FTX and Alameda are seeking to recover more than $71 million from FTX's charities and other life sciences entities. These transfers were allegedly made under the guise of effective altruism
Ripple Labs' lawsuit against the SEC has been a major event in the cryptocurrency industry since it was filed in December 2020. The attached timeline shows the key points and progress of the case
Ripple won its case against the SEC, with a judge ruling that XRP is not a security. The District Court for the Southern District of New York stated that "an offer and sale of XRP on a digital asset exchange does not constitute an investment contract."
In the first six months of 2023, Bitcoin showed a clear increase in value, increasing by 84%, surpassing all other major assets by a large margin. The Nasdaq was firmly in second place with a 32% gain, while other global stock markets also experienced gains.
Swiss prosecutors have allegedly frozen roughly $26 million in assets, including bitcoin, belonging to Do Kwon and “others” at digital asset bank Signum in Zurich, Switzerland.