Category: Law of the Chain
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Jerome Powell Criminally Referred To DOJ Amid Push For Fed Rate Cut
Fed Chair Jerome Powell faces a criminal referral to the DOJ over alleged perjury regarding Fed building renovations, amid Trump’s push for rate cuts and ongoing criticism.
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UK Chancellor Mulls Selling $7.2B Bitcoin Stash to Plug Gap in National Finances – Decrypt
UK Chancellor Rachel Reeves considers selling $7.2B in confiscated Bitcoin to address national budget deficits, despite industry warnings it could harm crypto sector growth.
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Polymarket Strikes $112 Million Deal to Return to the United States – “The Defiant”
Polymarket acquires CFTC-compliant QCX for $112M, enabling its return to the U.S. market. The deal follows regulatory clearance and dropped investigations, with plans for a new reward system and $1B+ fundraising.
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Fashion-Tech CEO Allegedly Defrauded $300,000,000 From Investors Through Fabricated Documents and False Claims: DOJ – The Daily Hodl
Fashion-tech CEO Christine Hunsicker allegedly defrauded investors of $300M using fake documents and false claims about her company’s financial health, facing multiple charges from the DOJ.
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Polymarket to Re-Enter US Market After Acquiring Regulated Exchange QCX – News Bytes Bitcoin News
Polymarket is re-entering the U.S. market after regulators closed investigations and it acquired QCX, a regulated derivatives exchange, enabling compliance.
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Best Wallet Preps Users for Stablecoin Era After $14M Raise
Best Wallet raises $14M in presale funding, positioning itself as a leading Web3 wallet for the new stablecoin era following the GENIUS Act’s regulatory framework for dollar-backed stablecoins.
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Polymarket plans to return to US market after DOJ ends investigation
Polymarket plans to return to US operations after DOJ ends investigation, acquiring QCEX for regulatory compliance and partnering with Elon Musk’s X as its prediction market provider.
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Breaking: Polymarket Reenters US Market With Exchange Acquisition As Probe Ends
Polymarket is reentering the US market by acquiring QCX, a derivatives exchange, after regulatory probes ended. The deal, worth $112 million, aims to facilitate its return after nearly three years.
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US White House To Release First Crypto Policy Report Tomorrow — What To Expect | Bitcoinist.com
The U.S. White House will release its first crypto policy report on July 22, detailing recommendations for a Strategic Bitcoin Reserve and legislative steps for digital asset regulation.
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CoinDCX offers $11 million bounty after Lazarus Group-linked $44 million heist
CoinDCX suffered a $44M hack linked to North Korea’s Lazarus Group. The attackers used cross-chain bridges and Tornado Cash. CoinDCX offers an $11M bounty for recovery and catching the hackers.