Ethereum Foundation Backs Roman Storm With $500K Ahead of Trial – News Bytes Bitcoin News
The Ethereum Foundation donated $500K to Tornado Cash co-founder Roman Storm for his legal defense against money laundering and sanctions charges related to the privacy tool.
Crypto-Related Anti-Money Laundering Reports Rose by 8% in Germany Last Year: FIU – Decrypt
Germany’s FIU reported an 8.2% increase in crypto-related anti-money laundering cases in 2023, with Bitcoin being the most involved cryptocurrency. Financial institutions are key observers of crypto risks.
Ethereum Foundation Pledges $500K for Tornado Cash Founder’s Legal Defense – Coinspeaker
The Ethereum Foundation pledges $500K for Tornado Cash founder Roman Storm’s legal defense, matching community donations up to $750K. Storm faces charges including money laundering, with trial set for July 14.
Seven Solana ETF Filings Hit SEC — But Is Approval Still a Long Shot?
Seven issuers filed for Solana ETFs with the SEC, but analysts warn approval is uncertain due to regulatory hurdles and staking concerns, despite market optimism.
Donald Trump’s Total Income in Crypto Tops $57,000,000 – Coinspeaker
Donald Trump earned $57.4 million from cryptocurrencies in 2024, primarily through World Liberty Financial and NFT sales. His portfolio includes 15.75 billion governance tokens and significant memecoin earnings.
Trump’s SEC scraps Gensler-era crypto regulation by enforcement proposals
The SEC has withdrawn several crypto-related rules proposed under Gary Gensler, including Rule 3b-16 targeting DeFi and custody requirements. The move signals a shift away from enforcement-focused regulation.
Gotbit Ordered to Dissolve After DOJ Seizes $23M in Crypto – Legal Bitcoin News
The DOJ ordered Gotbit to dissolve after seizing $23M in crypto, exposing fake trading volume that misled investors and platforms in a major crackdown.
Russian authorities bust truck-based crypto mine draining village power
Russian authorities discovered an illegal crypto mining operation in a truck stealing village electricity. The setup included 95 mining rigs and caused power disruptions. This is the sixth such case in Buryatia this year.
Solana ETF filings now include staking – Approval odds soar to 91%
Solana ETF filings now include staking to address SEC concerns, with 91% approval odds in 2025. Major asset managers amended filings, but SEC shows no urgency. Market remains optimistic despite delays.
Trump’s Truth Social Gets SEC Greenlight for $2.3B Bitcoin Treasury Deal
The SEC approved Trump Media’s $2.3B Bitcoin treasury deal, registering 85M shares. TMTG has no immediate plans to issue new securities but aims to expand media, fintech, and Bitcoin holdings.
