Crypto Weekly Roundup: SBF's Latest Claims, T3 Financial Crime Unit Freezes $300M, & More

Last week Sam Bankman-Fried resurfaced with claims that FTX was never insolvent, with Mastercard reportedly eyeing a $2 billion acquisition of Zerohash. Meanwhile, the T3 Financial Crime Unit froze $300 million in illicit funds, marking a major milestone in crypto security efforts.

Business

An account used by Samn Bankman-Fried, founder and former CEO of bankrupt cryptocurrency exchange FTX, has claimed the exchange was never insolvent, echoing arguments raised during his trial. 

Binance.US has denied claims that its USD1 listing was a form of payback for President Trump’s pardon of Binance founder and former CEO Changpeng Zhao. 

Mastercard is in advanced talks to acquire crypto startup Zerohash in a deal valued between $1.5 and $2 billion, according to sources familiar with the deal.

Crypto giant Coinbase has acquired onchain capital raising platform Echo in a $375 million deal which will enable Coinbase community members to raise capital more easily for growth. 

Web3

Crypto exchange BTCC has introduced a limited-time Halloween campaign, the Spooktacular Halloween Night of Fortune, which will have significant giveaways, including one full Bitcoin, for users who participate by completing a set of trading and deposit-based tasks, including a minimum deposit of 200 USDT and a cumulative futures trading volume of at least 50 million USDT

While algorithmic trading bots have long been part of the crypto landscape, AI tools, especially large language models specifically designed for analytical work like Anthropic’s Claude has emerged as a particularly valuable resource for traders who need to process vast amounts of information quickly and accurately.

TZ APAC’s Fortify Labs announced that it is now inviting applications for its 2026 cohort. The program, scheduled to take place in Singapore will span seven months of focused development time, offering funding of up to $1.3 million while simultaneously delivering hands-on guidance for each participating project individually.

According to the latest Crypto Adoption and Stablecoin Usage Report, US crypto activity surged by 50% between January and July compared to the same period last year, while adoption has also accelerated in key markets like South Asia and North Africa. 

As the world’s first omnibank, Digitap has introduced a no-KYC option, giving users the power to spend globally without the frustration of checks.

Altcoins

In his op-ed for BeInCrypto, Outset PR’s founder Mike Ermolaev warned that projects ignoring AI visibility are already fading from digital awareness.

As crypto markets prepare for what could be a major rebound heading into 2026, early Solana (SOL) investors appear to be shifting part of their portfolios into newer, lower-cost altcoins, like Mutuum Finance (MUTM).

FUNToken has officially launched a fully transparent, audited Ethereum smart contract designed to automatically reward $FUN holders as the token grows from a $5 Million rewards pool that directly benefits long-term supporters and early stakers.

Security

The T3 Financial Crime Unit, a joint initiative by Tether, TRON, and TRM Labs, has frozen $300 million in tainted digital assets within its first year, signaling a major advancement in crypto industry-led financial crime prevention.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Amara Khatri