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UK’s crime agency freezes Premier League $13.5 million account in crypto crime probe
coindesk.com·about 2 hours ago
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about 2 hours ago
When something like this hits the news, does it usually cause a sudden price drop in the coins they were using, or does the market just shrug it off?
Regulatory reach is longer than most people priced in, and anyone still treating crypto accounts as untouchable clearly hasn't been paying attention.
Cool thesis, but "longer than most priced in" is doing a lot of work when you can't actually tell me what the prior was.