That was a tumultuous 24 hours as Bitcoin dropped below $60K, but the bleeding was stemmed and BTC remains in no man's land. Crypto exchange Bitnomial filed a lawsuit against the SEC over claims that XRP is a security as the agency obstructs the listing of XRP futures contracts. A new report shows how dangerous AI is becoming as deepfakes pass facial recognition KYC checks at major crypto exchanges. And finally, Justin Sun is elected prime minister of Liberland.

Further reading:

• BTC price gains 'on horizon' as Bitcoin whales buy 1.5M BTC — Analysis
• Bitcoin digests US 'nightmare' CPI, jobs data as $60K hangs in balance
• Bitnomial sues SEC over claim that XRP is a security
• AI deepfake tool on ‘new level’ at bypassing crypto exchange KYC: Report
• Justin Sun elected Prime Minister of Liberland micronation

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