Jul 28, 2023

"CoinDesk Daily" takes a look at the top headlines in crypto today, including Worldcoin, which was co-founded by OpenAI's Sam Altman, facing new scrutiny in France.

Video transcript

More eyes on World Coin and Sp F's latest court request. You're watching coin desk daily. I'm your host, Jenna. It's been a relatively unchanged week for Bitcoin. The world's largest Cryptocurrency by market cap is ending the week down. Roughly 2% sticking to the $29,200 level. In the wake of a rate hike from the federal Reserve world Coins. WLD Token is trading in the green above $2 in the last 24 hours. That's according to coin market cap. It went live on Monday but has drawn some skepticism over privacy concerns. Just today. Coindesk learned the crypto project launched by open A is Sam Altman is being investigated by French data protection regulators for quote questionable practices. World coin scans retinas to ensure that no single person can claim crypto rewards twice. The SEC should give equal treatment to all spot Bitcoin ETF applications. That's what Grayscale investments is saying. In a new statement, Grayscale says green lighting, only a few would give the winning applications an unfair advantage. Grayscale filed a lawsuit against the SEC last year after its application to convert its Bitcoin Trust into an ETF was rejected gray scale and coin desk are both owned by digital currency group. Binance has filed a motion to dismiss the CFT CS lawsuit. The agency has sued the crypto exchange in March alleging that it operated a derivatives trading operation and directed American employees to obscure their locations. The filing leans heavily on the view that the CFC is reaching beyond its jurisdiction. And Sam Bateman Fried's lawyer has asked the court to seal the private diary of former Alameda Research Ceo Caroline Ellison. The DOJ has accused the FTX founder of leaking Ellison's diary to the New York Times and trying to tamper with witnesses. This week. A judge declined the doj's request to put SBF behind bars until his criminal trial in October. According to court documents, inner city press has opposed the request to seal the diary. That's a wrap for Coindesk Daily. Get more updates on coindesk dot com and we'll see you next time.

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