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FTX Testimony Surprises, Bitcoin Trends & Hamas's Crypto Funding

Midas Crypto - October 11

Midas Crypto - October 11

Today's Crypto Roundup: In a courtroom spectacle, Caroline Ellison, ex-CEO of Alameda Research, divulged hidden aspects of FTX's dealings, including alleged interactions with Chinese officials. Elsewhere, the Wall Street Journal has exposed how crypto donations have fueled groups like Hamas, highlighting digital currency's evolving role in global transactions. Meanwhile, Bitcoin's recent wobble to $26.7K has stirred a wave of speculation and concern among investors. Delve into these captivating stories and more in our detailed newsletter!

  • Courtroom Drama: Ellison uncovers FTX's concealed practices during heated testimony.

  • Bribery Allegations: FTX's rumored attempts to liaise with Chinese officials come to light.

  • Crypto's Dark Side: Hamas reportedly benefits from sizable crypto donations.

  • Bitcoin's Rollercoaster: The renowned digital currency plunges to a recent low, sparking fervent debates.

  • Market Dynamics: While Bitcoin falters, Ether showcases resilience amid a shaky market.