Из жизни альткоинов

Крупнейший русскоязычный агрегатор криптообменников Bestchange сообщил, что ограничил рублевые операции 95 обменным сервисам. Сервисы применяли схему «белый треугольник», объявил агрегатор.

As the leading player in the crypto exchange market, Binance currently dominates in trading volume, user visits, and average liquidity. However, the upcoming HIP-3 upgrade for Hyperliquid is being touted as a catalyst that could propel the decentralized exchange (DEX) into a competitive position, potentially even surpassing Binance.

How HIP-3 Expands Hyperliquid’s Reach Into TradFi

The significance of HIP-3 lies in its ability to decentralize market creation, fostering an environment ripe for permissionless innovation. Traditional perpetual DEXs and centralized exchanges (CEXs) like Binance have historically relied on opaque listing processes, which restrict growth to a limited selection of assets. 

HIP-3 aims to transform this approach by allowing anyone to launch a full perpetual DEX on HyperCore, the CEX’s custom-built layer-1 (L1) blockchain. 

This includes customizable features such as order books, oracles, leverage limits (up to 20x), and various collateral types, contingent upon staking HYPE and successfully participating in Dutch auctions for new assets.

In addition to decentralizing asset creation, HIP-3 expands Hyperliquid’s scope beyond the realm of crypto. The upgrade encompasses traditional financial assets, including stocks, forex, and commodities, effectively blurring the lines between decentralized finance (DeFi) and traditional finance (TradFi).

According to analysts, this could potentially attract millions of retail stock traders and potential trillions in inflows by those who are seeking 24/7 access to zero-middleman perpetual trading with substantial liquidity.

Binance May Lose Its Top Spot  

Moreover, HIP-3 is set to create a “virtuous economic flywheel” for the HYPE token. By requiring the staking of 500,000 HYPE tokens per DEX, the upgrade would lock approximately 20% of the circulating supply if 100 projects are deployed. 

This staking mechanism, along with validator-voted slashing for misconduct, ensures that only quality projects are launched. Deployers stand to earn up to 50% of trading fees, incentivizing high-volume markets that not only boost protocol revenue but also contribute to HYPE buybacks.

Industry analysts, including social media commentator Andy, predict that Binance’s top position is at risk of being supplanted by a combination of “well-regulated” centralized exchanges and Hyperliquid. 

This narrative is gaining traction, particularly in light of the recent October 10 crypto market crash, which caused billions in losses for traders. While Binance struggled with technical difficulties, Hyperliquid reportedly maintained 100% uptime with no bad debt, as highlighted by founder Jeff Yan. 

Concerns Over Liquidation Transparency

As reported earlier this week by NewsBTC, Yan raised concerns over a troubling trend among certain centralized exchanges, claiming that many underreport user liquidations. 

Using Binance as an example, Yan pointed out that even when thousands of liquidation orders occur simultaneously, only one is typically reported due to limitations in their data stream.

Despite Hyperliquid’s ambitious vision and the promising features of HIP-3, significant gaps remain in trading volume and user engagement compared to Binance. 

However, the recent technical challenges faced by Binance could shift investor sentiment, prompting a search for more innovative alternatives in the crypto exchange sector. 

At the time of writing, the DEX’s native token, HYPE, is trading at $38.78, having recorded losses of 15% over the past week. Similarly, Binance Coin (BNB) is trading at $1,160, representing a loss of 10% over the same period. 

Featured image from Shutterstock, chart from TradingView.com 

В Уйском районе Челябинской области России против воспитательницы детского сада возбудили уголовное дело об использовании компенсации за оплату электроэнергии для покрытия расходов семейной майнинговой фермы.

A House of Representatives lawmaker has introduced a bill that could codify President Trump’s executive order and allow crypto and other “alternative assets” to be included in 401(k) retirement plans.

House Lawmaker Moves To Codify Trump’s EO

On Tuesday, House of Representatives member Troy Downing proposed a bill to codify President Donald Trump’s Executive Order (EO), which aimed to democratize access to alternative investments for 401(k) investors.

Representative Downing introduced the Retirement Investment Choice Act in the House Financial Services Committee, supported by Republican Representatives Byron Donalds, Warren Davidson, Marlin Stutzman, Buddy Carter, and Barry Moore.

If approved, the proposed bill will give President Trump’s EO “the force and effect of law,” making it easier for investors to access cryptocurrencies and other alternative assets in their 401(k) retirement plans.

In August, President Trump signed Executive Order 14330 that aimed to allow more private equity, real estate, cryptocurrency, and other alternative assets in 401(k) retirement accounts.

The EO directed the Department of Labor (DOL) and the Securities and Exchange Commission (SEC) to reduce regulatory barriers that prohibit investments in alternative assets in their defined contribution retirement plans, and to clarify or revise rules that could help shield the industry from litigation risk.

Representative Downing affirmed that “alternative investments hold the transformative potential to supercharge the financial security of countless Americans saving for retirement.” “I applaud President Trump for his leadership to democratize finance and am proud to be leading the effort in Congress to codify his EO and enshrine this move for generations to come.”

Crypto Push For 401(k) Retirement Plans

The push to add cryptocurrencies to retirement plans has gained momentum over the past few months. In May, the US Department of Labor (DOL) rescinded its 2022 guidance, which discouraged fiduciaries from including crypto asset investments in 401(k) retirement plans.

The direction, issued in March 2022, followed Former President Joe Biden’s executive order, which required the government to assess the risks and benefits of digital assets.

The EO instructed plan fiduciaries under the Employee Retirement Income Security Act (ERISA) to exercise “extreme care” before adding crypto assets to their investment menus, asserting that the digital asset industry’s early stage could pose significant risks.

US Secretary of Labor Lori Chavez-DeRemer explained the agency was “rolling back this overreach and making it clear that investment decisions should be made by fiduciaries, not DC bureaucrats.”

In September, Representative Downing joined Financial Services Committee Chairman French Hill and seven other Committee members on a letter supporting the executive order. As reported by Bitcoinist, a group of US lawmakers sent a letter to SEC’s Chairman Paul Atkins highlighting the EO’s potential to enhance retirement savings for millions of Americans.

Notably, the lawmakers emphasized the importance of allowing access to cryptocurrencies and other alternative investments in 401(k) plans, arguing that they could improve net risk-adjusted returns for retirement accounts.

The letter urged the SEC to collaborate with the DOL to revise existing regulations and ensure that these alternative investment opportunities become accessible to a broader range of investors.

Nonetheless, the efforts to develop legislation that opens access to these alternative assets have received backlash, which might suggest that the recently introduced bill could also face opposition.

Last week, the largest US federation of trade unions urged US lawmakers to reject the Senate’s version of the crypto market structure bill, citing serious concerns and a lack of adequate safeguards for workers and their retirement plans.

Jody Calemine, Director of Government Affairs at The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO), sent a letter to the US Senate Banking Committee, arguing that the bill’s treatment of crypto assets posed a risk to both retirement funds and the overall financial stability of the US economy.

Stay Ahead with the Latest Insights of Today’s Trump Crypto News

Check out our Live Trump Crypto Updates for October 16, 2025!

US President Donald Trump is probably the most pro-crypto president in the world.

To name a few crypto initiatives proposed under his admin: the GENIUS and CLARITY acts, the crypto 401k initiative, the national US Bitcoin Reserve, and Trump’s dream to make the US the ‘crypto capital of the world.’

It’s not an exaggeration to call Trump the Crypto President. His Truth Social posts make or break crypto markets, and he’s even launched his own meme coin ($TRUMP).

Best of all, much of the current market’s bullish momentum is due to Trump’s pro-crypto agenda. Bitcoin and top altcoins have peaked thanks to his administration.

If you’re looking for the latest updates on Trump’s crypto policies before the market prices them, you’ve come to the to right place.

We update this page regularly throughout the day with the latest insider knowledge about Trump’s crypto moves. Keep refreshing to stay ahead of the pack!

Disclaimer: No crypto investment comes without risk. Our content is for informational purposes, not financial advice. We may earn affiliate commissions at no extra cost to you.

$DOGE Could Reach $0.5 During Trump’s Crypto-Driven Administration as Maxi Doge Rallies

October 15, 2025 • 10:00 UTC

$DOGE could reach $0.5 this coming Q4 as it’s now hovering around the $0.2 zone, still in recovery mode after last Friday’s market crash.

Part of $DOGE’s momentum comes from Elon Musk’s X interactions, where he recently agreed with an analyst who said that Dogecoin is based on energy, just like Bitcoin.

Trader Tardigrade tuned in as well to point at $DOGE’s bullish indicators, which may suggest a sustained rally by the end of Q4.

With Dogecoin on the verge of a bull run, Maxi Doge ($MAXI) shows equal growth potential.

As the official mascot of degen traders, Maxi Doge chases pumps 24/7, while high on Red Bull and raw Maxitren9000.

Learn more about Maxi Doge ($MAXI) right here. 

Eric Trump to Tokenize Real Estate, Bringing Bitcoin and Bitcoin Hyper Into Trump’s Crypto World

October 15, 2025 • 10:00 UTC

Eric Trump declared in an interview with CoinDesk that he plans to kickstart the tokenization of its real estate portfolio.

In Eric Trump’s view, if he doesn’t do it, someone else would, because ‘the world is migrating to a system like that’.

The news could be just what the market needed to scare the bear away and stop Bitcoin’s fall below the $110K mark.

Bitcoin Hyper’s ($HYPER) $23.8M presale is also likely to gain a lot of attention this Q4, after already qualifying as one of the most successful presales of 2025.

As Bitcoin’s Layer 2 solution, Hyper promises a cheaper and more performant Bitcoin ecosystem, turning the network faster and more scalable for institutional investors.

Learn how to buy $HYPER right here.

Authored by Ben Wallis, Bitcoinist — https://bitcoinist.com/trump-crypto-news-live-today-october-16

С начала июля по конец сентября к накоплению биткоинов присоединились еще 48 новых компаний. Общее количество корпоративных держателей первой криптовалюты достигло 172, сообщили специалисты компании Bitwise.

Управляющий Резервного банка Индии (RBI) Санджай Малхотра (Sanjay Malhotra) призвал центральные банки всех стран использовать вместо стейблкоинов собственные цифровые валюты (CBDC) для международных платежей.

Медианная задержка выполнения ордера на OKX во время рыночной волатильности составила 3 миллисекунды — именно столько времени в среднем потребовалось системе для обработки ордеров в момент, когда многие участники столкнулись со сбоями и проскальзыванием.

Биткоин вступает в позднюю и не совсем обычную стадию бычьего цикла по мере того, как контроль над активом переходит к новым крупным держателям, сообщили аналитики компании CryptoQuant.

A new crypto bank has emerged in the form of Erebor, a firm backed by a group of tech billionaires, including Peter Thiel, a figure with connections to President Donald Trump’s administration. Having received regulatory approval to launch, the bank is seeking to address the gap left by the collapse of Silicon Valley Bank (SVB). 

Erebor Receives Preliminary Approval

According to its banking charter application, Erebor intends to serve businesses within the US “innovation economy,” particularly tech companies concentrated on cryptocurrencies, artificial intelligence (AI), defense, and manufacturing. 

A source close to Erebor told the Financial Times that the bank’s commitment to being a stable and reliable institution, stating, “We want to be a stable, low-risk, reliable bank doing normal banking things without screwing everyone over with undue risk.”

Erebor was granted “preliminary and conditional” approval by regulators on Wednesday, just four months after submitting its application for a national bank charter in June. 

This approval reflects the administration’s initiative to lower regulatory barriers and encourage new entrants in the banking sector, particularly those focused on crypto, as part of the President’s vision to make America the crypto capital of the world. 

OCC’s Support For Crypto Banking Institutions

Despite the bank’s ties to the political landscape in the US, a representative clarified that there was “no special treatment” from the Trump administration during the approvals process.

Adam Cohen, a partner at the law firm Skadden who submitted Erebor’s bank charter application, recently transitioned to the Office of the Comptroller of the Currency (OCC) as chief counsel to OCC head Jonathan Gould. 

In a statement on Wednesday, Gould noted that Erebor was the first new bank to receive preliminary conditional approval since his appointment, reinforcing that the OCC under his leadership is willing to support banks engaging in crypto activities.

Erebor is backed by $275 million in capital, with the majority held as regulatory capital and not intended for immediate operations. The founders plan to seek additional funding in the future to expedite expansion. 

The bank will be headquartered in Columbus, Ohio, with a secondary office in New York, but it will provide digital-only customer service, marketing its offerings through a smartphone app and website.

Warren Labels Erebor A ‘Risky Venture’

According to the Financial Times, Erebor plans to incorporate stablecoins into its operations, aligning with the Trump administration’s recent reversal of rules that limited banks from engaging in stablecoin transactions. 

A source close to Erebor indicated that the bank’s rapid approval reflects its “extremely conservative business plan,” emphasizing that it would not operate as a “wacky, techno crypto bank.”

However, the approval has drawn criticism, particularly from Senator Elizabeth Warren, the leading Democrat on the Senate Banking Committee. She described Erebor as a “risky venture that could set up another bailout funded by American taxpayers.” 

Erebor will be led by CEO Owen Rapaport, co-founder of digital assets software company Aer Compliance, and Chief Strategy Officer Jacob Hirshman, who previously served as an advisor at crypto firm Circle. 

Mike Hagedorn, formerly a senior executive vice president at New Jersey-based Valley National Bank, will serve as the bank’s president.

Featured image from DALL-E, chart from TradingView.com

Основатель компании Bitcoin.com Роджер Вер (Roger Ver), получивший прозвище Биткоин-Иисус за продвижение криптовалют, согласился заплатить Налоговой службе США (IRS) $50 млн, чтобы урегулировать ее претензии и прекратить уголовное дело.

Экономист и член правления Российского союза промышленников и предпринимателей (РСПП) Анатолий Никитин заявил, что работающие россияне начнут получать зарплату в цифровых рублях не ранее, чем через год.

New York City moved on October 14, 2025, to form an official office focused on crypto and blockchain. According to the city’s announcement, Mayor Eric Adams signed Executive Order 57 to set up the Office of Digital Assets and Blockchain Technology.

The office will be the first-ever municipal body in the United States dedicated solely to these technologies. Moises Rendon was named Executive Director. Reports say the office will report to the city’s Chief Technology Officer.

New Crypto Office: 5 Main Functions

According to the executive order, the new office has five main duties. It will guide city policy on digital assets, coordinate across agencies, run public education programs, explore how blockchain could help city services, and work with the NYC Economic Development Corporation to draw business and jobs.

The move is described as an attempt to balance consumer protection and broader access. Some of the work will focus on helping underbanked New Yorkers understand risks like fraud and scams.

City Hires Policy Expert To Lead Effort

Based on reports, Rendon has previously worked inside city government on technology and policy issues, most recently as a policy advisor in the Office of Technology and Innovation.

He will be expected to connect city departments that touch payments, records, and technical projects. Coordination is part of the mandate. Agencies will be asked to align their approaches so residents and companies face less confusion when they deal with city services that involve tokens, wallets, or blockchain records.

Plans To Educate And Protect Residents

Reports have disclosed that one major aim is public education. The office will create outreach programs to explain what digital assets are, how they work, and what dangers exist.

That is meant to lower the chance that consumers fall for scams or lose savings to hacks. It will also study possible blockchain uses for public records and secure data sharing. Some projects will be exploratory and may require partnerships with private firms or universities.

According to city statements, the crypto office will coordinate with state and federal regulators rather than try to replace them. It will offer advice to the mayor and act as a single point of contact for industry groups that want to work with the city.

A Crypto Advocate

Adams has long backed cryptocurrency. When he became mayor in January 2022, he converted his first three paychecks into Bitcoin and Ethereum, a move that drew mockery from many.

By late 2024, as Bitcoin neared $100,000, he fired back at critics, saying, “Remember y’all laughed at me when I first got my Bitcoin? Who’s laughing now?”

Records show his Bitcoin holdings at the end of 2023 ranged between $5,000 and $55,000.

Featured image from Unsplash, chart from TradingView 

Сотрудники Следственного комитета по Калужской области заявили о возбуждении уголовного дела по факту незаконной организации трех ферм для майнинга на территории промышленного предприятия в Калуге.

Исполнительный председатель Strategy Майкл Сэйлор (Michael Saylor) призвал людей, инвестирующих в биткоин, не поддаваться пессимистичным настроениям и предположениям о дальнейшем падении крипторынка.

The Solana price is edging closer to a potential breakout as institutional demand accelerates and asset manager VanEck refines its spot Solana (SOL) ETF proposal with the U.S. Securities and Exchange Commission (SEC).

The revised filing, VanEck’s fifth amendment, cuts fees to 0.30% and introduces regulated staking, positioning the fund as one of the most innovative and cost-effective digital asset ETFs to date.

VanEck Pushes Ahead With Solana ETF Featuring Staking Rewards

The proposed VanEck Solana ETF (VSOL) aims to track the market performance of the Solana price while generating additional yield through staking, a first-of-its-kind structure for a U.S.-listed digital asset fund.

The ETF will list on the Cboe BZX Exchange and delegate a portion of its holdings to approved validators like Gemini and Coinbase Custody, which will manage staking operations in regulated, insured environments.

VanEck’s new filing also establishes a 5% liquidity buffer to protect investors during market volatility and ensure smooth redemptions, even when Solana’s native network experiences unbonding delays.

The decision to include staking could attract institutional players seeking regulated yield exposure, with analysts calling the move a “pivotal bridge” between traditional finance and decentralized ecosystems.

Despite the progress, SEC approval remains delayed amid the U.S. government shutdown, though Bloomberg’s James Seyffart noted that the ETF falls under the Generic Listing Standards, meaning there’s no fixed decision deadline.

Institutional Accumulation Builds as Solana Price Holds Key Levels

On-chain data shows whales withdrew over $169 million in SOL from exchanges this week, signaling accumulation rather than distribution. Treasury firms such as Solmate and SOL Strategies have reportedly purchased millions worth of SOL below $200, further confirming institutional confidence.

Meanwhile, retail positioning remains strongly bullish, with over 76% of traders net long, a level historically linked to upward price reversals.

Technically, the Solana price is consolidating near $210, holding above its ascending trendline support at $185. Analysts see this as part of a reaccumulation phase that could precede a larger breakout.

CryptoJelleNL highlighted a “cup and handle” formation, suggesting potential upside toward the $300–$360 zone once resistance levels at $220–$230 are cleared.

Grayscale Labels Solana “Crypto’s Financial Bazaar”

In parallel, Grayscale Research has described Solana as “crypto’s financial bazaar,” citing its robust on-chain economy, low fees, and unmatched transaction throughput. The network now hosts over 500 active applications and generates roughly $5 billion annually in transaction fees, metrics that underpin its growing institutional narrative.

With ETF momentum, whale accumulation, and strong network fundamentals converging, analysts agree that Solana’s next confirmed breakout could cement its position as one of the strongest large-cap performers heading into Q4 2025.

Cover image from ChatGPT, SOLUSD chart from Tradingview

Наиболее популярные индикаторы технического анализа разработаны очень давно. Однако рынки развиваются, появляются новые активы, и это требует новых решений. Одним из инструментов, которые отвечают вызовам современных криптотрейдеров, стал ALMA.

Shiba Inu has restored BONE transfers on Shibarium’s Plasma bridge, re-enabling deposits and withdrawals between Ethereum and the layer-2 network following a security incident that forced a month-long pause. In an October 14 post, core contributor Kaal Dhairya wrote that the “Plasma Bridge is back online for BONE, following a comprehensive review and a series of security enhancements,” adding that users can now bridge BONE “with a safer, stronger, and more resilient experience.”

Shiba Inu Relaunches The Shibarium Bridge

The relaunch comes after Shibarium’s bridge was restricted in mid-September following a validator-key compromise that enabled a malicious exit on the PoS bridge. In a September 21 incident report, Dhairya stated that “on September 12, 2025 at 18:44 UTC, unauthorized validator signing power was used to push a malicious state/exit through the PoS bridge, withdrawing multiple assets,” prompting immediate containment measures and a broader hardening program. The team said at the time it would publish full technical details once it was safe to do so and that “bridging remains restricted during containment/hardening.”

Shibarium’s team is positioning the re-opened BONE bridge as the first step in a phased restoration of services, backed by new policy-level and operational controls. The most visible change for users is a mandatory delay before withdrawals finalize: “All BONE Plasma withdrawals now include a 7-day finalization delay. This buffer gives operators and security teams time to monitor and respond to unusual activity before funds finalize—significantly improving defense without removing user access.” The post frames the delay as reinforcing Plasma’s fraud-resistance guarantees.

Another control introduced at the bridge layer is proactive address blacklisting. According to the team, the new mechanism “lets us flag and block suspicious addresses at the bridge layer,” with the intent of preventing repeat abuse across the ecosystem. The Shiba Inu team also emphasized that critical code changes underwent an external review: “All critical changes were reviewed by Hexens, adding an independent layer of expert scrutiny.” The relaunch followed a validation sequence that included unit tests, end-to-end simulations, deployment on the public testnet (“Puppynet”), and “multi-timeframe” monitoring before production activation.

The October 14 update also addresses a separate strand of the September incident involving KNINE and minor OSCAR token flows. The Shiba Inu team disclosed that the attacker “drained and sold roughly $600 worth of OSCAR tokens from the bridge but ignored the 5 ETH recovery offer for KNINE tokens,” which now remain blacklisted and unusable to the attacker. The previously announced KNINE bounty “has expired,” the team said, but it plans “one final, conditional bounty (amount TBD) for complete return of all KNINE held by attacker-controlled addresses,” stressing that partial returns will not qualify and that terms will appear only on verified channels.

While only BONE is live on the Plasma bridge today, Shibarium signaled a broader roadmap. The team plans “gradual re-enablement for other tokens” and is “finalizing a fair and transparent repayment framework for affected users,” with specifics to be published once doing so would not increase risk. The post underscores a measured posture after the September compromise: “Safety first: We won’t publish specifics that could be gamed while security work is ongoing. Expect measured, verifiable updates.”

Context around the month-long outage highlights the extent of remediation behind the scenes. In late September, Shibarium detailed rotations of validator signers, migrations of contract control to multi-party hardware custody, targeted contract-level protections, live monitoring and exchange coordination, and the engagement of independent security and incident-response specialists. The September 21 update also acknowledged decentralization shortcomings in validator operations and outlined a hardening plan “in progress collaboration with Hexens,” with restoration gated on third-party sign-offs and successful drills on test environments.

For now, the reopening restores a critical path for validators, liquidity providers and users who rely on BONE mobility between Ethereum and Shibarium. As the post concludes, the new safeguards—including blacklisting and the 7-day challenge window—are intended to align the bridge’s user experience with the practical realities of operating a Plasma-style system under adversarial conditions: “Every new safeguard, every extra check, and yes—even the 7-day delay—reflects one core principle: protecting the community.”

At press time, the Shiba Inu (SHIB) token traded at $0.00001060.

Sam Bankman-Fried has gone on the offensive, accusing the administration of former US President Joe Biden of singling him out after he said he shifted large donations toward Republican causes.

In a post on microblogging site GETTR, he framed the move as political retaliation for his funding choices and for his plans to speak before Congress on crypto policy.

Sam Bankman-Fried: Claims Of Political Targeting

According to recent posts and statements attributed to him, he says he donated “tens of millions” to Republican groups and that federal actions followed soon after.

He argues his arrest came weeks before a crypto bill he backed was scheduled for a vote and the night before he was due to testify to lawmakers — timing he calls suspect. Reports note he published these allegations on social platforms where he has sought to explain his side.

The missing trail of internal messages has added fuel to the controversy. Based on reports, messages from former US Securities and Exchange Commission Chair Gary Gensler’s government phone covering parts of late 2022 and 2023 were not recoverable, which critics say leaves questions unanswered about how and when regulators decided to act.

Officials have offered technical explanations, while some lawmakers have demanded more documents and clarity.

Conviction And Punishment

Bankman-Fried faces a heavy legal record that complicates his claims. According to federal prosecutors and court filings, he was convicted on multiple fraud and conspiracy counts and later sentenced to a 25-year prison term after a trial that traced large customer losses to his companies.

Reports put customer losses in the billions and cite judicial findings about false statements and misuse of funds.

Financial fallout tied to the collapse of his exchange has already rippled through politics. Based on reports, FTX debtors and bankruptcy trustees have sought to recover more than $38 million in political donations made by him and associates, arguing some gifts were funded improperly.

The recovery efforts show the money flowed through a mix of PACs and dark-money groups, with a large share tied to Republican-aligned organizations.

Political Reactions And What Comes Next

Lawmakers and commentators have split along partisan lines in how they view his latest claims. Some Republican members of Congress have seized on the missing messages and the timing of the arrest to press for documents and answers from regulators.

Other observers point back to the trial record and evidence presented in court, saying the prosecution stood on detailed financial traces and witness testimony.

Bankman-Fried is serving his sentence at a federal prison in Mendota, California. He’s appealing his conviction, claiming unfair treatment and political bias. Once a billionaire leading a global exchange, FTX, he now spends his days behind bars, fighting to regain his freedom.

Featured image from The New York Times, chart from TradingView