<h2>GM fam!</h2>
Never a quiet day in crypto. Here's the playlist for today.
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<h2>Top News</h2>
<a href="https://blockworks.co/news/gala-games-founders-legal-battle">Gala Games' founders engulfed in legal feud</a>
In his legal complaint, Schiermeyer alleges that Thurston and his investment entity misappropriated $130 million in Gala tokens.
<a href="https://www.coindesk.com/consensus-magazine/2023/10/17/whats-holding-crypto-back-its-the-founders-not-just-regulators/">What's Holding Crypto Back? It's the Founders, Not Just Regulators</a>
The segment obsessed with self-custody hasn't grasped that most people lack technical knowledge to use self-custody wallets.
<a href="https://thedefiant.io/vitalik-says-he-hasn-t-sold-any-eth-since-2018">Vitalik Says He Hasn't Sold Any ETH Since 2018</a>
<a href="https://blockworks.co/news/securities-lawsuit-against-compound">Securities lawsuit against Compound founders, investors to proceed</a>
<a href="https://blockworks.co/news/3ac-zhu-davies-securities-violations-monetary-authority-singapore">Singapore bans 3AC founders from conducting market activity for 9 years</a>
<a href="https://cointelegraph.com/news/nft-startup-rario-loses-founders-after-120m-funding">NFT startup Rario loses founders after $120M funding last year</a>
<a href="https://www.theblock.co/post/232172/worldcoin-developer-announces-115-million-fundraise">Worldcoin developer nets $115 million fundraise led by Blockchain Capital</a>
<a href="https://www.investopedia.com/crypto-industry-fundraising-at-lowest-levels-since-2020-8348030">Crypto Industry Fundraising at Lowest Levels Since 2020</a>
<a href="https://decrypt.co/202343/nyag-charges-genesis-gemini-dcg-defrauding-232000-investors">NYAG Sues Genesis, Gemini, DCG for Defrauding Crypto Investors of $1 Billion</a>
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<h2>Tweet of the Week</h2>
<blockquote>
Decentralization of money is a game-changer. It's not just a trend; it's a revolution. In a bear market, this is where the toughest builders thrive. Less noise, more focus. Keep building, keep learning. The bear market is where the foundations are laid for future success.
</blockquote>
-- BEN (@BlockchainEdu)
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Disclaimer: This newsletter is purely educational and is not intended to be financial advice.

What's Holding Crypto Back? Founders, Not Just Regulators

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