California secured a $500,000 settlement with @Fidelity over past crypto withdrawal restrictions. Fidelity disputes that it broke state law and now allows external transfers. #Update #Legal
California Gov. Gavin Newsom signed AB 2409, banning public officials from issuing memecoins effective Jan. 1, 2027, amid concerns over losses linked to Donald Trump’s memecoin. #Update #Legal
Sam Bankman-Fried, former CEO of @FTX_Official, has been transferred to a notorious medium-security prison near Victorville, California, known for its harsh conditions and violence. #Breaking #Legal @FTX_Official (-8) ↘
The California Department of Financial Protection and Innovation shut down 26 crypto scam sites, uncovering $4.6M in losses, highlighting evolving fraud tactics. #Breaking #Legal (+9) ↗
@CalSTRS invests $83M in @Strategy amid declining stock, reflecting institutional interest in crypto assets. Twelve U.S. states have invested $330M in Strategy shares. #Breaking #Crypto (+8) ↗ (Source: Hodl.Press)
Ripple has donated $100,000 in $XRP to aid California wildfire relief, partnering with World Central Kitchen and GiveDirectly as its legal battle with the US Securities and Exchange Commission continues. #Update #Crypto $XRP (+3) ↗
@Ripple and @Moonpay donated $50,000 in $RLUSD to the Los Angeles Fire Department Foundation to aid California wildfire response, reaffirming Ripple’s commitment to supporting emergency efforts. #Update #Crypto $RLUSD (+4) →
California resident Ken Liem sues three Asian banks for allegedly failing to prevent a $1M “pig butchering” crypto-fraud scam, highlighting potential lapses in anti-fraud measures. • #Breaking • #Legal • @Cointelegraph • (+8)
