Collapsed crypto firm Ziglu faces $2.7M deficit amid special administration

Ziglu, a collapsed UK crypto firm, faces a $2.7M deficit, leaving 4,000 customers at risk of losing investments due to mismanagement and frozen withdrawals amid special administration.
Merrill Lynch Financial Advisor Banned From Industry After Allegedly Draining $2,580,000 From Former NFL Player’s Account: Report – The Daily Hodl

Former Merrill Lynch advisor Isaiah Thomas Williams banned for allegedly stealing $2.58M from ex-NFL player Reshad Jones’ account, funding luxury expenses and laundering funds with an accomplice.
Trump Administration Slaps 30% Tariffs on EU and Mexico – Economics Bitcoin News

President Trump announced 30% tariffs on EU and Mexico, effective August 1st, potentially impacting major U.S. trade partners and global markets.
Tasmania Hit by Spate of Crypto ATM-Related Scams – Crypto News Bitcoin News

Tasmania residents lost $1.64 million in crypto ATM scams, with one victim losing $493,000. Scammers exploited the rapid expansion of cryptocurrency ATMs for fraudulent activities.
Bank of Ghana Orders Mandatory Registration for All Crypto Firms – Regulation Bitcoin News

Bank of Ghana mandates all crypto firms to register with the central bank, covering a wide range of virtual asset services to ensure compliance with new regulations.
Customers Could Be Crushed—Expert Flags Deep Risk for Linqto Investors – Legal Bitcoin News

Experts warn Linqto investors face significant risks as bankruptcy exposes legal failures, pooled assets, and potential unsecured creditor status in a stark industry wake-up call.
Indicted Crypto Founder Seeks Pardon From US President Trump | Bitcoinist.com

Bitzlato co-founder Anatoly Legkodymov seeks a pardon from President Trump to avoid extradition to France on charges of operating an unlicensed money-transmitting business.
Ripple National Trust Bank Targets Fed Access—Is RLUSD About to Go Full Scale? – Featured Bitcoin News

Ripple applies for a national trust bank charter to enhance stablecoin credibility and custody standards, marking a significant step in regulated crypto banking.
US Lawmakers Clash Over Crypto Bills That Could Blow Open Wall Street’s Back Door – Regulation Bitcoin News

US lawmakers debate crypto regulation bills, with Republicans pushing for deregulation and Democrats warning of risks to financial stability and national security.
Schiff says sell Bitcoin for silver as $258K target looms: Hodler’s Digest, July 6 – 12

Grayscale challenges SEC’s ETF delay, Binance linked to Trump-backed stablecoin, Peter Schiff advises selling Bitcoin for silver, and high-leverage trader James Wynn deactivates account after losses.