Category: Law of the Chain
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U.S. Treasury rules out Bitcoin purchases as BTC holds at $42,000
U.S. Treasury Secretary Bessent confirms no Bitcoin purchases, citing policy concerns. Bitcoin (BTC) trades at $42,000, Ethereum (ETH) at $2,200 amid market reactions.
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Fake law firms defraud crypto scam victims of $10 million, FBI reports
FBI reports fake law firms target crypto scam victims, with losses exceeding $10 million. Bitcoin and Ethereum mentioned in rising fraud cases.
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US Treasury stops $20 billion Bitcoin reserve sale affecting BTC and ETH
The US Treasury paused selling its $20 billion Bitcoin reserve, impacting markets. Bitcoin (BTC) and Ethereum (ETH) prices fluctuated amid the announcement.
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Justin Sun sues Bloomberg in Delaware court over $1.4 billion crypto holdings dispute
Justin Sun sues Bloomberg in Delaware court to prevent disclosure of crypto holdings, citing Billionaires Index inaccuracies. TRON founder disputes $1.4 billion valuation.
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Justin Sun sues Bloomberg for $100 million over 2023 defamation claims
Tron founder Justin Sun sues Bloomberg for defamation, seeking $100 million in damages. The case involves allegations of false reporting in 2023.
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Scott Bessent halts crypto reserve acquisitions amid 3% Bitcoin drop
Scott Bessent, Trump’s Treasury Secretary, stated no new crypto acquisitions for reserves. Bitcoin dropped 3%, Ethereum held steady at $1,800 amid policy shifts.
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Vietnam arrests 20 in $2 billion Paynet Coin Ponzi scheme affecting 32,000 investors
Vietnamese authorities arrested 20 individuals in a $2 billion Paynet Coin Ponzi scheme, involving 32,000 investors across Hanoi and Ho Chi Minh City.
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US banks forecast $6.6 trillion stablecoin shift under GENIUS Act by 2030
US banks predict a $6.6 trillion shift to stablecoins due to the GENIUS Act, involving entities like JPMorgan and Tether, by 2030.
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Scammers impersonate lawyers to defraud 2022 crypto victims in recovery schemes
Scammers impersonate lawyers to target 2022 crypto fraud victims, offering fake recovery services; Bitcoin and Ethereum mentioned in 30% of cases.
