Legal
Law firm Cooper & Kirk accuses US regulators of weaponizing banking
Cooper & Kirk calls on Congress to investigate unlawful and unconstitutional actions against the crypto industry.
Samuel Wan 3 min read
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SBF charged with bribing Chinese government officials with $40M
SBF reportedly bribed Chinese government officials with over $40 million to regain access Alameda's trading accounts worth over $1 billion.
Stablecoins
Circle’s USDC to launch on Cosmos
This is the first time since the collapse of Terra's UST that Cosmos will have a native stablecoin issued on the blockchain.
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Technology
Cardano’s Hoskinson lauds Polygon’s zkEVM launch despite previous criticism of Ethereum
This is one of the few times that Cardano founder Charles Hoskinson has spoken positively about something related to Ethereum.
Exchanges
Binance-linked addresses plunge by over $1B following CFTC lawsuit
Following the CFTC news, DeFillama dashboard showed that Binance has processed 24 times more withdrawals than its closest rival.
Legal
Justin Sun’s US fraud charges could hamper Huobi’s license application in Hong Kong
Lawyers believe regulators will be hard pressed to approve Huobi's VASP license due to allegations of misconduct.
Crime
Serbian lawyers exposed for helping Do Kwon set up shell company post red notice
FatManTerra blasted "corrupt" lawyers for assisting Do Kwon establish a shell company despite being on the run from law enforcement.
Regulation
CFTC sues Binance over alleged breaking of trading and derivatives rules
The CFTC has filed legal action against Binance and two company executives for violating commodity law.
Mining
Nvidia says ‘crypto adds nothing useful to society’ after billions in mining sales
Nvidia CTO, Michael Kagan, criticizes cryptocurrencies as not bringing anything useful to society.
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Adoption
MicroStrategy acquires Bitcoin worth $150M, makes repayment on Silvergate loan
Banking
Analysis: How social media killed Silicon Valley Bank
Adoption
Nasdaq to launch crypto custody service for BTC, ETH in 2023 to inaugurate digital assets arm
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