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The Crypto Catch-Up…

Snacks / Friday, January 06, 2023
  • 🤹‍♀️ Quirky… NFTs are heading to a US court this month after luxury designer Hermès sued an artist over his digi assets depicting Birkin bags (meet: MetaBirkins). The trial could set the tone for how courts treat NFTs.

  • 🪙 Coins… A judge ruled that bankrupt crypto lender Celsius owns the $4.2B that customers deposited into 600K interest-bearing accounts (putting them last in line for repayment). Also, the NY attorney general sued Celsius's founder, accusing him of fraud.

  • 🌶️ Spicy… Sam Bankman-Fried pleaded not guilty to eight criminal charges related to FTX’s collapse. His trial is scheduled to start in October, but two former colleagues have already pleaded guilty.

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