💰 Costly… Binance.US backed out of its $1B deal to buy the assets of bankrupt crypto lender Voyager (a fund infusion that would’ve helped it make its customers whole), citing an "uncertain regulatory climate."
🌶️ Spicy… Coinbase said the SEC is making up rules “on the fly” after suing the regulator to force it to issue clearer guidelines. The commission is brewing up its own suit against the US’s largest crypto exchange.
🤔 Sus… The first NFT insider-trading case went to trial this week. The suit, which accuses an ex-OpenSea employee of using confidential token-listing info for personal gain, could set a precedent for the unique asset class.
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