1.Bybit CEO:PI is a scam. Bybit will not list any projects suspected to be a scam.
Bybit CEO Ben Zhou tweeted that the Chinese police issued an official warning about PI in 2023, warning the public that the PI project was a scam aimed at the elderly, leaking personal data and causing pension losses. Bybit did not apply to PI for listing, claiming that PI refused to list Bybit or that Bybit did not pass some kind of PI KYB is complete nonsense. If the PI project is real and legal, you should take the initiative to respond to these questions instead of fabricating lies and carrying out baseless attacks; I still think that PI is a scam and Bybit will not list any suspected scams.
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two。 Reuters: Japan’s core consumer inflation rate reached 3.2% in January, the fastest pace in 19 months
Japan’s core consumer inflation hit 3.2 per cent in January, the fastest pace in 19 months, raising expectations that the central bank will continue to raise interest rates from still low levels. The market believes that as inflationary pressures intensify, the Bank of Japan may raise interest rates more aggressively than initially expected.
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3.Sunil: FTX claim release does not cover China and other jurisdictions for the time being
Sunil, a FTX creditor, tweeted that FTX bankruptcy claims currently do not include some jurisdictions, including Russia, China, Egypt, Nigeria and Ukraine. FTX said it was evaluating the options. In addition, China is the largest of FTX’s global customers, after Cayman and BVI, accounting for about 8 per cent.
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In an interview in prison, 4.SBF changed his political stance to support Trump and tried to seek amnesty.
In his first interview at the Metropolitan Detention Center in Brooklyn, New York, FTX founder SBF criticized the “destructive” politicization of the Biden administration’s justice system and tried to seek a pardon from President Trump. In addition, SBF reiterated the claim that FTX and Alameda Research had been solvent, saying that law firm Sullivan & Cromwell mishandled FTX’s bankruptcy after it took over FTX in November 2022.
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5. SEC staff of the United States have agreed in principle to withdraw the law enforcement lawsuit against Coinbase.
Coinbase said the case should not be brought and SEC had previously approved its listing. SEC is expected to hold a formal vote on the matter next week. ‘We have reached an agreement with the SEC staff to drop their lawsuit against Coinbase, ‘Coinbase CEO Brian Armstrong said. Once approved by the committee (we are told that it will be approved next week), it will be completely withdrawn, with a fine of $0, and there will be no change in our business. SEC made it clear to us that the only way to avoid litigation is to remove many of the assets they falsely claim to be securities from the market.
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6. The Chinese court ruled that the investment in encrypted currency contract was invalid
Recently, the Jiangsu Provincial High Court issued a typical foreign-related case in which a Singaporean investor cooperated with a Chinese citizen to invest in encrypted currency, and the court ruled that the ldquo; contract was invalid and at his own risk & rdquo;, Singapore investors lost millions of principal. The Chinese court directly ruled that the contract was invalid on the grounds that virtual currency investment is an illegal financial activity in China and violates public order and good customs.
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