In this weekly recap, we cover:
- FTX’s approval to sell billions in crypto assets to recover from bankruptcy.
- FTX’s legal action against LayerZero Labs over “avoidable transfers”.
- Bankman-Fried’s defense team’s strategy to gauge jurors’ views on cryptocurrency and effective altruism.
- Stoner Cats NFT project’s million-dollar settlement with the SEC.
- DCG’s recovery plan proposal for Gemini Earn users.
- Former Celsius CEO Alex Mashinsky’s ongoing battle against the FTC lawsuit.
- Roni Cohen-Pavon’s guilty plea to criminal charges in the U.S.
- CoinEx’s security measures following a major hack suspected to be orchestrated by North Korea’s Lazarus group.
- The Milady NFT collection’s recent exploit and Charlotte Fang’s vow to take legal action.
- Paxos’ record-breaking Bitcoin transaction fee error and efforts to recover the funds.
