Pennsylvania may allocate up to 10% of its $7B reserve to Bitcoin, becoming the first state with a crypto reserve. Meanwhile, Ilya Lichtenstein was sentenced for the 2016 Bitfinex hack. Trump’s win reshapes crypto leadership, with SEC Chair Gensler resigning and Bitcoin ETFs seeing $400M in outflows.

RESOURCES

https://cryptoslate.com/pennsylvannia-introduces-bill-to-use-7-billion-state-fund-for-bitcoin-strategic-reserve-purchases/

https://www.coindesk.com/policy/2024/11/15/razzlekhans-husband-gets-five-years-prison-sentence-for-bitfinex-hack/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

https://www.coindesk.com/policy/2024/11/15/trump-names-former-sec-chair-jay-clayton-to-doj-office-the-same-office-that-prosecuted-sbf/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

https://www.dlnews.com/articles/regulation/sec-chief-gary-gensler-signals-resignation-in-speech/

https://www.theblock.co/post/326759/bpot-bitcoin-etf-outflows-400-million-usd?utm_source=rss&utm_medium=rss

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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! 

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