September 24, 2023
Welcome to Morning Blockchain, where we serve up a steaming cup of blockchain and cryptocurrency updates to help you relax and recharge. Today, we’ll dive into FTX’s legal battle, ByBit’s regulatory hurdles, and Mt. Gox’s ongoing journey, giving you a taste of the latest happenings in the world of crypto that will fuel your productivity throughout the week. So sit back, sip some tea, and let’s dive into the juicy details.
Five top crypto stories this past week: New FTX lawsuit, Mt. Gox deadline, investment funds and more FTX has sued the parents of its founder, Sam Bankman-Fried, accusing them of using their influence within the company to gain millions of dollars, highlighting the internal workings of the crypto exchange; ByBit has decided to suspend operations in the UK due to new crypto marketing regulations, reflecting the impact of regulatory changes on crypto exchanges; and Mt. Gox has pushed back its repayment deadline, indicating ongoing challenges in resolving the aftermath of the exchange’s collapse, all demonstrating the relevance of these stories to blockchain and cryptocurrency.