Falling crypto prices caused crypto scam revenue to plummet in 2022, though two scam types managed to persist. Source: https://cointelegraph.com/news/crypto-scammers-feel-the-chill-revenue-drops-46-in-2022-chainalysis

A proposal by Celsius sees most creditors receive a one-time payment of crypto while those with a larger claim would receive equity in a new company. Source: https://cointelegraph.com/news/celsius-chooses-novawulf-s-bid-to-exit-from-bankruptcy

The group’s policy head doubted a divided Congress can create crypto legislation but said it doesn’t give regulators absolute authority in the interim. Source: https://cointelegraph.com/news/crypto-regulation-decided-by-congress-not-the-sec-blockchain-association

Paxos said it will engage with the US securities regulator on the matter and is prepared to “vigorously litigate if necessary.” Source: https://cointelegraph.com/news/paxos-categorically-disagrees-with-the-sec-that-busd-is-a-security

The shutdown of Nexo’s earn product follows from a multi-million dollar settlement the firm paid last month with U.S. regulators. Source: https://cointelegraph.com/news/nexo-shutters-us-earn-product-a-month-after-settling-with-regulators

Top Stories This Week Kraken reaches $30M settlement with SEC over staking as IRS seeks user information Kraken has agreed to stop offering staking services or programs to United …

BTC and the crypto market will continue to battle with strong headwinds, but analysts explain why Q3 and Q4 of 2023 could turn out well for Bitcoin. Source: https://cointelegraph.com/news/bitcoin-price-correction-was-overdue-analysts-outline-why-the-end-of-2023-will-be-bullish

A slated financial literacy book by Alex Mashinsky has already been canceled but the book’s publisher is still trying to wipe all traces of it from the internet. Source: …

The shares were bought by FTX founder Sam Bankman-Fried and co-founder Gary Wang last year and have been tussled over since the collapse of FTX. Source: https://cointelegraph.com/news/robinhood-board-gives-nod-to-buy-sam-bankman-fried-s-578m-stake

The appeal, filed on the last possible day, prevents the names of two bond guarantors for SBF from being revealed until at least Feb. 14. Source: https://cointelegraph.com/news/sbf-s-lawyers-move-to-block-release-of-bail-guarantors-identities