DeFi
DeFi protocol Abracadabra was among those rushing to introduce somewhat drastic measures to mitigate the risk of potential bad debt from the Curve founder’s position.
Business
U.S. prosecutors are reportedly concerned about the effect that bringing fraud charges against Binance will have on its customers.
Select members of the protocol’s governing body voted to terminate CRV governance rewards for liquidity pools affected by recent exploits.
Lawyers for the former FTX CEO argued that the government assertions that he tampered with a witness relied on innuendo, speculation and scant facts.
Regulation
A judge has granted Terraform Labs permission to access documents in the custody of FTX and its related entities to prepare a defense against a lawsuit from the SEC.
Binance.US’ board of directors reportedly could not come to a unanimous decision in favor of shuttering the U.S.-based crypto exchange.
Some DeFi traders have come together to buy up CRV tokens from the Curve founder via OTC deals, while others continue to hunt his positions.
Amid privacy concerns and criticism, CoinFund executives stand firm on their investment in Worldcoin.
Some former FTX.com customers could opt to receive equity, tokens or other interests in the rebooted offshore exchange instead of a cash payout.
Judge Jed Rakoff said the court rejects the approach recently adopted by another judge in the same District who ruled on SEC v. Ripple Labs.