⚖️ Judgy… Sam Bankman-Fried’s legal team argued that the convicted fraudster should serve only about six years in prison. The former FTX CEO’s sentencing is set for March 28, and he could face a century behind bars.
💰 Spendy… Gemini, the crypto exchange helmed by the Winklevoss twins, will return $1.1B to customers following the bankruptcy of its crypto-lending partner, Genesis. Gemini had promised its Earn customers interest of up to 8% on crypto it had lent to Genesis.
🤖 Techy… Some Coinbase customers said they couldn’t trade crypto and saw incorrect balances of zero as bitcoin prices popped. It’s not the first time Coinbase experienced outages during a rally. It blamed a traffic surge.
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