hey hamsters it's Sunday which means it's time for our weekly segment today however we'll start with a story that broke last night telegram founder Pavel durov was detained in France upon arrival in the country he's been detained according to sources until the trial on a wide range of aler defenses all stemming from his refusal to moderate content on telegram this is all the information we have by the time we're getting this segment ready we are closely monitoring the situation and we'll update you on what's going on we sincerely hope this is a misunderstanding and it will be resolved soon now to the weekly recap markets markets have been mostly positive this week with Bitcoin almost touching $64,000 up almost 8% Don and NCoin however immediately react to durov's news and fell 15 and 18% respectively within the hour Politics as senior campaign advisor to camela Harris said that Harris will support the growth of digital assets and Implement necessary policies if elected president regulation China now considers crypto asset transaction as a method of money laundering while India is assembling a panel to Define how to approach crypto Assets in its push for innovation in the US meanwhile another crypto exchange is facing legal hardship the judge did not dismiss the case against Kraken and it is now going forward the US Regulators have accused the exchange of operating as an unregistered Securities trading platform business Tron and HDX founder Justin Sun launched a competitor to a mcoin generator pump fund for Tron based coins called Sun pump with almost $600 million total value locked at this time [Music] wo big deal CZ the founder and former CEO of the world's biggest exchange binance who is currently serving time in the US was transferred from a Californian prison to a facility that prepares inmates for reentry into society he is scheduled to be freed on September 29th that's all for today thanks for watching subscribe and remember hamsters are power one for all and all for one see you tomorrow