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      BitGo CEO Mike Belshe warned that Clarity Act's failure left U.S. markets exposed to

      THE BLOCK: BitGo CEO Mike Belshe warned that the Clarity Act's failure left U.S. markets exposed to systemic risks arising from one firm holding the exchange, brokerage, and custody.He said that stack is the risk Lehman Brothers was not — a broker can fail, but an exchange that custodies the assets takes the market with it.

      Source: The Block
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud