🇬🇷 Greek police arrested 17 people, including 9 military personnel, over an alleged cryptocurrency investment fraud network.
💰 Authorities say the scheme reportedly attracted at least 10,000 people and around $8M flowed through the platform. Investigators allege participants were promised to double their money in 50 days and were encouraged to recruit new investors.
⚠️ Police also seized €295,090 in cash along with phones, computers and storage devices. The suspects remain allegations at this stage as the investigation continues.
👀 Big red flags: guaranteed returns, rapid doubling promises and rewards for recruiting others.
🇺🇸 The SEC approved a Cboe BZX rule change allowing the exchange to move forward with listing 3× daily leveraged Bitcoin and Ether ETPs from Volatility Shares.
₿ 3× Bitcoin ♦ 3× Ether ⛽ Also includes gold, silver, crude oil and natural gas products.
📊 The crypto ETPs use futures-based exposure and reset their 3× target daily.
⚠️ Important: The approval does not mean trading has started. Separate registration statements still need to become effective.
👀 Could 3× crypto ETPs bring a new wave of leveraged market exposure?
🇺🇸🇷🇺 Reports say discussions over Ukraine may now involve a potential deal for Lukoil’s international oil assets, including refineries, oil fields and fuel stations.
💰 The reported investor group includes U.S. investor Todd Boehly and Middle Eastern business groups, with approvals reportedly needed from both Washington and Moscow.
🛢️ Why it matters: The deal could intersect with sanctions, energy markets and Ukraine peace negotiations.
⚠️ Nothing is confirmed yet. The White House, U.S. Treasury and Lukoil had not commented in the cited reporting.
👀 Could a major oil deal become part of the wider Ukraine negotiations?
⚠️ BitGo CEO Warns of U.S. Crypto Market-Structure Risk
🏦 BitGo CEO Mike Belshe says the stalled CLARITY Act could leave U.S. crypto markets exposed to risks from firms combining exchange, brokerage, and custody under one roof.
🔐 His concern: too much activity concentrated in one institution could create a single point of failure if something goes wrong.
📌 The CLARITY Act failed to advance in the Senate in September, leaving parts of the proposed market-structure framework unresolved.
👀 Could market structure become the next major U.S. crypto regulation debate?