CFTC WINS KEY VICTORY IN MONEX APPEAL The Ninth Circuit just handed the CFTC a major win, ruling that leveraged retail metals contracts sold by Monex Credit Company and its affiliates fall squarely under the agency’s anti-fraud authority. The decision reverses a lower court dismissal and clears the way for the agency to pursue claims…
Court Slaps IRS on Crypto Account Seizures The D.C. District Court just told the IRS it cannot treat anonymous cryptocurrency wallets the way it treats bank accounts. In United States v. Twenty-Four Cryptocurrency Accounts, Judge Dabney L. Friedrich ruled that the government’s civil-forfeiture complaint against 24 wallets lacked the basic factual glue required to survive…
Bitcoin Has Years to Prepare for Quantum Threat, Bernstein Says Bitcoin is not about to be broken by quantum computers, according to Bernstein analysts who argue the network has a three-to-five-year window to harden its defenses. The real exposure sits in old wallets and exposed public keys rather than the protocol itself, meaning the threat…
SEC Smacks Binance With Partial Win in D.C. Court The Securities and Exchange Commission just scored a tactical victory against the world’s largest crypto exchange. In a sweeping 83-page opinion, Judge Amy Berman Jackson green-lit most of the agency’s claims that Binance and its founder Changpeng Zhao sold unregistered securities and operated an unlicensed exchange….
Iran Eyes Bitcoin Tolls for Strait of Hormuz A new report claims Iran is considering charging certain oil tankers a $1-per-barrel Bitcoin toll to transit the Strait of Hormuz, the critical chokepoint for roughly 20% of global oil supply. The move would let empty vessels pass for free under an apparent US-Iran understanding, but loaded…
Diamond Fortress Sues Over Lost Crypto Keys, Delaware Court Ducks Core Question Delaware’s Superior Court just refused to decide whether a software company can be forced to hand over private keys after a business partner vanished with access. The narrow ruling leaves both sides in limbo and signals that state judges may keep dodging the…
Bitcoin Moves Into “Accumulation Zone” as Analysts Point to Longer-Term Cycle Signals Bitcoin is being described by some market watchers as having moved into an “accumulation zone,” a term typically used to indicate a period when longer-term investors steadily buy while price action remains relatively subdued. The characterization comes as analysts and commentators draw on…
Bitcoin Holds Near $72K as Bulls Eye Breakout Bitcoin is showing signs of life after its recent dip, but sellers are pushing back hard near the $72,000 level. The market is watching closely to see if this relief rally can turn into something more lasting or if it stalls again. The price action comes after…
Grayscale Beats SEC, Court Orders Bitcoin ETF Review D.C. Circuit judges just handed the SEC a rare loss, telling the agency it must reconsider Grayscale’s spot Bitcoin ETF after ruling that the regulator treated the product differently than similar futures-based funds. The decision matters because it signals that courts may no longer accept the SEC’s…
Court Hands CFTC Sweeping Win Over Crypto Promoter The Seventh Circuit just handed the Commodity Futures Trading Commission a decisive victory in its case against James Donelson, affirming that his unregistered crypto-trading operation violated federal law and ordering him to pay more than $1.5 million in restitution and penalties. The ruling strengthens the agency’s hand…
Coinbase Court Win Puts SEC Crypto Crackdown in Doubt The Third Circuit just handed Coinbase a procedural victory that could slow the SEC’s campaign against crypto exchanges. By ruling the agency must answer Coinbase’s petition for rulemaking before new enforcement actions roll forward, the court injected real friction into Chair Gensler’s enforcement-first strategy and gave…
SEC Picks New Crypto Cop as Sun Lawsuits Collapse The U.S. Securities and Exchange Commission has named David Woodcock its new enforcement chief, stepping into the role just as lawmakers demand answers about why the agency quietly dropped high-profile suits against Justin Sun’s Tron and several other crypto firms. The timing has raised eyebrows on…
Bitcoin Hits $72K Then Fades as Ceasefire Hope Meets Reality Bitcoin briefly touched $72,000 after reports of a ceasefire between Iran and Israel, but the rally evaporated within hours. Price action showed the same pattern seen in prior macro-driven spikes: quick enthusiasm followed by equally quick profit-taking. Traders are now watching whether this was a…
Celsius Founder Alex Mashinsky Files to Have 12-Year Crypto Fraud Sentence Vacated Alex Mashinsky, the founder and former CEO of crypto lending platform Celsius, has filed a motion seeking to have his 12-year sentence for crypto fraud vacated, according to the information provided. The filing marks the latest legal development tied to Celsius, a company…
Bitcoin Buyers Turn Aggressive as $90K Target Emerges Bitcoin is showing fresh signs of life as aggressive buyers step back into the market on Binance, pushing the price closer to the long-awaited $90,000 mark. The shift comes after weeks of sideways trading and suggests that demand may finally be overpowering sellers once again. Recent trading…
Bitcoin Fails to Hold $72K as Ceasefire Rally Fizzles Bitcoin touched $72,000 after news of a ceasefire between Iran and Israel sparked a short-lived relief rally, but the move quickly lost steam as traders sold into strength. The brief spike above the psychologically important level lasted only hours before fading back below key resistance, leaving…
MEXC Names New CEO to Chase EU License MEXC has installed Vugar Usi as its new CEO and immediately signaled a sharper focus on regulatory compliance in Europe. The exchange is also doubling down on its zero-fee trading model, a direct response to intensifying competition from both traditional and crypto-native platforms. For traders, the move…
Bitcoin ETFs Shed $2.8B in Record-Breaking Nine-Day Streak Bitcoin exchange-traded funds (ETFs) recorded a sustained wave of investor withdrawals, shedding a combined $2.8 billion over a nine-day stretch, according to the information provided. The run marks the longest outflow streak for these products and underscores how quickly sentiment can shift in the ETF market, where…
SEC Picks New Enforcement Chief as Crypto Cases Collapse The US Securities and Exchange Commission has appointed David Woodcock to lead its enforcement division, stepping into the role at a moment when the agency is quietly backing away from several high-profile crypto lawsuits. Senators are still waiting for answers about why cases against Justin Sun…
US Treasury Targets Stablecoin Issuers With New AML Rules The US Treasury has dropped a proposed rule under the GENIUS Act that would force payment stablecoin issuers to build full AML/CFT and sanctions compliance programs, giving them the power to block, freeze, and reject transactions they flag as risky. The move signals that stablecoins are…
