Ark Investment Management buys more of Coinbase's COIN and Do Kwon has moved to Serbia. LedesmaLyllah reports in today's First Mover Americas by CoinDesk Markets.
Crypto media site The Block was secretly funded over the last two years by Sam Bankman-Fried
’s Alameda Research. The Block’s CEO, Michael McCaffrey, immediately resigned after the loans came to light, and will also step down from The Block's board. McCaffrey received three loans for a total of $43 million. The firstwas for $12 million in 2021 the second was for $15 million in January and the third was for $16 million.
Do Kwon, who is wanted internationally in connection with the collapse of the Terra ecosystem, has moved to Serbia
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