9min chapter

The Breakdown cover image

The Five Most Important Stories in Crypto This Week

The Breakdown

CHAPTER

Examining Fraud and Innovation in Crypto

This chapter explores the FBI's focus on fraudulent activities within the cryptocurrency sector, particularly targeting market makers engaged in wash trading. The discussion includes the creation of the NFA token to expose deceptive practices, alongside wider concerns about legitimacy and skepticism within the crypto space. Key developments, such as the launch of layer two networks and the reinstatement of crypto payments by Stripe, are also analyzed for their implications on market trust and regulation.

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