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Legal Firm Roche Freedman Removed From Class Action Against Tether, Bitfinex: Report

Law firm Roche Freedman was removed from representing the plaintiffs in a class action lawsuit against crypto exchange Bitfinex and stablecoin issuer Tether, which accused them of market manipulation, according to a Bloomberg report. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details and why a judge referred to what Roche Freedman did as "stupid."

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Legal Expert on SEC Reportedly Probing Yuga Labs Over Unregistered Offerings

The U.S. Securities and Exchange Commission is probing Yuga Labs, the creator of the Bored Ape Yacht Club NFT collection, over whether sales of its digital assets violate federal law, according to a report from Bloomberg, citing an unnamed source close to the matter. Former SEC Branch Chief and current Managing Partner at Perkins Coie LLP Valerie Dahiya discusses the legal implications of non-fungible tokens (NFTs) and whether digital collectibles are securities.

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Report: SEC Probing Bored Ape Creator Yuga Labs Over Alleged Unregistered Offerings

The U.S. Securities and Exchange Commission (SEC) is probing Yuga Labs, the creator of the Bored Ape Yacht Club non-fungible token (NFT) collection, on whether sales of its digital assets violate federal law, according to a Bloomberg report. "The Hash" hosts discuss how this might shape the future of crypto regulation.

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Barclays Remains Positive on Bitcoin; Elon Musk Reportedly Reignites Twitter Acquisition Plans

Barclays remains positive about bitcoin (BTC) long-term, and views bitcoin miner Core Scientific as a “best-in-class, leveraged play.” Plus, Bloomberg reports that Tesla CEO Elon Musk is offering to go through with his $44 billion Twitter deal, sending the social media stock price soaring.

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Elon Musk Proposes to Proceed With Twitter Acquisition: Report

Tesla CEO Elon Musk has proposed moving forward with his on-again/off-again purchase agreement for Twitter at $54.20 per share, according to Bloomberg. The report comes just weeks before Elon Musk and Twitter are set to go to trial over Musk breaking off the deal.

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Bitmain Founder Reportedly Setting Up $250M Fund to Buy Distressed Bitcoin Mining Assets

Crypto billionaire Jihan Wu, the founder of bitcoin mining rig maker Bitmain, is setting up a $250 million fund to purchase distressed assets from mining firms, according to Bloomberg. "The Hash" panel discusses what this means for the mining industry.

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China Arrests 93 for Crypto-Related Money Laundering; Bank of America Says Crypto Is Acting as Risk Asset

Interpol has issued a Red Notice for Terraform Labs co-founder Do Kwon, according to a report from Bloomberg. Authorities in China's Hunan province arrested 93 people for allegedly laundering up to RMB 40 billion ($5.6 billion) using crypto. Digital assets continue to act as risk assets, falling as global interest rates rise, Bank of America (BAC) said in a research report Friday.

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Binance Eyes License to Operate in Japan: Report

According to Bloomberg, Binance is eyeing a license to operate in Japan four years after exiting the country. "The Hash" team discusses what this means for the world's largest crypto exchange by trading volume and why Japan is seeing renewed interest in crypto.

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Interpol Issues Red Notice for Do Kwon: Report

Interpol has issued a red notice for Terraform Labs co-founder Do Kwon, according to Bloomberg. “The Hash” panel discusses what this means for the wider crypto ecosystem.

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South Korea Reportedly Asks Interpol to Issue Red Notice for Do Kwon; UK Regulator’s FTX Warning

According to a Financial Times report, authorities in South Korea are asking Interpol to issue a “red notice” for Do Kwon, the co-founder of the now-defunct stablecoin issuer Terraform Labs, as his current location is unknown.

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