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Airdrop farmers are up in arms over the release of layer-2 network Scroll's airdrop allocation this week, with 7% being set aside for early adopters whilst centralized exchange Binance will receive 5.5% for its Launchpool users.

Layer-2 network Scroll released its long-awaited native governance token on Tuesday. Traders have priced SCR at around $1.10, or a $212 million market cap, based on the circulating supply figure of 190 million.

After more than a year of hype and expectation, layer-2 network Scroll's governance token launch is beginning to fall short of expectations after being plagued by token allocation issues.

Gensler also called out fraud in crypto: “With all respect, the leading lights of this field in 202[4] are either in jail or awaiting extradition right now.”

The U.S. Securities and Exchange Commission (SEC) has filed suit against three individuals and five companies for allegedly operating pig butchering scams – a type of confidence-enabled investment scam in which fraudsters befriend victims over text

The U.S. Securities and Exchange Commission said its systems and devices were not breached by the party responsible for tweeting out a fake bitcoin ETF approval announcement earlier this week.

Uyeda said the U.S. agency can work with crypto firms to figure out how to differentiate S-1 forms for digital assets.

A decision for approving or denying a joint Ether ETF product has been pushed back, in line with analyst expectations.

Some investors in defunct crypto startup BitClave will soon get their money back, plus interest, according to a Wednesday announcement from the U.S. Securities and Exchange Commission (SEC).

The U.S. regulator closed its investigation into "Ethereum 2.0," Consensys said.