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U.S. Extends Pursuit of FTX Political Donations to 2025 Amid Settlement Talks

  • The U.S. government is negotiating to return $13.25 million in political donations linked to FTX.
  • Federal discussions aim to resolve third-party petitions without litigation, extending deadlines to January 15, 2025.
  • The crypto industry reflects on proof-of-reserve practices two years after the FTX collapse.
  • Binance remains steady with solid reserves, while Coinbase lacks public proof-of-reserves reports.

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