This Is What Happened Cryptocurrency World Today:
Binance founder and former CEO Changpeng “CZ” Zhao has been released from custody on a $175 million personal recognizance bond. OpenAI rehires Sam Altman as CEO. $1.3 billion in user funds withdrawn from Binance following US Government indictment. Grayscale met with SEC to discuss spot Bitcoin ETF details. Genesis Global Capital is suing Gemini Trust for allegedly making preferential transfers worth approximately $689 million, claiming an unfair advantage over other creditors. Crypto data aggregator CoinGecko has made its first acquisition by purchasing NFT data startup Zash. Some former Revolut employees are entering the competitive digital-wallet space by launching their own solution designed to help users both safely manage crypto assets and engage with decentralized applications.
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