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Multiple U.S. Lawmakers Have Surrendered FTX Donations to Marshals at the Direction of the Country’s Justice Department

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Today’s Cryptocurrency Headline

The US Department of Justice has instructed lawmakers to donate FTX funds to American law enforcement. Bob Latta, a Republican congressman from Ohio, stated that his campaign team voluntarily surrendered the funds shortly after receiving the DOJ’s notification. The transactions appear to have taken place earlier this year. A spokesperson confirmed that FTX donations to support the campaign of Lori Chavez-DeRemer, a Republican candidate in Ohio, were also turned over. Multiple reports indicate that Representatives Marc Molinaro (R-NY), Elise Stefanik (R-NY), and Brian Fitzpatrick (R-Penn.) have also surrendered FTX-related donations to US law enforcement.

BingX’s Bitcoin Chart

Source: TradingView & BingX

BTC showed a weaker performance compared to ETH in the past few days. After a failed rebound attempt, BTC started oscillating downwards following a peak near $27,200. It then entered a range-bound phase, touching the lower boundary of the previous range in the evening. In the early hours, it experienced an upward oscillation, reaching around $27,500. The key question now is whether BTC can break through the $27,500 level and potentially test $28,000. Otherwise, further oscillation is likely. The market remains in a state of uncertainty, suggesting cautious trading within the range until a breakout occurs.


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