Gate News reports that on March 19, according to sources familiar with the matter, cryptocurrency trading platform FalconX is exploring the possibility of an initial public offering (IPO), with multiple investment banks including Cantor Fitzgerald bidding for underwriting services on the project. FalconX is known for providing digital asset trading services, and this consideration of going public comes as interest in the cryptocurrency market continues to grow.

Gate News reported that on March 19, a man accused his ex-wife of stealing over 2323 bitcoins from his wallet after their divorce and transferring them to a place he cannot access, with the assets involved valued at up to 180 million pounds (approximately 238 million US dollars). Plaintiff Ping Fai Yuen has filed a lawsuit against his ex-wife Fun Yung Li at the London court over this matter. According to London court ruling documents published on March 10, since the litigation was initiated, the bitcoins involved in the case have been valued at up to 180 million pounds.

Argentine President Javier Milei has come under public scrutiny due to the Libra cryptocurrency scandal. An investigation reveals that he had prolonged financial dealings with lobbyist Novelli, with transaction amounts increasing after he took office. Milei had previously promoted Libra and related projects, and both Congress and the judiciary have now launched investigations into the matter.

Elon Musk is in settlement negotiations with the U.S. Securities and Exchange Commission (SEC) regarding his failure to timely disclose his acquisition of Twitter shares in 2022. The SEC requires investors to disclose purchases exceeding 5% of shares within 10 days, but Musk delayed disclosure until day 21 and submitted non-compliant filings. This matter needs urgent resolution to facilitate a potential SpaceX IPO.

Gate News, on March 18, according to crypto journalist Eleanor Terrett's report, Senator Lummis stated that the Clarity Act (cryptocurrency regulatory bill) will be completed by the end of the year no matter what. She also indicated that the banking committee is expected to review the bill in the second half of April, after the Easter holiday.

US Commodity Futures Trading Commission Chair Selig responded to Arizona's criminal charges against Kalshi, characterizing the matter as a jurisdictional dispute and stating that the charges are improper. Attorney General Mayes accused Kalshi of offering illegal gambling services, emphasizing that the company must comply with the law. The CFTC will closely monitor developments in the case.

Cari Network, led by Gene Ludwig, announces a partnership with Matter Labs to build a tokenized deposit network. The platform is based on ZKsync and enables small to medium-sized regional banks to issue and transfer tokenized deposits, ensuring deposits remain as bank liabilities. The Prividium shared ledger achieves instant settlement of verified transactions and protects user identity information.

Dark Matter Labs released a technical report proposing to replace residual connections in Transformers with attention mechanisms to improve computational efficiency. Elon Musk praised this work, and young co-author Chen Guangyu responded to external skepticism, emphasizing teamwork. Chen Guangyu is a 17-year-old high school student who previously won at a hackathon.

The U.S. Securities and Exchange Commission (SEC) withdrew its lawsuit against Nader Al-Naji on March 16, ending a two-year legal dispute and marking a shift in the crypto regulatory environment. The withdrawal was partly based on the SEC's reassessment of its regulatory framework and evidence, but does not affect other cases. Al-Naji was accused of using funds raised through BitClout for personal expenses and has now reached a settlement. This matter demonstrates a gradual shift in the U.S. crypto regulatory approach.

Gate News Announcement, March 11, Sun Yuchen announced that the case brought by the U.S. Securities and Exchange Commission (SEC) against himself, the TRON Foundation, and the BitTorrent Foundation was officially concluded yesterday (March 10). The judge approved and signed the final judgment, dismissing all charges against the three parties, and the SEC is barred from filing another lawsuit on this matter. The case is now closed.