Mystery Bet Before SEC Crypto Crackdown May Mint Trader Millions

(Bloomberg) -- Less than a half hour before US regulators cracked down on a key crypto exchange, an options trader made a short-term bet against Coinbase Global Inc. that may have netted them millions of dollars.Most Read from BloombergThese Are the World’s 20 Most Expensive Cities for Expats in 2023George Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailDam Destroyed in the Dead of Night Upstages Ukraine’s CounteroffensiveTech Stocks Sputter as Traders Consider July Hike: M

• 2023-06-08
• Bloomberg options trader millions of dollars Binance Holdings Ltd

Mike Novogratz Says He’s Not Expecting ‘Quick Closure’ on SEC Crypto Suits

(Bloomberg) -- Mike Novogratz, the founder of Galaxy Digital Holdings Ltd., said he’s not expecting a “quick closure” on the recent lawsuits brought by the US Securities and Exchange Commission against Coinbase Global Inc and Binance Holdings Ltd.Most Read from BloombergGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUkraine Dam Blast Blamed on Russia Tips War Into New PhaseDam Destroyed in the Dead of Ni

• 2023-06-07
• Mike Novogratz US Securities and Exchange Commission Bloomberg Binance Holdings Ltd Galaxy Digital Holdings Ltd. the SEC