SEC Drops Charges Against Ripple CEO Garlinghouse, Chairman Larsen

The regulator had included them as defendants in securities violation case, and the agency now says it’s just pursuing Ripple for damages.Source

Hamas Crypto Funding Likely ‘Overstated’ – Chainalysis

Reports of many millions going to Hamas and other groups are based on faulty analysis, the forensics firm said.Source

For DeFi to Flourish, Right-Size the Regulators

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Binance Says It Has Onboarded New Euro Fiat Partners for Deposits, Withdrawals

Paysafe, the crypto exchange’s former service provider for euro transfers ended support last month.Source

Grayscale ETF Case’s Final Word Coming in Federal Court as SEC Loss Formalized

Grayscale Investments is waiting for a federal court tomorrow or soon after to formalize the defeat it handed the U.S. Securities and Exchange Commission (SEC) two months ago in the parties’ dispute over a spot bitcoin exchange traded fund (ETF). That federal court action will close the case, legally setting Grayscale’s win in stone.Source

DCG, Genesis Were the ‘Adults in the Room’ but Didn’t Behave Like It

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Bitcoin Eyes $29K, Defying Fresh Crypto Lawsuit, Rate Fears; XRP Jumps 6% as SEC Drops Charges

The New York Attorney General filed early Thursday a lawsuit against Genesis, Gemini and DCG for allegedly defrauding investors of $1 billion.Source

U.S. Treasury Seeks to Name Crypto Mixers as ‘Money Laundering Concern’

The U.S. Department of the Treasury’s financial crimes arm is proposing to label crypto mixers as a “primary money laundering concern” in its effort to combat illicit crypto finance, highlighting the terrorist groups that have benefited from anonymous crypto funds, including possibly Hamas.Source

Will Lawsuit Against DCG Impact GBTC’s Chances of an ETF Conversion?

Analysts are speculating over whether the lawsuit might have any implications for its GBTC conversion chances.Source