US DOJ says two Estonians were arrested for a $575M cryptocurrency fraud and money laundering scheme that allegedly defrauded hundreds of thousands of investors (Cheyenne Ligon/CoinDesk)

CNBC:
The Southern District of New York charges SBF with wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy, money laundering, and more  —  – Federal prosecutors in the Southern District of New York unsealed eight seperate charges against disgraced FTX co-founder Sam Bankman-Fried …

Yaling Jiang / South China Morning Post:
Tiffany, Pomellato, and other luxury brands are creating and marketing NFTs to reach young potential consumers in China, despite the country banning NFT trading  —  As in the rest of the world, the metaverse is generating marketing buzz in China.  Unlike the rest of the world …

New York Times:
Source: US prosecutors charge Sam Bankman-Fried with wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy, and money laundering  —  A statement by the government of the Bahamas said Mr. Bankman-Fried was arrested after prosecutors in the United States filed criminal charges.

CNBC:
Filing: US DOJ has requested that an independent examiner be appointed to review “substantial and serious allegations of fraud, dishonesty” in FTX’s bankruptcy  —  – FTX’s bankruptcy case demands an independent review, the Department of Justice said, because of allegations of fraud …

Jamie Crawley / CoinDesk:
Senators Elizabeth Warren (D) and Roger Marshall (R) introduce the Digital Asset Anti-Money Laundering Act, including KYC requirements for wallets and miners  —  The proposal will bring know-your-customer rules to crypto participants such as wallet providers and miners.

Joanna S Kao / Financial Times:
A look at the crypto real estate market, as a growing pool of investors seek safer assets, and its challenges, such as money laundering and gyrating valuations  —  Agents want to tap a growing pool of buyers looking to convert their cryptocurrency into bricks and mortar