Few spaces, if any, move faster than crypto, and in just 24 hours, there’s already so much to catch up on. FTX is set to sell $873 million of trust assets as part of its continued attempts to make creditors whole, Binance is in hot water with the Philippines SEC, and Twitter (now X) co-founder Jack Dorsey led a funding round for a company looking to decentralize the Bitcoin mining process. And finally, we have the fascinating story of Charlie Shrem, a man who went from a basement to the cover of Forbes — and then to prison!

Further reading:

• FTX given the green light to sell $873 million of trust assets to pay creditors
• Jack Dorsey leads a funding round for a company decentralizing Bitcoin mining
• The Philippines SEC says Binance is operating without a license
• U.K. tax authority issues warning for crypto holders
• The fascinating and turbulent story of Bitcoin millionaire, Charlie Shrem

References:
Crypto Stories YouTube Playlist
How to manage crypto losses on tax returns in the US, UK and Canada

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