603:Binance CEO Fights FUD & SEC Targets Coinbase

Overnighters,

Episode 603:

Binance CEO Dismisses FUD
Gemini Sues DCG
CBDC Alert (Global) and More

The TL;DL  

Binance CEO Dismisses FUD - Amidst high-profile departures and regulatory pressures, Binance's CEO CZ dismisses concerns as FUD, maintaining an optimistic outlook.

SEC: Coinbase Ignored Securities Laws - The SEC accuses Coinbase of knowingly violating federal securities laws, alleging it operated as an unregistered broker and listed unregistered cryptocurrencies.

Bitfinex Funds Returned - Bitfinex announces the return of a portion of funds stolen in a 2016 hack by the US Department of Homeland Security, marking a significant step towards resolution.

Gemini Sues DCG & Silbert - Gemini files a lawsuit against Digital Currency Group and its founder, Barry Silbert, alleging fraud through their subsidiary, Genesis.

CBDC Alert (Global) - The Bank of International Settlements develops a framework to protect central bank digital currencies from cyber threats, particularly from the DeFi sector.

ZachXBT Cited in Canada - The Boneheads NFT team faces a class-action lawsuit in Canada over a $3.1 million rug pull, with blockchain investigator ZachXBT's work instrumental in the case.

Crypto Overnighter Podcast (7/8/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice.

Email: nick@cryptoovernighter.com

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