The US Court of Appeals for the Ninth Circuit has authorized a substantial forfeiture of Bitcoin linked to the Silk Road case. Meanwhile, a British Virgin Islands court has frozen over $1.14 billion in assets belonging to the co-founders of Three Arrows Capital following its collapse. On the social media front, Reddit users have uncovered a deepfake scam on YouTube involving Ripple's CEO, leading to discussions about digital security and ethics. In a related vein, Worldcoin has ceased its iris-scanning operations in several countries amidst privacy concerns and ethical debates. Lastly, in the high-profile SEC civil trial against Terraform Labs, a federal judge has ruled to keep certain materials confidential, highlighting the ongoing complexities and legal intricacies within the crypto industry.
