U.S. Judge Greenlights Civil Seizure of $40K in Stolen Inaugural Funds A federal judge in Washington has ruled that roughly $40,353 worth of USDT tokens can be forfeited to the government after they were traced to a Nigerian phishing operation that siphoned money from the Trump-Vance Inaugural Committee. The decision marks one of the first…
Trezor has told customers who purchased any of its hardware wallet models from CryptoBilis since March 2026 to move their funds into a newly created wallet with a new recovery phrase. The precaution follows a report alleging that a Trezor Safe 5 sold through the reseller contained an extra internal circuit board capable of reading…
TRM Labs Doubles Valuation as Crypto Compliance Demand Surges Blockchain intelligence firm TRM Labs has reportedly doubled its valuation to $2 billion in a Series C expansion, while its annual recurring revenue has quadrupled over the past three years. The raise signals that institutional demand for crypto investigation and compliance tools is accelerating as digital…
Crypto’s Biggest Mysteries Still Defy Explanation Crypto has produced fortunes, scandals, disappearances, and deaths that remain unresolved years later. From the missing CryptoQueen to a DeFi builder’s disturbing final theories, these cases continue to shape the industry’s culture of distrust and speculation. The story is sparked by a collection of ten enduring crypto mysteries with…
The suspected attacker behind the Binance breach converted a group of stolen altcoins into ether, with onchain reporting putting the proceeds at roughly $158 million. The activity unfolded while Binance’s explanation for the incident faced scrutiny from security researchers examining how transactions moved across multiple chains. The sales do not settle the central question surrounding…
Crypto Groups Challenge Illinois Tax Before January Two major crypto trade groups are trying to stop Illinois from imposing a 0.2% tax on cryptocurrency activity. Their lawsuit argues the levy is unconstitutional and could create costly compliance problems for exchanges, businesses, and investors. The Crypto Council for Innovation and the Blockchain Association are escalating an…
OpenAI Reportedly Weighs Buying Google’s AI Chips to Reduce Reliance on Nvidia OpenAI is preparing to purchase AI chips from Alphabet’s Google, according to a report cited by Reuters, signaling a potential shift in how the ChatGPT maker sources the computing hardware needed to train and run its models. Neither OpenAI nor Google confirmed the…
Fed Rate Decision: What Markets and Bitcoin Traders Can Expect The Federal Reserve is set to announce its latest interest-rate decision at 2 p.m. ET, followed by a press conference with Chair Kevin Warsh. Heading into the release, futures and prediction markets are pricing a rate hold at better than 90%, suggesting investors broadly expect…
Court Reins In Crypto Firm’s Mandamus Bid Envy Blockchain Inc., NV Landco 1 LLC, and Stephen Decani have lost their bid to short-circuit a lower-court discovery fight. The Eighth Court of Appeals in El Paso denied the mandamus petition, refusing to shield the petitioners from producing documents in a case that already threatens to expose…
Court Slaps Coinbase, SEC Can Still Block Crypto Listings Coinbase just lost its bid to force the SEC to answer a petition demanding new crypto rules. The Third Circuit tossed the exchange’s challenge in a terse order that leaves the agency free to keep its enforcement-first strategy alive. The stakes are huge: without a clear…
Crypto exchange HTX exits the UK after settling with the FCA HTX, the cryptocurrency exchange formerly known as Huobi, has stopped accepting deposits from British customers and agreed not to target them with crypto promotions, following settlement discussions with the UK’s Financial Conduct Authority (FCA). Court documents show the FCA and HTX entered talks to…
SEC Wins, Bilzerian Loses, Crypto Gets the Chill A federal judge just slammed the door on Paul Bilzerian’s decades-long campaign to dodge a $60 million SEC judgment, ruling that his 2001 injunction still bars him from filing lawsuits that could drain the agency’s recovery. The decision matters because it shows regulators can weaponize old judgments…
COURT SMACKS SEC IN FIFTH CIRCUIT RULING The Fifth Circuit just handed crypto a major win by limiting the SEC’s power to sue unregistered exchanges that never touched U.S. soil. The decision could slow the agency’s cross-border enforcement campaign and may force it to prove a clearer domestic hook before freezing digital-asset trading venues. The…
Walmart, Eli Lilly join growing pushback against OKX–ICE tokenized stock plans Walmart and Eli Lilly are among the latest public companies to object to having tokenized versions of their shares listed on a proposed tokenized-stock trading venue being developed by crypto exchange OKX and Intercontinental Exchange (ICE), the owner of the New York Stock Exchange….
Supreme Court Hands SEC New Crypto Weapon A sharply divided Supreme Court has just given the SEC sweeping new authority to regulate digital assets by expanding what counts as an “investment contract,” triggering immediate panic selling and a 9% drop in Bitcoin futures overnight. The case reached the Court after the SEC lost at both…
OpenTrade has appointed former Swift CEO Lazaro Campos as chairman, adding an executive with experience in global financial infrastructure to its stablecoin yield platform. The London-based company reported $300 million in total value locked and more than $1 billion in transaction volume over the past 12 months, according to CoinDesk. The appointment follows OpenTrade’s $17…
Judge Slaps CFTC for Overreach in Crypto Trading Case Trevor Kitchen just beat the Commodity Futures Trading Commission in federal court, and the ruling could force regulators to redraw the lines between commodities, securities, and decentralized finance. The D.C. Circuit said the agency overstepped when it tried to punish Kitchen for running a crypto trading…
Thailand’s Supreme Court has found that bitcoin can qualify as property under criminal law, upholding a 10-year prison sentence in a case involving a forced transfer of cryptocurrency on Koh Samui. The ruling addresses a core legal question for digital assets: whether bitcoin can receive property protections even though it is not legal tender in…
USDC Seizes Nigerian Scam’s $40k in Trump-Inaugural Tether A federal judge in Washington just ordered the forfeiture of roughly 40,353 USDT in the ethereum network after the Justice Department proved the coins were proceeds of a Nigerian romance-fraud scheme that posed as the Trump-Vance Inaugural Committee. The ruling marks the first reported crypto-specific forfeiture tied…
MEXC said trading volume in AI-related tokenized U.S. stocks and ETFs rose 88% month over month in September, exceeding the 63% growth it reported for non-AI assets. The exchange described the figures as evidence that trading interest was extending from semiconductors into optical communications, power equipment and data-center infrastructure. The September figures also showed broader…
