Crypto Chaos: Sam Bankman-Fried's Incarceration, Tornado Cash Turmoil, and $3B BTC

This week's Hodler's Digest highlights the charges pressed against the co-founders of Tornado Cash for money laundering and sanctions violations, with one co-founder arrested and another added to the U.S. list of Specially Designated Nationals and Blocked Persons. FTX founder Sam Bankman-Fried is reportedly struggling in prison, relying on a vegan diet of bread with peanut butter and running low on prescription medication. The identity of the mysterious Bitcoin wallet holding $3 billion has been revealed as Robinhood: Jump Trading Custody. The parent company of Prime Trust, a crypto custodian, reported losing $8 million in client and treasury funds through TerraUSD investments. Additionally, a Pepe holder seized the opportunity to buy $529,000 worth of tokens after a price drop.