This week in crypto: Tornado Cash’s developer faces trial, Binance executive’s dramatic escape, KuCoin hit with regulatory allegations, BlackRock remains hopeful for Ethereum ETF, Ripple braces for a massive SEC fine, and more!
Posted March 29, 2024 at 7:27 am EST.
In this weekly recap, we cover:
- Coinbase vs. SEC: A Manhattan court lets the SEC’s lawsuit against Coinbase proceed, despite some claims being dismissed. Meanwhile, Coinbase plans to expand its USDC on Base.
- Munchables’ Swift Recovery: Munchables retrieves $62 million in ETH after a security breach, showcasing its strong security framework.
- Tornado Cash Developer’s Trial: Dutch prosecutors seek a 64-month jail term for Alexey Pertsev over $1.2 billion laundering charges.
- Binance’s Nigerian Drama: Amid tax evasion charges, a Binance executive escapes…
