Two Binance executives were recently detained in the country, and the exchange’s CEO Richard Teng, has been summoned to appear before a committee.source
The large outflow could perhaps indicate that crypto lender Genesis started or ramped up the pace of unloading its GBTC holdings, capitalizing on bitcoin’s rally.
The House Financial Services Committee also seemed inclined to adopt a bill giving the U.S. Secret Service more resources to investigate crypto crimes.source
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