I hope you are all having a great week! The price of Bitcoin as of Tuesday, September 27 at 3:15 p.m. EDT was $19,167.
Headlines for the week of September 27
Kwan is facing charges for the $60 billion wipeout of LUNA and UST which belong to the Terra ecosystem. #Reckless.
The Defense Advanced Research Projects Agency (DARPA) has hired crypto intelligence firm Inca Digital to help them develop tools to create a map of the crypto Universe. Federal agencies will use this data to fight criminal and terrorist operations and also to gather intelligence. #Privacy.
The founders, and the Ooki Dao itself were charged with unregistered margin trading and failing to register with FinCEN, they agreed to pay a $250K slap on the wrist. The Complaint indicates all voting governance token holders are culpable. Check out this tweet storm by @lex_node. #ShamefulRegulationByEnforcement.
A Bill that would have enacted a license-requirement for all crypto activity in California had near unanimous support in the California legislature. Gavin Newsom thankfully vetoed the decision calling the bill "premature." #GoodNewsForNow.
The file sharing network has been fighting the SEC for nearly five years. The SEC alleges the company raised $11 million through selling tokens before their blockchain network was fully built. LBRY disputes this claim as false and now Jeremy Kauffman is running for political office. They made a petition if you're interested in signing. #HelpSaveLBRY.
HODLCast Podcast - In this week's podcast, I zoomed in on the Coinbase funded lawsuit against OFAC for its constitutional overreach in the Tornado Cash sanctions. I also discussed this case in my blog.
Make it a great week!