Crypto Scheme Expands Post $10M Guilty Plea
Rathnakishore Giri sentenced to nine years for a $10M crypto fraud scheme in Ohio, involving Ponzi tactics. DOJ confirms continued misconduct post-guilty plea. #Breaking #Legal
Prediction Markets Banned: Trump Admin Sues
Minnesota bans prediction markets, prompting lawsuits from the CFTC and DOJ over federal jurisdiction infringement, escalating state-federal tensions. #Breaking #Legal
Bitcoin Gains Fed Payment Access Boost
President Trump’s executive order mandates federal regulators to review fintech and digital asset rules, potentially impacting charter approvals and Federal Reserve payment access.
Crypto Probe Uncovers 670 Suspects in Turkey
Turkish authorities detained 233 suspects in illegal betting probes, alleging $395M in transactions; cryptocurrency platforms named as laundering channels. #Breaking #Legal
Bitcoin Surges as Saylor Announces $2B Buy
@MicroStrategy has acquired 24,869 $BTC worth over $2 billion, as announced by Michael Saylor on May 18. #Breaking #Crypto $BTC
SEC Reverses Tokenized Stocks Decision
The SEC may allow third-party platforms to tokenize stocks without issuer consent, potentially unlocking a $30 billion market. #Breaking #Legal
Bitcoin Faces $1B Lawsuit Over Transfers
@PrimeTrust’s post-bankruptcy trust has sued @SwanBitcoin for allegedly transferring nearly $1 billion in assets using insider knowledge just before its collapse. #Breaking #Legal $BTC
eBTC Exploit Hits Echo Protocol for $76M
@EchoProtocol suffered a $76 million exploit as 1,000 unauthorized eBTC were minted on the Monad blockchain. #Breaking #Crypto $BTC (-8) ↘
Bitcoin Ponzi Scheme Ohio Man Gets 9 Years
Ohio’s Rathnakishore Giri sentenced to nine years for a $10M Bitcoin Ponzi scheme, continuing fraud post-guilty plea. Cryptocurrency-related crimes rose to $11B in 2025. Legal
Polymarket Users Win $2.4M Iran Bets
A cluster of nine linked Polymarket accounts made $2.4M from bets on U.S. military actions in Iran, raising insider trading suspicions. Funds were off-ramped to Bybit and other exchanges. #Breaking #Legal
Bitcoin Treasury Strategy: Capital B Buys 192 BTC
Capital B (@TheBlockchainGroup) acquired 192 $BTC for $15M, increasing holdings to 3,135 BTC. Adam Back supported their $20M raise, highlighting growing BTC treasury adoption. #Breaking #Crypto $BTC
eBTC Exploit Results in $77M Loss
Echo Protocol’s eBTC exploited for $77M due to an admin key compromise; the hacker has laundered nearly 5% through Tornado Cash and holds 955 eBTC. #Breaking #Crypto $ETH
Bitcoin Faces $1B Lawsuit Over Collapse
Swan Bitcoin is sued for nearly $1 billion by PCT Litigation Trust, alleging insider trading to avoid losses from Prime Trust’s 2023 collapse, involving 11,992 $BTC. #Breaking #Legal
Ethereum Wallet Stacks $90.87M in HYPE
An a16z-linked wallet acquired 2.11M $HYPE for $90.87M, signaling institutional confidence. @21shares launched THYP ETF on Nasdaq. #Breaking #Crypto $HYPE