🚀 **Crypto Weekly Recap: Venture Capital, Regulatory News & Market Trends!** 🚀

- **VC Scene Buzzing**: Over $253M flowed into crypto startups! Celestia Foundation raised $100M for its modular blockchain, while Infinex secured $65.29M via NFT sales.

- **Zhao & Ellison Sentenced**: Binance founder Changpeng Zhao completed a 4-month sentence. Caroline Ellison received 2 years for her role in the FTX scandal.

- **SEC on Bitcoin**: SEC Chair Gary Gensler confirmed Bitcoin is not a security on CNBC.

- **PayPal's Crypto Update**: U.S. merchants can now buy, hold, and sell crypto via PayPal business accounts.

- **Money Laundering Bust**: DOJ seized domains of 3 crypto exchanges linked to $800M in illicit transactions.

- **Meme Coin Surge**: SHIB, PEPE, and WIF led gains, with the meme coin market cap rising 25%.

💬 **What are your thoughts on these developments? Comment below!**