"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a California judge ruled that the SEC's lawsuit against Kraken will proceed to trial. Plus, Celsius' bankruptcy administrator paid out over $2.5 billion to creditors, and PayPal's stablecoin, PYUSD surpassed $1 billion in market cap.

SEC’s Case Against Kraken Going to Trial; PayPal's PYUSD Tops $1B Market Cap

Haru Invest CEO Hyung-soo ‘Hugo’ Lee was stabbed during his appearance in court during a trial for fraud. Lee's injuries are not life threatening and the police have caught the attacker. The CEO of South Korean crypto yield firm Haru Invest, Hyung-soo ‘Hugo’ Lee, was stabbed while appearing...

CEO of South Korean Crypto Firm Haru Invest Stabbed During Trial: Reuters

CoinDesk

NFTs “expose the incoherence of the SEC’s understanding of what it’s authorized to regulate,” says law professor Brian L. Frye, following news yesterday that the SEC has issued a Wells notice against OpenSea, claiming the NFT platform has violated securities law.

Art Is Not a Security

The US Securities and Exchange Commission has issued a Wells Notice to OpenSea, the largest NFT marketplace. OpenSea co-founder Devin Finzer says the NFT platform will fight the SEC’s lawsuit. OpenSea said in a blog post on Aug. 28 that the SEC’s Wells Notice indicates the regulator – widely...

OpenSea gets Wells Notice from SEC

Several French websites were the subject of multiple hacking groups after the creator of Telegram was arrested at Bourget airport outside Paris. The founder of the mobile chat client, Pavel Durov, was the subject of increased social media activity with the #FreeDurov hashtag doing the rounds from supporters. “As retaliation...

Russian hackers target European websites after Pavel Durov arrested

New Jersey State

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Jersey City, NJ

Morristown Minute

MORRISTOWN, NJ - Two members of a Jersey City gang associated with the Marion Gardens Housing Complex were sentenced to lengthy prison terms for their involvement in multiple shootings and other gang-related crimes, U.S. Attorney Philip R. Sellinger announced today.

Gang Members Sentenced: 31 Years for Violent Crimes

Georgia State

Winder, GA

Daily Coffee Press

A 50-year-old former jailer has been charged by the Georgia Bureau of Investigation (GBI) with cruelty to inmates and violation of oath of office. On Sunday, July 21, the Barrow County Sheriff’s Office requested the GBI to investigate an incident involving one of their jailers, Lolita Lightner of Winder, Georgia.

Former Jailer at Georgia County Jail Arrested

The FBI’s second denial of a FOIA request on Satoshi Nakamoto stokes further speculation about the mysterious creator of Bitcoin. The identity of Satoshi Nakamoto is an enduring mystery. The FBI refuses to disclose what it knows about Nakamoto. It seems that Bitcoin’s creator is not motivated by fame...

FBI Sidesteps Second FOIA Request for Satoshi Nakamoto Files

UPI News

French law enforcement indicted Russia native and billionaire Pavel Durov for allegedly permitting criminal activity on the Telegram messaging app that he founded.

France accuses Telegram founder of allowing criminal activity on app

Atlanta, GA

A 40-year-old man has been sentenced to over 28 years in prison for distributing significant amounts of fentanyl and other controlled substances to dealers in the Middle Georgia region. Authorities revealed that investigators uncovered evidence linking the drugs provided by the defendant, 40-year-old Lagary Williams, also known as "Frog," from Atlanta, to a fatal overdose.

Atlanta Man Sentenced to 28 Years for Supplying Deadly Fentanyl Linked to Fatal Overdose

Florida State

Jacksonville, FL

Jacksonville Today

Jacksonville Sheriff T.K. Waters said he will consider more DUI patrols if voters legalize recreational marijuana use in Florida. Voters will consider Amendment 3 in November. It would allow adults 21 or older to possess, purchase or use marijuana products and marijuana accessories for non-medical purposes.

More DUI patrols possible if marijuana issue passes

Computer scientist Hal Finney, who is widely known for receiving the very first Bitcoin transaction, passed away ten years ago on Aug. 28, 2014. Finney died at the age of 58 following his yearslong battle with amyotrophic lateral sclerosis (ALS). He was diagnosed with ALS back in August 2009, just...

Leading Satoshi Candidate Passed Away 10 Years Ago

Louisiana State

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The Lens

During my childhood, when my family visited relatives “across the river,” in Bayou Plaquemine, Bayou Goula, Caddo, the Pointe, and White Castle, my siblings and I would sometimes race up and down the levees, some distance away from the cows grazing there. At the summit of the hill, you could see the Mississippi River waters through stands of trees and brush. It never occurred to me that our “playground” was the living testimony of Black men, prisoners of the Louisiana State Penitentiary at Angola whom the state of Louisiana had re-enslaved in the convict leasing system.

No longer ‘half slave, half free’

Bitcoin's (BTC) attempt for a bounce faded yet again during Thursday's U.S. trading session, the price breaking back below $59,000 after climbing above $61,000 earlier. BTC was still holding on some of its gains over the past 24 hours, up 0.6%, in line with the broad-market CoinDesk 20 Index. Ether (ETH) was down 0.5%, barely holding above the $2,500 price level.

Bitcoin Returns to $59K as Bulls Fail to Flip Key Resistance; AI Cryptos Lead Losses

Pavel Durov, the founder and CEO of Telegram, was arrested by French authorities at Le Bourget Airport last week. The arrest took place on Saturday night soon after he landed at the airport on the outskirts of Paris. At the time, French authorities didn’t respond to requests for comment. The French media reported that the CEO was detained under a warrant related to alleged offenses related to the messaging app.

Telegram CEO faces 12 charges linked to money laundering & more

Appling County, GA

A 40-year-old man from Appling County, Christopher Eric Stone, with a significant criminal history, was recently sentenced to over five years in prison after pleading guilty to possession of methamphetamine with intent to distribute, according to officials from the Department of Justice.

Georgia Man Sentenced to Over 5 Years for in Federal Prison for Meth Distribution

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

MakerDAO co-founder Rune Christensen said the feature won't be live when the USDS token goes live and the old DAI token will remain in circulation unchanged.

Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial Stablecoin Change

Crisp County, GA

On Wednesday, the Georgia Bureau of Investigation announced the arrest of 24 individuals following Operation Shyne Down. The GBI and other agencies served a total of 120 warrants on the suspects involved in the investigation, which targeted the criminal street gang G-Shyne Bloods and their involvement in criminal activities in Crisp County, Georgia.

Operation Results in More than 20 Charged with Gang Offenses, RICO, and more

TheDailyBeast

Prosecutors in Paris charged Telegram founder Pavel Durov with multiple crimes related to the messaging app, multiple outlets reported. French prosecutors alleged that Durov, a Russian-born and Dubai-based billionaire, is complicit in criminal activity on the app—which has become one of the most popular social media platforms in post-Soviet Eastern Europe and Central Asia. Prosecutors listed distribution of child sexual abuse material, drug trafficking, and fraud as examples of the criminal activity carried out on the app. He was charged with enabling criminal transactions—a crime that comes with a possible €500,000 fine and up to 10 years in prison, NBC News reported. He was released on €5 million bail (about $5.5 million USD) earlier on Wednesday, but ordered to remain in French territory and check in with authorities twice per week. Durov was arrested by French authorities at Le Bourget Airport outside of Paris on Saturday as part of a wider probe into criminal activity on Telegram, French prosecutor Laure Beccuau said in a statement on Monday.Read it at The New York TimesRead more at The Daily Beast.

Telegram Founder Hit With Criminal Charges in France for Users’ Bad Behavior

NewsBreak

OpenSea Receives 'Wells Notice' From SEC; Telegram CEO Pavel Durov Indicted on 'Complicity'

\"CoinDesk Daily\" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as NFT marketplace OpenSea received a notice from the SEC that...

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as NFT marketplace OpenSea received a notice from the SEC that...

OpenSea Receives 'Wells Notice' From SEC; Telegram CEO Pavel Durov Indicted on 'Complicity'

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