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The SEC has sent a Wells notice to Coinbase regarding unlicensed securities listings, which Coinbase plans to fight in court. Billionaire Bill Huang has been indicted for securities fraud, manipulation, and faking exchange volume. Justin Sun, creator of Tron, has also been indicted for fraud. Meanwhile, the founder of the scammy cryptocurrency Luna, Don Quan, has been arrested in Montenegro. Elon Musk is critical of the FED for raising rates, but the banking system is facing a crisis, with billions of dollars being distributed in the last few days. Obamacare also has concerning language regarding insolvency events and the safety of deposited currency units.