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ROLLUP: Celsius CEO Arrested & ETH CC Conference Recap

Bankless

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Cryptocurrency Crackdown and Regulatory Shifts

This chapter explores the recent arrest of Celsius CEO Alex Wachinski amid a crackdown on fraud in the cryptocurrency industry and reflects on the necessity of removing key fraudulent figures for recovery. It discusses a pivotal court ruling on XRP, highlighting implications for token classifications and the SEC's regulatory stance, while also expressing cautious optimism about the industry's future. The conversation transitions into the evolving landscape of DeFi, focusing on Uniswap's new features and the balance between decentralization and centralized intermediaries.

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