The social messaging company still plans on moving forward with its blockchain despite the ongoing legal battle.
From central bank digital currency to more regulatory oversight, the crypto space continues moving forward.
The U.S. financial regulator bears down harder against the messaging company and its GRAM token sale.
Several high-profile individuals backed the company ahead of its ICO in 2018.
The financial regulator accuses the company of using investment funds to replenish its bank account.
It was another busy week for crypto as the space continues to find better footing.