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ALSO: CoinDesk wins Loeb awards, Su Zhu arrested and more | Sept. 29, 2023 The biggest crypto news and ideas of the day  Were you forwarded this newsletter? Sign up here . Don't want this newsletter? Unsubscribe   Supported By   Welcome to The Node! This is Daniel Kuhn here to take you through the latest in crypto news and why it matters.   In today's news:   FTX creditors could get back 37 cents on the dollar . Su Zhu arrested in Singapore . Fireblocks acquires tokenization firm BlockFold . Circle writes "friend of the court" brief defending Binance . And Gemini proactively withdrew $282M in users funds in 2022 .   The takeaway: Gary Gensler is wrong about proof-of-stake tokens, Polymesh's Graeme Moore writes .   Redemption Arc Sam Bankman-Fried's attorneys have lost their third bid to have the former FTX CEO released from jail ahead of trial . Judge Lewis Kaplan argued SBF has enough time to prepare for the trial and poses a fli...