Heather Morgan, known as Razzlekhan, has released a rap video before starting her 18-month prison sentence for her involvement in the Bitfinex hack. In the video, she references her legal issues and critiques the financial system while seeking help from Elon Musk, wearing an ankle monitor as she raps. She and her husband, Ilya Lichtenstein, were arrested for laundering stolen Bitcoin worth billions. Meanwhile, FDIC Vice Chair Travis Hill criticized the debanking of crypto firms, akin to previous tactics used in Operation Choke Point, and called for a new approach to include more businesses in the banking system. He emphasized the need to stop regulators from forcing banks to refuse service to law-abiding customers. Additionally, the CFTC's enforcement director Ian McGinley is set to resign shortly before Donald Trump takes office, who has promised a less stringent regulatory environment for crypto. Other news includes Mango Markets shutting down following settlement with the SEC and New York AG Letitia James working to recover funds from crypto fraud victims.

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