US authorities have uncovered an additional $10 million tied to Sam Bankman-Fried, the former FTX CEO. In a separate legal shake-up, the ex-CEO of Celsius Network has fired his legal team. And Washington state just became the first to ban cryptocurrency ATMs outright. Here's a look at each story.
More money linked to SBF
Federal investigators found another $10 million connected to Bankman-Fried, adding to the pile of assets already seized or identified in the fraud case. The discovery was made this week, though officials haven't said exactly where the funds were stashed. It's the latest in a long string of asset recoveries tied to the collapsed exchange.
Celsius ex-boss switches lawyers
The former CEO of the now-bankrupt crypto lender Celsius Network has ditched his legal team. No reason was given for the change, but it happened this week. The move comes as the bankruptcy case grinds on and creditors push for answers. It's not clear who will replace the lawyers or how the shift might affect the timeline.
Washington state says no to crypto ATMs
A new law signed in Washington state bans cryptocurrency ATMs from operating anywhere in the state. The measure took effect immediately after the governor's signature this week. Lawmakers cited consumer protection concerns and the difficulty of tracking transactions. Other states may watch closely to see if similar bills surface.
The Celsius case is expected to move forward in bankruptcy court over the coming weeks, with the ex-CEO's legal strategy now uncertain. The SBF investigation continues, and federal authorities have not ruled out further discoveries. Meanwhile, crypto ATM operators face a new patchwork of state rules — Washington's ban could be just the start.
