Elon Musk faces lawsuit over alleged Dogecoin market manipulation and insider trading.

Dogecoin investors have amended a class-action lawsuit against Elon Musk, accusing him of insider trading and alleging that the token is a security under SEC regulations. Meanwhile, an AI chatbot has been created to chat with Bitcoin creator Satoshi Nakamoto. Binance CEO Changpeng Zhao has considered acquiring a bank amid the ongoing debanking of crypto firms, but regulatory complexity and capital requirements make it unwise. Crypto.com has been granted a major payment institution license for digital payment token services in Singapore. Finally, wallet-as-a-service provider Magic raised $52m in a funding round led by PayPal Ventures.