Trump says he won't rescue Sam Bankman-Fried with pardon
The president told the New York Times he won't pardon ex-FTX CEO SBF, nor will he be granting help to Sean Combs or Venezuela's Nicolás Maduro.
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The no-action letter comes amid growing acceptance by US regulators of prediction-style markets and event contracts during an election year.
U.S. derivatives platform and clearinghouse is focusing on prediction contracts targeted at digital assets movements and economic indicators.
The US president reportedly said he had no intention of pardoning the former FTX CEO, and defended his family's connections to the crypto industry.
Bitcoin bulls are making a run on $91,000 as start-of-the-year trading volumes highlight the market's expectation of a positive Q1.
The TRU price fell to $0.0000000029 from $0.16 after the protocol reported a security incident and crypto sleuths tracked stolen Ether.
The platform offers a private, non-custodial venue for regulated institutions to trade cryptocurrencies and stablecoins.