Salame acknowledged his involvement as a 'straw donor,' covertly channeling millions of dollars to Republican political candidates, while Bankman-Fried contributed to Democratic causes.
The release of the report had an immediate impact, causing both Bitcoin (BTC) and Binance's BNB token prices to plummet.
Curve CEO Michael Egorov has committed to allocate 34% of CRV's total market cap as collateral for loans across various DeFi protocols. This decision raises concerns as a compelled liquidation could lead to selling at a time when prices are already in decline.
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