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The Daily Leo #187 - Non-Dollar Oil Trade Plans In Davos, SBF trial could set precedent for the crypto industry, LeoFinance Meet & Greet Today by anomadsoul

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· @anomadsoul · (edited)
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The Daily Leo #187 - Non-Dollar Oil Trade Plans In Davos, SBF trial could set precedent for the crypto industry, LeoFinance Meet & Greet Today
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Welcome to The Daily Leo! We pull the best articles in Finances, Crypto news and Hive/Leo into one condensed information packed space. 

Make sure to follow [@thedailyleo](https://leofinance.io/@thedailyleo) so you never miss the Daily LEO. You can also subscribe to the newsletter here [Subscribe to the Daily LEO](https://leofinance.substack.com/)

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**[Saudis Confirm Non-Dollar Oil Trade Plans In Davos](https://www.zerohedge.com/energy/poszar-was-right-saudis-admit-non-dollar-oil-trade-plans-davose)**

It doesn't sound like the Biden administration is high up in The Kingdom's strategic planning; and given the comments from The Kingdom's FinMin, Zoltan's ominous warning appears ever closer to reality: ["dusk for the petrodollar… and dawn for the petroyuan."](https://www.zerohedge.com/energy/poszar-was-right-saudis-admit-non-dollar-oil-trade-plans-davos)


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**[Musk 'lied' about funding to take Tesla private](https://www.investing.com/news/stock-market-news/tesla-shareholders-to-lay-out-arguments-in-funding-secured-fraud-trial-2982806)**

The case is a rare securities class action trial, and Musk and his company are bucking the norm of settling claims that clear high legal hurdles, making for a potentially dramatic trial at which Musk himself is expected to take the stand this week. Tesla investor Glen Littleton is [seeking damages on behalf of shareholders who...](https://www.investing.com/news/stock-market-news/tesla-shareholders-to-lay-out-arguments-in-funding-secured-fraud-trial-2982806)



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**[Justice Department Announces Capture of Russian Exchange Bitzlato](https://beincrypto.com/doj-capture-russian-exchange-bitzlato-arrest-founder/)**

Through the work of an overseas investigative team, coupled with local resources in the United States, the Chinese-based money laundering operation which catered to an array of criminal activity was not out of reach for the DOJ... "whether you break our laws you can expect to [answer for your crimes inside a United States courtroom.”  ...](https://beincrypto.com/doj-capture-russian-exchange-bitzlato-arrest-founder/)
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**[SBF trial could set precedent for the crypto industry](https://cointelegraph.com/news/ftx-fallout-sbf-trial-could-set-precedent-for-the-crypto-industry)**

SBF is set to face a four-week trial starting Oct. 2, the outcome of which could have a lasting impact on the crypto ecosystem and become a defining moment, at least for centralized entities and service providers. SBF's desires to help himself instead of prioritizing the goals of the crypto community, [combined with...](https://cointelegraph.com/news/ftx-fallout-sbf-trial-could-set-precedent-for-the-crypto-industry)

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**[Bitcoin Sees Historic Drop on Exchange](https://cryptopotato.com/bitcoin-sees-historic-drop-on-exchanges-heres-what-it-means/)**

The fall of SBF’s $32 billion crypto empire highlighted the importance of self-custody for users. Investors have already hopped on the trend of holding their assets themselves rather than entrusting their hard-earned money to a third-party platform. According to the latest data compiled by crypto analytic company, Santiment, [Bitcoin’s supply on centralized crypto exchanges has dropped from 11.85% to...](https://cryptopotato.com/bitcoin-sees-historic-drop-on-exchanges-heres-what-it-means/)

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**[LeoFinance Meet & Greet Today At 3PM EST](https://leofinance.io/@leofinance/ilczjwqc)**

Want to join the Hive and LeoFinance Community for community building, bonding and a chance for candid feedback? @whatsup is hosting a Lion meet-and-greet in her "The Pulse" Discord server today at 12:00 PST / 20:00 UTC / 3:00 EST.

[LeoFinance Meet & Greet Today At 3PM EST](https://leofinance.io/@leofinance/ilczjwqc)


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**LeoFinance** is a blockchain-based social media platform for Crypto & Finance content creators. Our [tokenized app](https://leofinance.io) allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

### Subscribe to [The Daily Leo](https://leofinance.substack.com/) and start being up to date with the crypto & finance world!



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