Bitnomial sues SEC over XRP, Justin Sun elected prime minister, AI targets KYC

That was a tumultuous 24 hours as Bitcoin dropped below $60K, but the bleeding was stemmed and BTC remains in no man's land. Crypto exchange Bitnomial filed a lawsuit against the SEC over claims that XRP is a security as the agency obstructs the listing of XRP futures contracts. A new report shows how dangerous AI is becoming as deepfakes pass facial recognition KYC checks at major crypto exchanges. And finally, Justin Sun is elected prime minister of Liberland.Further reading:BTC price gains 'on horizon' as Bitcoin whales buy 1.5M BTC — AnalysisBitcoin digests US 'nightmare' CPI, jobs data as $60K hangs in balanceBitnomial sues SEC over claim that XRP is a securityAI deepfake tool on ‘new level’ at bypassing crypto exchange KYC: ReportJustin Sun elected Prime Minister of Liberland micronation This episode is sponsored by Unlimit. Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.