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Daily News on Bitcoin and Lightning. #BitcoinNews

BREAKING: CZ sentenced to 4 months in jail.

NEW: 🇬🇧 UK “Police will no longer be required to make an arrest before seizing crypto from a suspect.

This will make it easier to take assets which are known to have been criminally obtained, even if sophisticated criminals are able to protect their anonymity or are based overseas.”

NEW: Poloniex hacker moved 501 #Bitcoin (💵 $32M) to new addresses, likely to hide the origin of the stolen funds 👀

NEW: CZ is due in court today to face sentencing.

Prosecutors say Zhao violated U.S. law on an “unprecedented scale,” showing a “deliberate disregard” for Binance’s legal responsibilities.

Legal experts believe he is facing between 10 months to 3 years behind bars.

NEW: Solo #Bitcoin  ⛏️ miner solves block no. 841286 👏

NEW: Coin Center responds to the DOJ

"In light of these recent prosecutions, the warning from the FBI can be interpreted as a not-so-subtle threat that Americans who keep their crypto off of regulated exchanges are likely to have their crypto seized."

JUST IN: Samourai Wallet Co-founder, Keonne Rodriguez, pleads not guilty to two criminal charges.

He is released on a $1 million bond and will be placed on house arrest in Pennsylvania until his trial.

NEW: The 🇭🇰 Hong Kong spot #Bitcoin ETFs are going live tomorrow and one issuer believes their first day will be larger than the 🇺🇸 US launch 👀

"I am very confident that the initial scale of Hong Kong virtual asset spot ETF listing (more than $125 million) can exceed the issuance scale of the first day in the United States." - Zhu Haokang, head of digital asset management and family wealth at Huaxia Fund

NEW: 91% of all #Bitcoin addresses are in profit 🙌

JUST IN: If you are a 🇺🇸 US Citizen or

Resident, you are not allowed to download Wasabi Wallet or use the Wasabi Wallet coinjoin feature 😮

This includes if you are a U.S. permanent resident or if you are an individual that holds a U.S. passport.

Christine Lagarde on #Bitcoin : “If there is an escape, that escape will be used.”

NEW: “🇨🇳 Mainland Chinese citizens will not be able to participate in 🇭🇰 Hong Kong's #Bitcoin ETFs,” says Bloomberg data analyst Jack Wang.

BREAKING: Philadelphia-based Republic First Bank collapses, goes into receivership with all assets transferred to Fulton Bank via the FDIC 👀😮

JUST IN: WSJ reports former Trump administration officials have proposed various plans for the Fed if Trump wins in November, including giving the president authority to set interest rates and dismiss Jerome Powell before his term ends in 2026 👀😮