FTX Offers Customers up to 90% Funds Return amid $9B Shortfall; California Passes Crypto Oversight Bill
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FTX proposes returning up to 90% of customer funds, with preferences for those under $250K withdrawals. Total missing funds estimated at $9B.
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Binance saw thinner bitcoin liquidity compared to rivals during Monday's volatility from false BlackRock ETF rumor.
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California passes crypto licensing bill, to take effect in 2025. Gives state regulators oversight of industry.
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Bitcoin options volume spikes at $30K strike amid rumor-driven volatility. Traders take bullish positions.
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Edited by Sheldon Reback.
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