OKX investment, Sun case dropped, Penguin trademark, Crypto survey

Thanks Rey here's a look at your crypto daily download headlines.

The parent company of the New York Stock Exchange, I is investing in the crypto exchange.

OK at a $25 billion valuation as part of its push into blockchain-based stocks.

The deal includes a board seat for I and a partnership to explore trading tokenized nicely listed stocks and derivatives on OKX.

The financial terms were not.

Closed.

A central piece of the collaboration involves integrating traditional equities with crypto infrastructure.

Well, the US Securities and Exchange Commission will end its lawsuit against Justin's Sun, and a firm affiliated with him will pay $10 million.

The SEC sued Sun in 2023 alleging he committed securities fraud and sold unregistered securities through companies he owned and controlled.

The settlement plan requires a judge's approval, and under the plan, the SEC.

Will drop all claims against Sun while Rain Barry will pay the $10 million civil penalty while PEI alleges NFT brand pudgy Penguins retail products infringe on the trademarks owned by its penguin apparel brand which was founded in 1955.

Pudgy Penguins was sent a cease and desist letter in October of 2023 but ignored the warning, according to PEI's complaint and stock twists did a poll to see which cryptocurrency.

Responds to hold while Bitcoin top retail investors crypto pick for the next 5 years.

XRP ranked 2nd in the survey with 30% of the vote.

Ethereum received 17% of responses, placing it well behind Bitcoin and XRP in terms of retail preference for long-term growth potential.

Solana attracted 10% of the vote, the lowest share among the four cryptocurrencies, and that is the latest crypto daily download headlines.