FTX Co-Founder Gary Wang Avoids Prison Time Due to Cooperation Against SBF – Decrypt

FTX co-founder Gary Wang avoided prison time Wednesday, sentenced to time served and three years of supervised release for his role in the crypto exchange’s collapse.
“You did the right thing,” U.S. District Judge Lewis Kaplan told Wang, according to a post on Twitter (aka X) from Inner City Press.

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Bitcoin, Tether Bull Howard Lutnick Is Trump’s Pick for Commerce Chief—Not Treasury – Decrypt

Donald Trump has selected Wall Street billionaire and Bitcoin bull Howard Lutnick to serve as his Commerce Secretary, reports the Wall Street Journal. By doing so, Trump has rejected the investor’s reported push to run the Treasury Department, a position with far greater sway over the U.S. economy.

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‘Razzlekhan’ Sentenced to 18 Months Over $10.8 Billion Bitcoin Heist – Decrypt

Heather “Razzlekhan” Morgan, the rapper-turned-Bitcoin-thief, was sentenced to 18 months in a U.S. federal prison on Monday for her role in the infamous 2016 Bitfinex hack, which saw Morgan and her husband steal $10.8 billion worth of BTC (by today’s price) from the crypto exchange.

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Pennsylvania Lawmakers Want a Strategic Bitcoin Reserve – Decrypt

House Representatives in Pennsylvania have put forward a bill that would see a strategic Bitcoin reserve introduced at the state level. This comes after noise around a potential national Bitcoin reserve were amplified following Donald Trump securing reelection as President of the United States.

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Crypto Dad Giancarlo Denies SEC Job Rumors: ‘I’ve Already Cleaned Up Gensler Mess’ – Decrypt

J. Christopher Giancarlo, affectionately known as “Crypto Dad,” dismissed speculation that he is being considered to replace Gary Gensler as head of the Securities and Exchange Commission (SEC).
On Thursday,  the former Chair of the U.S.

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