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SEC sues Bitcoin mining company Geosyn, accusing its founder of $5.6 million fraud

According to BlockBeats, on April 26, Cointelegraph reported that the SEC filed a lawsuit against Bitcoin mining company Geosyn Mining and its co-founder, accusing them of lying about the number of crypto mining equipment in operation and using customer funds for personal expenses, thereby defrauding investors of $5.6 million.
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Meson Network (MSN) was delisted after its price dropped by more than 70% in 100 days. The founder's addiction to consumption caused community condemnation; Ethereum core developers questioned the significance of the crypto industry; this week, the international economic environment caused Bitcoin and Ethereum prices to experience large fluctuations; X platform tested payment services involving transactions, balances and transfers; Ronin Bridge was attacked and about 4,000 ETH were stolen, and some funds were returned
The Mt. Gox trustee plans to begin repaying BTC and BCH in early July; VanEck submits an application for Solana ETF; the SEC may approve the Ethereum spot ETF before July 4; Trump plans to speak at the Bitcoin 2024 conference in July.
Good morning! Here is a summary of important news in the cryptocurrency industry from last night and this morning on November 2nd.
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