The world’s largest cryptocurrency exchange has been hit with an SEC suit that many saw coming, but the details will be studied closely. Source: https://cointelegraph.com/news/sec-s-binance-suit-contains-heady-mix-of-predictable-charges-novel-revelations

The agreement came on the back of “good faith, arm’s length negotiations” with FTX’s debtors, the museum said. Source: https://cointelegraph.com/news/metropolitan-museum-return-ftx-donation

Some crypto influencers have been giving lucrative endorsement offers a hard pass after seeing what could happen if things end badly for the firm. Source: https://cointelegraph.com/news/crypto-endorsements-influencers-brand-deals-collapse-ftx

Elizabeth Warren reportedly took advice from Wall Street short-seller Marc Cohodes, who cashed in on the collapse of Silvergate and Signature banks. Source: https://cointelegraph.com/news/warren-s-alleged-work-with-short-seller-shows-anti-crypto-army-heating-up

This week’s Crypto Biz also looks at the crypto industry after FTX collapse, Tether’s Bitcoin mining in Latin America, Tabi’s funding round and Nvidia’s artificial intelligence machines. Source: https://cointelegraph.com/news/crypto-biz-six-months-on-from-ftx-tether-mines-btc-and-nvidia-ai-superchips

Crypto Twitter has warned others not to click on the latest link posted on OpenAI CTO Mura Murati’s Twitter account, which promises a free airdrop. Source: https://cointelegraph.com/news/open-ai-cto-twitter-hacked-promoting-scam-airdrop

A United States Air Force colonel said the results of the simulation highlight why a conversation around ethics and artificial intelligence is needed. Source: https://cointelegraph.com/news/ai-drone-kill-human-operator-in-tests

Chinese RMB stablecoin issuer’s Shanghai office reportedly deserted after police raid, and WeChat offers Bitcoin prices — but for how long? Source: https://cointelegraph.com/magazine/yuan-stablecoin-team-arrested-wechats-new-bitcoin-prices-hk-crypto-rules-asia-express/

Days after Digital Currency Group’s TradeBlock started winding down operations, investment bank TD Cowen has also announced its crypto unit’s closure. Source: https://cointelegraph.com/news/investment-bank-td-cowen-shuts-crypto-unit

Luca Netz suggested that Pudgy Penguins is pushing for Web3/blockchain as a “back end not front end” approach, as it makes its IP as accessible as possible. Source: https://cointelegraph.com/news/pudgy-penguins-ceo-nft-success-bear-market