Daily Digest – December 12th

• Sam Bankman-Fried attempted to destabilize USDT and crypto to save FTX

• Hong Kong’s SEC begins drafting regulatory framework for the crypto industry

• South Korea’s hunt for Terra’s co-founder Do Kwon leads to Serbia

• Senator Emmer calls for SEC’s Gensler to answer for ‘regulatory failures’

• Bank of England open application for Proof-of-Concept CBDC Wallet

Do Kwon Hiding Out in Serbia, South Korean Ministry of Finance is Seeking Serbian Cooperation: Reports

Amidst ongoing investigations into the collapse of the Terra project, authorities in South Korea have reported Do Kwon as hiding in...

Justin Sun Mocks Do Kwon as He Declares a 200% Collateralized Ratio for USDD

Sun’s reassurance has not been well received. Community members point out that the collateral figures come from TRX...

Hong Kong Regulatory Commission to Launch Public Consultations on Licensing Requirements for Virtual Asset Exchanges

RTHK reported that the SFC is keeping close tabs on the crypto sector and will begin public consultation as soon as possible. As revealed...

SBF Eyes New Business to Repay Creditors: Do Kwon 2.0?

Sam Bankman-Fried, the former CEO of the bankrupt FTX exchange, wants to start a new business. He claims he wants ...

Madonna, Jimmy Fallon, Future Among Celebrities Hit with Massive BAYC Lawsuit

37 celebrities were targeted in a new class-action lawsuit in relation to the Bored Apes Yacht Club at the end of last week. The two plaintiffs...

That's you all up to date. But if you're hungry for more crypto news and insights, there's always more on our website.And feel free to reach out to us at [email protected] with any questions or comments.Until next time,DailyCoin Team