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The FTX Collapse, Explained - WSJ What Went WrongThe SEC v. Ripple case sent shockwaves through the cryptocurrency sector when blockchain projects had been operating with little regulatory oversight. There had. An Australian computer scientist's claim to be the mythical figure behind bitcoin will be challenged in the UK on Monday, in a high court case. A federal judge ruled on Thursday that cryptocurrency entrepreneur Do Kwon and his company Terraform Labs violated U.S. law by failing to.