🪙 Coins… Reddit said it’s ending its blockchain-based community points system, citing the “regulatory environment.” The decision plunged the price of the linked moon and brick tokens, and angered Reddit’s crypto community.
🌶️ Spicy… New York’s attorney general sued the Winklevoss-owned crypto exchange Gemini, crypto-lending platform Genesis, and Genesis’ parent co, DCG. The suit argues that the three defrauded over 230K customers out of $1B+.
🤹♀️ Quirky… Speaking of suits, grocery star Trader Joe’s sued a DeFi platform, alleging trademark infringement. The issue: the decentralized exchange, the 11th largest by trading volume, is called Trader Joe.
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