More crypto turmoil out of Nigeria today, with new charges of tax evasion filed against Binance, just days after one of their two detained executives somehow managed to escape custody.

The exchange accused the authority of unlawfully rejecting its petition for crypto rulemaking last December.

Current disputes cover asset custody at Binance.US, Terraform Labs' legal fees and staking programs on Kraken. The industry has demanded clear and concise rules while challenging the SEC's overly stringent enforcement actions.

The co-founder of Terraform Labs was initially rumored to face extradition to the U.S., but this decision was reportedly overturned by the latest Montenegran court proceedings.

Concerns regarding outdated calculations, treasury limitations, and potential harm to the protocol's stability have led to skepticism from Lido's advisors.

Texas-based Lejilex crypto startup and the Crypto Freedom Alliance of Texas have sued the U.S. SEC over its "unlawful assertion of regulatory authority over digital asset transactions."

The prosecutors claimed that the huge penalty was appropriate given the severity and intentional nature of the crime.

Crypto companies were notable for their absence during the Super Bowl ad breaks for a second year. But what is driving this continuing trend?