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Latest from Danny Nelson
Monero’s Ricardo ‘Fluffypony’ Spagni to Surrender to US Marshals on July 5
The former privacy coin maintainer faces extradition to South Africa where he faces fraud charges.

CFTC Charges South African Bitcoin Club Mirror Trading International With $1.7B Fraud
MTI’s self-described CEO was recently detained in Brazil on an Interpol warrant, the regulator said.

Genesis Faces ‘Hundreds of Millions’ in Losses as 3AC Exposure Swamps Crypto Lenders: Sources
The DCG-owned trading colossus is said to have suffered nine-figure losses partly through exposure to Three Arrows Capital and Babel Finance.

Solana’s Macalinao Brothers Double Down on Crypto Venture Fund
Crypto VCs told CoinDesk that building projects and investing in them is a tricky mix.

Solana’s Biggest DeFi Lender Almost Got Rekt. Then Binance Stepped In
Solend’s whale crisis rattled depositors and threatened to crash Solana. Can the lending protocol recover?

FTX in Talks to Acquire Part of BlockFi: Report
FTX previously extended a $250 million emergency line of credit to the struggling crypto lender earlier this week.

Solana Labs Is Building a Web3 Mobile Phone
The backers of the Solana blockchain said the devices will cost around $1,000 and be available for delivery in early 2023.

Coinbase Phasing Out ‘Coinbase Pro’ for ‘Advanced’ Mode in Main App
The crypto exchange will “sunset” the standalone app once known as GDAX later this year.
