This week saw a flurry of activity in the crypto and DeFi space, offering fascinating insights into its dynamic nature. From major legal battles to groundbreaking regulatory approvals, this recap summarizes the key developments you shouldn’t miss. First, Argentine President Javier Milei is facing legal scrutiny for his past endorsement of LIBRA, a cryptocurrency that crashed soon after launch, raising questions about fraudulent activity and misleading investors. In Nigeria, Binance has been accused of tax evasion and currency speculation by the FIRS, leading to a $81.5 billion lawsuit. Meanwhile, Bybit CEO Ben Zhou expressed concerns over Pi Network’s legitimacy, citing investigations from Chinese authorities and Vietnamese officials. The SEC took another significant step with the approval of the first SEC-registered yield stablecoin, YLDS developed by Figure Markets, offering investors increased security within a regulated framework.