Today’s Top Crypto News, Wednesday December 28th
•Bitcoin Miner Argo Will Avoid Bankruptcy With $100M Bailout From Novogratz’s Galaxy– CoinDesk
“Galaxy will buy Argo’s Helios facility for $65 million and provide $35 million loan to help the miner amid restructuring.”
•Crypto exchange Kraken to stop operations in Japan– Reuters
“U.S.-based crypto exchange Kraken said on Wednesday it would cease its operations in Japan next month, citing the current market conditions in the country and a weak crypto market globally.”
•FTX customers file class-action lawsuit to get priority reparations–Bloomberg
“Customer class members don’t want to stand in line along the creditors of a failed crypto platform.”
