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Terra interim CEO says any 'little progress' made gets derailed by accusations

Terraform Labs recently appointed CEO Chris Amani held a Twitter Spaces with the purpose of separating the operations of Terraform Labs from Do Kwon’s personal affairs.

SEC reviews Ripple ruling, US bill seeks control over DeFi, and more: Hodler’s Digest, July 16-22

The SEC examines the ruling in the Ripple case, a U.S. Senate bill seeks to regulate DeFi, and the poor performance of altcoins in the second quarter of 2023.

Ripple applies for crypto license in the United Kingdom

Ripple applied for a registration as a crypto asset firm with the United Kingdom's Financial Conduct Authority (FCA) after its partial win against the U.S. SEC.

Celsius Network reaches settlements to exit bankruptcy

Bankrupted crypto lender Celsius Network reached two settlements that may allow the return of assets to customers and end its bankruptcy proceedings.

SEC hints at potential appeal to XRP ruling from Ripple Labs lawsuit

According to court documents, the SEC stated that it is now “considering the various available avenues for further review” on the ruling which found XRP to not be a security.

Sam Bankman-Fried's brother planned to buy island and prep for apocalypse: court filing

According to court documents, Gabriel Bankman-Fried wrote a memo to the FTX Foundation with a plan to build a bunker to survive “some event where 50%-99.99% of people die".

Couple behind Bitfinex money laundering scheme reach plea deal with US prosecutors

Ilya Lichtenstein and Heather Morgan are scheduled to appear for an arraignment and hearing on Aug. 3 as part of a plea agreement with U.S. prosecutors.

Web3 Gamer: Earn Bitcoin in Minecraft, BGA’s 50/50 gender split, Oath of Peak hot take

How to earn Bitcoin in Minecraft, Sega is half in/half out of blockchain games, BGA board’s 50/50 gender split, and more Web3 gaming news.

US DoJ accuses FTX founder of leaking private diary of Caroline Ellison

Sam Bankman-Fried attempted to publicly discredit government witness Caroline Ellison, who was once his business ally and a romantic partner, the DoJ argued.

US Justice Department to double its crypto team, target ransomware crimes

The National Cryptocurrency Enforcement Team, established in 2021, will be merged with the Computer Crime and Intellectual Property Section.

Bitcoin no longer asset of choice for criminals - former Elliptic crypto advisor

Criminals have moved away from using Bitcoin for money laundering, with stablecoins emerging as an alternative due to accessibility.

US state agency issues alert on crypto fraud happening over social media

Vermont issued the investor alert after a 74-year-old man lost his life savings of over $340,000 in a crypto fraud orchestrated over Instagram and Telegram.

Indonesia launches its crypto exchange and clearing house

The platform, monitored by the CFTRA, will be the only space in the country where the legal exchange of digital assets is allowed.

Canadian police warn crypto investors on growing home robbery trend

Perpetrators have impersonated delivery drivers in order to break into the homes of victims to steal cryptocurrency.

UK banks risk losing licenses for debanking customers over political views

The British government may impose tighter freedom of speech protections on banking permits following a public dispute between Nigel Farage and Coutts bank.

Coin Center and Blockchain Association slam ‘unworkable’ US Senate DeFi bill

Coin Center said the bill was unconstitutional, while the Blockchain Association called it incompatible with blockchain technology.

US House Republican committees introduce joint digital assets bill

The House Agriculture and Financial Services Committees have been working together all year on a bill to rival Lummis and Gillibrand’s RFIA.

FTX sues over investments, donations made by charity arm to life sciences companies

The money was intended to add to Bankman-Fried’s political influence and goodwill and did not benefit FTX or Alameda Research.

UK financial watchdog announces launch of permanent Digital Sandbox in August

According to the FCA, the sandbox will be open to businesses, start-ups and data providers, including those involved in banking, investment, lending and payments.

US law protects institutions and exposes retail investors — Rep. Torres

New York Representative Ritchie Torres had an exclusive interview with Cointelegraph to discuss why retail investors are still at risk following the XRP court ruling.

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