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The Crypto Catch-Up…

Snacks / Friday, December 22, 2023

⚖️ Judgy… A judge rejected a request from Sam Bankman-Fried’s lawyers to delay the former crypto kingpin’s sentencing (scheduled for March). He’s facing a potential prison sentence of 100+ years, along with charges related to bribery allegations.

🌶️ Spicy… A hacker stole 54 high-profile NFTs (think: Bored Apes) worth nearly $3M, but returned them after getting a $267K ransom. It’s the latest example of hack to return, a trend that’s seen thieves return stolen loot for payment.

🪙 Coins… The solana blockchain is having a moment, with traders’ renewed interest sending the price of solana-native memecoin bonk inu up nearly 1,000%. The chain was all but declared dead earlier this year because of its association with SBF.

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