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Arthur Hayes’ ‘sub $50K’ Bitcoin call, Mt. Gox CEO’s new exchange, and more: Hodler’s Digest, Sept. 1 – 7

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Arthur Hayes revealed he “took a cheeky short” on Bitcoin, former Mt. Gox CEO Mark Karpeles will launch a new crypto exchange: Hodler’s Digest

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Coin Market

Iran’s largest crypto exchange founded by sons of family tied to supreme leaders: Reuters

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Nobitex, Iran’s largest crypto exchange, was founded by brothers linked to the powerful Kharrazi family, which has ties to the country’s supreme leaders.

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New York forces Uphold to pay $5M over fraudulent crypto investment scheme

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New York AG Letitia James secured a $5 million settlement from Uphold for promoting CredEarn, a crypto savings product that misled users about its risks.

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Crypto industry will be ‘just fine’ if CLARITY Act doesn’t pass: Chris Perkins

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The efforts of the SEC and CFTC chairmen indicate that the crypto industry will not suffer without the CLARITY Act, according to crypto executive Chris Perkins.

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