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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