Solana Targets $117 Breakout; Bulls Crack Key Resistance

CFTC Clobbers Monex in Crypto Forex Win The Ninth Circuit just handed the CFTC a major victory, upholding a $12 million penalty against Monex for illegally peddling leveraged retail forex contracts as unregistered commodities. This ruling turbocharges the agency’s grip on digital asset derivatives, signaling regulators can chase borderline crypto trades without mercy. Markets take…

Chinese Creditor Fights FTX’s Plan to Block Payouts in Restricted Nations A Chinese creditor has thrown a wrench into FTX’s bankruptcy plan to halt repayments to users in countries like China, North Korea, and Russia. The objection claims the move unfairly discriminates and could delay justice for global victims. This clash highlights the messy geopolitics…

### IRS Seizes 24 Crypto Accounts in Tax Evasion Crackdown The U.S. District Court for the District of Columbia upheld the government’s forfeiture of 24 cryptocurrency accounts in a major IRS-led tax evasion probe, signaling a tougher stance on unreported digital asset gains. This ruling reinforces that crypto holdings are fair game for seizure when…

US Crypto Bill Lets Tesla, Meta Dodge SEC—Warren Sounds Alarm US lawmakers are fast-tracking a crypto market structure bill that could let giants like Tesla and Meta sidestep strict SEC oversight, sparking fury from Senator Elizabeth Warren. Set for House debate next week, this legislation aims to clarify digital asset rules but critics warn it…

Coinbase Wins Key Appeal, SEC Faces Fresh Limits The Third Circuit just handed Coinbase a partial victory that could slow the SEC’s enforcement sprint against crypto platforms. Judges ruled the agency must answer Coinbase’s petition for clearer digital-asset rules before it can keep hammering the exchange with enforcement actions. Markets read the decision as the…