The Federal Reserve is set to announce its latest interest rate decision and economic projections on December 11th, with Chairman Powell scheduled to hold a press conference shortly after. This decision is highly anticipated by markets as it could influence economic policy and financial conditions.
In legal news, Terraform Labs founder Do Kwon will be sentenced on December 11th after pleading guilty to conspiracy to commit fraud and wire fraud related to the TerraUSD and Luna crash. Kwon faces up to 25 years in prison, but prosecutors have agreed to recommend a sentence of no more than 12 years following his guilty plea.
Other notable events include the launch of the Stable mainnet on December 8th, the resumption of Jupiter's HumidiFi public sale, and the listing of ProCap Financial on Nasdaq. Additionally, Solana Breakpoint 2025 will commence in Abu Dhabi on December 11th, and HashKey is preparing for its IPO investor subscription next week.
Federal Reserve Interest Rate Decision and Do Kwon Sentencing Highlight Key Events Next Week
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