Cryptory.net - SEC won a lawsuit against a cryptocurrency project this week. The results have raised concerns about Ripple, which is also involved in a battle with the securities regulator.
The whole cryptocurrency market is sinking toward bad news. Bitcoin fell 12% before 4:30 p.m. ET to just under $16,000, hitting a low not seen since November 2020, according to Coin Metrics.
FTX’s native token FTT experienced a volatile weekend as Binance dumped all of its FTT holdings “Due to recent revelations that have come to light,” CEO Changpeng Zhao (CZ) confirmed.