Former FTX CEO Sam Bankman Fried has applied for a retrial of the case, but the appellate judge has expressed doubts about it. This may affect the progress of the case trial and its legal strategy. Subsequent attention should be paid to the court's final ruling on the application. （CoinDesk）

The largest crypto has now tumbled more than 20% since hitting a record high above $126,000 only one month ago.

One of the biggest advocacy groups for banking in the U.S. has asked the Office of the Comptroller of the Currency to dismiss Coinbase's licensing effort.

The Sam Bankman Fried team has appealed his 25 year sentence, claiming that he was not presumed innocent and key FTX evidence has been excluded. （Cointelegraph）

Ripple President Monica Long provides a detailed analysis of the company's future development plans at the Swell 2025 event. She highlighted Ripple's next strategic direction and goals, emphasizing the importance of technological innovation and market expansion. In the future, Ripple will continue to focus on promoting the application of blockchain technology and optimizing global payment networks. （CoinDesk）