Crypto collapse: Sam Bankman-Fried goes to jail, SEC appeals Ripple ruling, Prime Trust bankrupt, the tangled tale of TrueUSD and Tron - by Amy and David

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Crypto collapse: Sam Bankman-Fried goes to jail, SEC appeals Ripple ruling, Prime Trust bankrupt, the tangled tale of TrueUSD and Tron

https://amycastor.com/2023/08/15/crypto-collapse-sam-bankman-fried-goes-to-jail-sec-appeals-ripple-ruling-prime-trust-bankrupt-the-tangled-tale-of-trueusd-and-tron/

“Where people without jobs ask people without companies for jobs.”

Crypto collapse: Sam Bankman-Fried goes to jail, SEC appeals Ripple ruling, Prime Trust bankrupt, the tangled tale of TrueUSD and Tron
  • Sam Bankman-Fried is back in a cell.
  • The SEC asks permission to appeal the very dumb and bad Ripple ruling.
  • Prime Trust files for Chapter 11.
  • Who owns TrueUSD, who’s suing who.
  • Worldcoin falls afoul of data protection.
  • Richard Heart’s Hex falls to the SEC.
  • Another US bank fails — but it’s okay, it was just scammed!