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Last week's highlights...

Snacks / Monday, February 14, 2022
  • Versace: The DOJ seized a record $3.6B worth of Bitcoin and arrested a millennial couple (feat. a “financial rapper”) in connection with the 2016 Bitfinex hack, as regulators crack down on crypto crimes.
  • Burst: A key pipeline that carries gas from Russia to Germany is at the center of escalating Russia-Ukraine tensions — but a trade war with Russia could hurt more than just Europe’s gas supply.
  • Fees: Discount airlines Frontier and Spirit agreed to a $6.6B merger that would create the fifth-largest US airline (#FrontSpirit). But Biden’s “big is bad” regulatory stance could keep the deal from taking off.

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Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.