US Law Firm Seeks $344M Redistribution Linked to Iran
@GersteinHarrow LLP has filed a motion to claim $344M USDt in frozen cryptocurrency funds linked to Iran for unrelated judgments spanning decades. #Update #Legal $USDT
CoinTelegraph is a leading cryptocurrency news platform renowned for real-time market insights, in-depth analysis, and global coverage of blockchain developments. At Voted.News, we convert CoinTelegraph’s comprehensive reporting into concise, easy-to-read digests, keeping you up to date on the latest trends, breakthroughs, and regulatory shifts in crypto. Experience the best of CoinTelegraph at Voted.News—where clarity meets reliability.
@GersteinHarrow LLP has filed a motion to claim $344M USDt in frozen cryptocurrency funds linked to Iran for unrelated judgments spanning decades. #Update #Legal $USDT
Senator Tim Scott’s CLARITY Act markup faced a partisan divide, with only two Democratic senators supporting it and no amendments adopted. #Update #Legal $BTC
Bitcoin’s (BTC) price rally to $82,000 has stalled amid resistance and declining ETF demand; analysts suggest a breakout requires flipping $82K-$84K into support and renewed institutional interest. #Update #Crypto $BTC
@HanaFinancial is acquiring a 6.55% stake in @Dunamu, operator of Upbit, for $668M, becoming its fourth-largest shareholder amid increasing interest from traditional finance in crypto. #Update #Crypto $USDT
@MicroStrategy’s STRC reached a record $1.5B in trading volume, potentially raising $735.4M for Bitcoin purchases. The company holds 818,869 $BTC valued at $66.5B. #Update #Crypto $BTC
@Gemini reported a 42% revenue increase to $50.3M in Q1 2026, driven by credit card services, despite a 27% drop in exchange revenue. Operating expenses rose 73% to $144.5M. #Update #Crypto $BTC
@StriveInc announces daily dividends starting June 16 at a 13% annual rate, funded by its Bitcoin treasury strategy, despite a $265.9M Q1 net loss. Shares rose 5.8%. #Update #Crypto $BTC
UK politician Nigel Farage bought a £1.4M house after receiving a £5M gift from crypto billionaire Christopher Harborne, now under parliamentary probe over potential reporting violations. #Update #Crypto $BTC
Bitcoin’s defense of $79,000 indicates that the discount on Coinbase is linked to stablecoin volatility, not a decline in institutional demand; a retest of $76K may be forthcoming. #Update #Crypto $BTC
Roni Cohen-Pavon, former chief revenue officer of @CelsiusNetwork, sentenced to time served and one year supervised release for fraud; Alex Mashinsky already serving 12 years. #Update #Legal $CEL
$BTC touched $80,000 as US stocks reached record highs, with traders predicting a potential rise to $85,000 if key support holds. #Update #Crypto $BTC
The US Senate Banking Committee will mark up the CLARITY Act on May 14, showing at least nominal bipartisan support for cryptocurrency regulation. #Update #Legal
Bitcoin ($BTC) attempts to reclaim $80,000 ahead of the CLARITY Act vote, with a 67% chance of it passing by 2026; key support at $78,000-$79,000 for bullish momentum. #Update #Crypto $BTC
A New York judge has postponed a decision on @Aave’s attempt to unfreeze $71 million in ETH linked to the Kelp DAO hack, requesting further information before a June hearing. #Update #Legal $ETH