Crypto News: Kevin O'Leary Blames CZ | SBF Rat Infested Jail

Crypto News Daily: Kevin O'Leary blames CZ and Binance for the fall of FTX. The shark tank star continues to ignore the fact that fraud and other illegal activity caused investor losses.

Bitcoin is expected to reach a $10K and $12K price level Q1 of 2023 according to NY money manager VanEck. A waive of bitcoin miner bankruptcies are expected to pressure the price of BTC.

SBF requested not to be extradited, but that was before bail was denied and he was sent to a rat infested prison cell. He currently faces 115 years for the collapse of FTX which reduced a 30 million dollar business to nothing and lost investors more than 10 billion.

US Senators Warren and Marshall introduce digital asset anti money laundering bill. Troubling language and requirements for crypto wallets and miners cause concern for crypto.

The Federal Reserve raises rates 50 basis points, but their hawkish outlook for 2023 is what troubles markets.

#ftx #binance #bitcoin