In this weekly recap, we cover:
- FTX founder Sam Bankman-Fried facing new charges for allegedly bribing Chinese officials with $40 million.
- Terraform Labs cofounder and CFO arrested in Montenegro facing extradition requests from the US and South Korea for their role in the collapse of TerraUSD.
- Binance accused of hiding links to China in internal documents.
- Cooper & Kirk law firm accusing US regulators of secretly targeting the crypto industry.
- US court ruling that bZx DAO token holders may be held liable for the protocol’s $55 million hack in 2021.
- Polygon’s zkEVM network launches on the mainnet with over 50 dApps, aiming to scale Ethereum.
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