590:Google AI, Coinbase & SCOTUS, FTX claims, NFT Legal Tussles

Overnighters,

Episode 590:
Google AI Fights Money Laundering
Coinbase’s SCOTUS Win
Trader Shorts TUSD for $4M
and More

Collect the Cover: https://awrd.gg/5737

The TL;DL

Google AI Fights Money Laundering - Google Cloud launches Anti Money Laundering AI service, aiming to enhance detection of money laundering activities and reduce false positives.

Coinbase’s SCOTUS Win - US Supreme Court allows Coinbase to pause customer lawsuits, enabling the crypto exchange to focus on appeals and potentially setting a legal precedent.

Celsius Accuses Wintermute of Wash-Trading - Celsius Network's creditors accuse Wintermute of assisting in wash trading, a practice that falsely inflates trading volumes.

MetaBirkin Shut Down by Hermes - French luxury fashion house Hermès wins legal battle against MetaBirkin creator Mason Rothschild, halting all sales of MetaBirkin NFTs.

Trader Shorts TUSD for $4M - A savvy trader leverages Aave's v2 lending platform to short TUSD for $4M, capitalizing on TrustToken's decision to halt minting and redemption of TUSD.

FTX Claim used as Collateral - A creditor of the bankrupt cryptocurrency exchange FTX uses a claim as collateral for a loan in the DeFi protocol Arcade, marking a first in on-chain loans.

Crypto Overnighter Podcast (6/25/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice.

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