The steady recovery of market leaders Bitcoin and Ethereum was outdone by several surging altcoins this week, including Polygon, Render and Shiba Inu. The fifth week of the year was the fourth week of 2023 growth for crypto markets.
Public interest in the cataclysmic unraveling of FTX continued unabated this week. On Monday, crypto news account @tier10k shared an email sent by disgraced former FTX CEO Sam Bankman-Fried to a witness in the ongoing case against him for several financial crimes. An email in which he suggested to ‘Witness 1’ that they “use each other.”
In a similarly obsequious tone, SBF also tried to link up with the new FTX CEO, bankruptcy lawyer John Jay Ray III.
Also on Monday, blockchain attorney Lisa Rubin tweeted some important but overlooked news about the many bills relating to crypto that were considered in last year’s Congress.
Any crypto bills introduced in 2022 are now wiped clean. The new Congress took office January 2023. This means for any crypto bills discussed last year to be considered, they will…