GM, Eric here.

This week has been a blast from the past.

GameStop and other meme stocks surged 160% like it was 2021 after Keith Gill, better known as Roaring Kitty, broke an almost three-year social media hiatus that sparked a market frenzy.

After weeks of subdued market moves, crypto traders observed the frenzy with hope — crossing their fingers that retail participants are returning. This could be bullish for digital assets.

It happened three years ago, so why not this time around, right?

In another semi-blast from the past, Kim Kardashian and other influencers found themselves in researchers’ crosshairs after a report suggested that they mislead investors.

Kardashian agreed to pay a $1.2 million fine in October 2022 after promoting tokens sold by EthereumMax on her Instagram.

Still, crypto is cyclical — with bull runs coming and going — so maybe we shouldn’t be surprised that a few news items from the last bull run are back too?

Why privacy advocates argue the conviction of Tornado Cash dev Alexey Pertsev ‘harms everyone’

The conviction of Tornado Cash developer Alexey Pertsev is sending ripple effects through the blockchain industry, which is bracing for a long-foreseen chilling effect, Inbar Preiss and Aleks Gilbert report.

Binance exec’s trial in Nigeria is about to open: Here’s a timeline of the crypto crisis

Binance executive Tigran Gambaryan will stand trial, beginning on Friday, his 40th birthday. Osato Avan-Nomayo explains how the crisis has deepened since February.

Bitcoin hacker who took $72m returns funds in exchange for $7.2m as ‘bounty’

The hacker who took a staggering $72 million in wrapped Bitcoin tokens — Bitcoin on the Ethereum blockchain — from a victim has agreed to a deal that will see 90% of the funds returned to the original owner, Osato Avan-Nomayo reports.

Post of the week

The meme stock frenzy this week saw crypto investors hope for a similar spike in digital assets.