High-end department store conglomerate Saks Global filed for bankruptcy protection in one of the largest retail collapses since the pandemic. More here

Yao Qian, founder of China's CBDC and one of Coindesk's 2017 Top 10 Most Influential People, is accused by the Chinese government of assisting in the listing of a ICO in 2018, raising 20k ETH, and accepting a bribe of 2k ETH. He is currently under investigation. He sold some of