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Nigeria drops tax evasion charges against Binance execs
Gambaryan continues to face money laundering charges from the Nigerian authorities.
Oluwapelumi Adejumo 2 min read 
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Oluwapelumi Adejumo 2 min read 
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Ripple calls SEC penalty disproportionate compared to Terraform Labs
Ripple says SEC's proposed $2 billion fine were unreasonable.
AI
Tesla investors sue Elon Musk for allegedly moving talent, resources to xAI
According to the filing, Musk's actions have created hundreds of billions of dollars of value for xAI at a substantial cost for Tesla.
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Terra community to own chain after TFL wind-down; Coinbase exec slams SEC settlement
Amani said that certain teams and developers want to takeover the network and will announce their intent on the governance forums.
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US court issues final judgement against Terraform Labs, Do Kwon, imposes $4.5 billion in fines
The ruling finds the defendants guilty of multiple securities law violations and imposes stringent penalties and restrictions on their future activities.
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Elon Musk drops lawsuit against OpenAI
Courts dismissed the case without prejudice, leaving Musk an option to refile the case at a later date.
Bankruptcy
New probe sought into Sullivan&Cromwell’s role in FTX collapse
The examinations will determine S&C's awareness of FTX misconduct and potential conflicts during SBF's Robinhood shares acquisition.
Legal
Judge may impose ‘extraordinary’ response, recommend over 7 years for perjury for Craig Wright
The judge eyes severe penalties and custodial sentences for Wright in the COPA case.
Legal
Senate bill could target crypto protocols due to broad language on digital assets
Section 423 of the Intelligence Authorization Act could limit transactions for major DeFi protocols and stablecoins if they facilitate prohibited transactions.