🤯WWIII Who’s Side Are You On?

Hello hello, guess who’s in your mail again with some fresh crypto nonsense 🙂

So, we wanted to begin with some SEC stuff…

…we know, we should really cut Gensler and his boys some slack 😂… BTW, their next victim is Uniswap. 

But World War III broke out and we decided to change things.

Why?

Simply because the market took a deep dive… and we don’t have a lambo yet…

Like, why would the world come to an end before my meme coin bag hits the moon? 

Anyway, here’s what you’re getting in today’s edition:

• Former Ethereum adviser files $9.6B lawsuit against US government
• DeFi Exchange Uniswap Receives Enforcement Notice From the SEC
• SEC delays decision on spot bitcoin ETF options
• Bitcoin, Ethereum Price Surge Amid Inflation Fears: Is BTC’s $70K Support Sustainable?

Former Ethereum adviser files $9.6B lawsuit against US government

Steven Nerayoff, an early adviser to the Ethereum network, has filed a lawsuit against the United States government for false charges and mistreatment by federal agents between 2019 and 2023.

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DeFi Exchange Uniswap Receives Enforcement Notice From the SEC

Decentralized crypto exchange Uniswap received a notice from the U.S. Securities and Exchange Commission (SEC) that it intends to pursue an enforcement action, the company disclosed on Wednesday.

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SEC delays decision on spot bitcoin ETF options

The Securities and Exchange Commission published a notice Monday saying that it “designates May 29, 2024, as the date by which the Commission shall either approve or disapprove or institute proceedings to determine whether to disapprove,” allowing the New York Stock Exchange to start listing options on spot bitcoin ETFs.

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SEC issues Wells notice to DeFi protocol Uniswap

The U.S. Securities and Exchange Commission (SEC) issued a Wells notice to decentralized exchange (DEX) Uniswap on April 10. A Wells notice is a formal indication from the SEC that it plans to recommend enforcement action. The SEC has been investigating Uniswap Labs, the main developer behind Uniswap, since 2021. In response to increasing regulatory scrutiny, the platform has previously removed several tokens from its listing.

Read More.

Other Highlights Worth Mentioning

Bitcoin dominance hits 3-year high as BTC price dip pressures altcoins – Coinmarketcap

Detained Binance Exec Pleads Not Guilty to Money Laundering Charges in Nigeria – Coindesk

PayPal Stablecoin Circulation Sees 38% Decline in March – BitKan

Paradigm leads $225M funding round for new ‘Solana killer’ L1 – Cointelegraph

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• Source: https://insights.coinigy.com/wwiii-whos-side-are-you-on/