Sam Bankman-Fried (SBF) has been arrested by authorities in the Bahamas at the request of the U.S. government, just a day before the disgraced former FTX CEO was due to testify before Congress.

In other breaking crypto news today, Bitcoin sees CPI volatility as lower inflation sends BTC price to $18K marketing new one-month highs on Dec. 13 as United States inflation data sent a surge of optimism through markets.

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