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Adam Forsyth

Dutch prosecutors sell Knaken’s seized crypto for €2.2M after exchange goes bankrupt

Dutch prosecutors have sold cryptocurrency seized from bankrupt trading platform Knaken for €2.2 million ($2.5 million), leaving the proceeds as the only money currently available in an estate facing customer claims estimated at €10 million to €12 million. Summary Dutch prosecutors sold seized Knaken crypto for €2.2 million to help repay creditors. About 6,300 customers…

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Here’s Who Holds the Most

The latest SEC filings showed that some of Wall Street’s biggest names have been quietly scooping XRP ETF shares. Here’s who holds the most. Although the broader landscape around XRP and the ETFs behind it is nowhere near the peaks from last year, some of the most prominent names on Wall Street have not…

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SNDK stock perpetuals hit $1.73B open interest

Sandisk-linked perpetual futures have become the crypto market’s largest equity perpetual trade, with aggregate SNDK open interest reaching $1.73 billion on Aug. 17 across 32 tracked venues.  Summary SNDK stock perpetual open interest reached $1.73 billion, ranking first among equity-linked perpetual contracts globally. Twenty-four-hour SNDK perpetual volume reached $2.51 billion, nearly eight times Micron’s comparable…

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