The last week of 2022 ends with a bang but not in terms of price action, which remains as dull as possible. However, it was marked by multiple events, so let's dive in. First things first, Michael Saylor's MicroStrategy seems far from being done with buying BTC. The company revealed another purchase of around 2,500 bitcoins, bringing its total to more than 132K. It's also worth noting, though, that the company also sold around 700 BTC for the first time ever – for tax purposes. It's also interesting to note that the company revealed that it plans to introduce Bitcoin lightning Network applications during the following year. Elsewhere, revelations in the case against FTX, Alameda, and its executives (in the face of SBF, Caroline Ellison, and Gary Wang) continue with full force. This week, it became clear that Bankman-Fried used a loan from Alameda to buy his shares in the popular retail-oriented trading platform Robinhood. Later in the week, it also became clear that the Bahamas seized a whopping $3.5 billion from the exchange to keep them from vanishing. |
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