE Gemini Earn program through THE Genesis bankruptcy proceed. Gemini will Also pay A $37 million penalty For several compliance chess "that threat THE security And solidity of THE business," Superintendent Adrienne A. Harris of THE NYDFS explain In A Feb. 28 statement. If approved by THE bankruptcy court, Gemini said he waits Earn users has receive 100% of their cryptocurrency assets back more appreciation on high of that.

Cryptocurrency exchange BitForex stop withdrawals, stop answer has users

Hong Based in Kong crypto exchange BitForex following THE withdrawal of $56 million Since It is wallets on Feb. 23. THE Exchanges X account doesn't has been update Since Can 2023. On It is official Telegram channel, BitForex users reported problems with their accounts, variable Since THE inability has enter their accounts has THE dashboard not showing any of them assets. Several users sharing A arise screen showing they are blocked Since to access THE the company website. BitForex was once considered has be A of THE leading crypto Exchanges In terms of walk capitalization.

FTX founder SBF request For A 6.5 years sentence, tell prison guards has invest In Solana

THE legal Advice For ancient FTX CEO Sat Bankman-Fried of fraud And money whitening. A jury find Bankman-Fried guilty In November 2023. While federal prosecutors are expected has submit their sentencing recommendations on March 15, THE Pre-sentence Investigation Report has recommended A 100 years sentence For THE ancient FTX CEO. Judge Louis Kaplan, WHO East monitoring THE Bankman-Fried case, East program has announce sentencing on March 28. Along with THE sentencing submission, A total of 29 favorable letters were attached For Judge Kaplan goodbye, on THE days following THE Exchanges collapse And initial efforts has to recover funds.