Garlinghouse Says SEC to Press Judge for $2B in Fines and Penalties in Ripple Case

The U.S. Securities and Exchange Commission (SEC) is reportedly asking a New York judge to levy a $2 billion judgment against Ripple Labs, according to social media posts from the crypto company’s CEO and chief legal officer on Monday.Source

Is Nigeria Strong-Arming Binance?

Two mid-levels executives were detained without charge for more than a month, one escaped. Here’s what we know so far about Nigeria’s legal battle with Binance.Source

How to Improve Transparency and Public Trust in Crypto Markets

Proof-of-reserves and off-chain transaction reporting are key to improving trust in trading platforms following the scandals of the last 18 months, say Bruce Tupper and Tyler Williams.Source

London Stock Exchange Will Start Market for Bitcoin and Ether ETNs May 28

The stock exchange will accept applications for trading bitcoin and ether crypto exchange traded notes from April 8.Source

TrueFi Unveils Lending Protocol for Tokenized Real-World Assets; TRU Jumps 14%

Investors will be able to take out crypto loans by pledging TrueFi’s U.S. Treasury bill tokens, with plans to expand collateral to other types of tokenized RWAs, according to the proposal.Source

Why the Media Is Seemingly Less Interested in Bitcoin Than Ever

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FTX to Sell $884M of Anthropic Shares to Two Dozen Institutional Investors

The value of FTX’s FTT token surged 10% on the news.Source

Record $1B Exited Crypto Funds Last Week: CoinShares

The action was a break from what had been a record seven-week string of inflows.Source

Goldman Seeing ‘Resurgence of Interest’ for Crypto Options From Hedge Fund Clients: Bloomberg

The approval of spot bitcoin ETFs in the U.S. in January brought about a pickup in interest from Goldman’s existing clients.Source