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Coinbase fights SEC in court, SBF’s parents seek lawsuit dismissal, and Bitcoin ETFs: Hodler’s Digest, Jan. 14-20

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Coinbase and SEC face off at hearing, Sam Bankman-Fried’s parents seek clawback dismissal, and the first trading days for Bitcoin ETFs.

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Coin Market

Surprise nonfarm payrolls print sends Bitcoin back below 80K

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The US economy added far more jobs than expected in August, pressuring Bitcoin lower as traders repriced the odds of a Federal Reserve rate cut this month.

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Coin Market

Pineapple Financial puts $1B in mortgage records on Injective

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The mortgage lender plans to bring more than $10 billion in historical loans onchain, turning thousands of mortgage files into blockchain-based records.

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Coin Market

FinCEN ties $13B in crypto scams to non-US operations

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The agency reported that “transnational criminal organizations” based in compounds in Southeast Asia were largely behind digital asset scams targeting US residents.

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