PANews June 12 news, according to the Sing Tao Daily report, the Hong Kong Financial Development Council (FDC) has signed a memorandum of understanding with TheCityUK. It is reported that the cooperation between the two parties will focus on financial transformation, virtual assets, and capacity building, while establishing a cooperation framework to promote knowledge exchange on regulatory practices, innovative financial products, and emerging Financial Service opportunities. According to previous reports, Nigel Farage, the leader of the Reform Party in the UK, revealed plans to submit a new cryptocurrency bill to help the financial district innovate in crypto and establish a two-year regulatory sandbox.

According to the official announcement, the cryptocurrency exchange Gate decided to delist 33 tokens and their USDT trading pairs, including ULD, SECOND, LNR, HER, ADF, LSD7, ARKS, FBX, ARBI, SOMM, FDC, MNZ, DEUS, RATIO, NBP, XPRESS, BLIN, KINE, JULD, PARA, ARES, MINI, EZ, ALY, DSLA, DINO, SOS, RMRK, AXIS, XCHNG, JGN, ATOMARC, AND MSU. Gate announced that after the delisting of trading pairs, the platform will provide users with a withdrawal service for a period of 1 month. Source: Wu Says

In an April 23 filing with the U.S. District Court for the Western District of Washington in Seattle, former Washington Prison Superintendent Robert Palmquist said CZ would "most likely" serve his sentence at FDC SeaTac if he is sentenced to prison. Palmquist, who served as the facility's prison warden from 2003 to 2009, described the prison as "lacking natural light" and understaffed due to the limited number of inmates. Palmquist alleges that if CZ is incarcerated, his wealth and status as a public figure would put his physical and mental health at risk, including but not limited to theft and extortion. FDC Seatac Prison has a total of 794 inmates. It has previously detained a member of the Proud Boys, accused of connection with the Jan. 6, 2021, attack on the U.S. Capitol, and a "encryption anarchist" named Jim Bell. Bell was released in 2012, and in the 90s he was charged with tax evasion for a "political assassination."