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Don't remind me again today

Big news coming out of Switzerland again. The federal prosecutor has officially filed a lawsuit against UBS and the now-defunct Credit Suisse, all because of that infamous "tuna bond" scam—the loan scandal from nearly a decade ago that directly crippled Mozambique's economy. Now, the case is finally heading to court, which shows that the bad debts of these traditional financial giants are far from being settled. For those of us in this space, it's also a reminder: whether it's traditional finance or the crypto world, regulatory scrutiny will reach us sooner or later.

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