📰 Week in cryptocurrencies:
1. A judge revoked the bail of Sam Bankman-Fried, former CEO of FTX, due to leaks to The New York Times allegedly intended to intimidate witnesses.
2. The SEC delayed its decision on approving the ARK 21Shares spot Bitcoin ETF and opened the proposal for comment.
3. The SEC is appealing the court's decision in the Ripple Labs case and asking that the case be suspended while the appeal is pending.
4. PayPal launches stablecoin PYUSD for payment, which will be available for various purchases.
5. Venture capitalists including Temasek, Sequoia Capital and Softbank are facing lawsuits for supporting a scam at the failing crypto exchange FTX.