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Coin Center initiates case against Department of the Treasury for violating civil rights
The non-profit human rights organization Coin Center filed a lawsuit against the US Department of the Treasury. According to the group’s representatives, the Infrastructure Investment and Jobs Act violates civil rights and leads to spying for the benefit of the government. 
FTX CEO will donate his fortune to charity
Sam Bankman-Fried, founder of investment firm Alameda Research and crypto exchange FTX, plans to donate 99% of his fortune to charity. According to the Bloomberg news agency, the youngest American billionaire will keep only 1% (at least $100,000) of his annual income for personal needs. He will direct the rest of the funds to the implementation of the goals that he considers worthy. Australia will penalize for unscrupulous advertising of crypto-exchanges
ASIC (Australian Securities and Investments Commission) stated that financiers who promote cryptocurrency projects can provoke people for reckless investment of assets. The country establishes liability for this. Influential people from the world of finance were warned about it by ASIC. How investors reacted to the satirical videos of the US SEC
The US Securities and Exchange Commission videos stirred up social media. On May 31, 2022, the SEC launched a social campaign on investment in the format of game shows. However, investors reacted quite aggressively to the rhetoric of the government agency, as evidenced by numerous negative and sarcastic comments on social media. 
White Star Capital Raised $120 Million for Web3 and DEFI Solutions
White Star Capital, the global multi-stage technology investment platform, has secured $120 million for the development of its second Digital Asset Fund. Its goal is to invest in crypto networks, early-stage blockchain, and Web3 businesses.