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With bitcoin remaining steady at $19,500 despite bearish news and economic uncertainty as U.S. stock futures surge, plus a look at what we can learn from some of the worst banks in the world, CoinDesk’s “Markets Daily” is back with the latest news roundup.
The federal agencies are looking into whether Three Arrows misled investors about its balance sheet and whether the hedge fund should have registered with them.
With the co-founders’ locations unknown, the liquidators are applying to serve them subpoenas via their email addresses, Twitter accounts and their attorneys’ email addresses.
Michael Hsu joined “First Mover” to discuss why crypto companies need to provide more clarity on what they offer and be in less of a rush to expand without a “strong foundation.”
The collection, now valued at $840,000, is worth a fraction of the $21 million that the troubled hedge fund spent in assembling it; BNB falls after reports of an exploit.