FTX Begins Second $5 Billion Distribution to Eligible Claim Holders
FTX has initiated its second $5 billion distribution to eligible claim holders under its Chapter 11 Plan, with payouts ranging from 54% to 120% based on claim class.
NYPD Officers On Modified Duty As Kidnapping Links Scrutinized
Two NYPD officers, including one assigned to Mayor Eric Adams’ security detail, are under investigation for potential links to a crypto-related kidnapping of an Italian national in Manhattan.
Santander’s Crypto Ambitions: Spain’s Top Bank To Roll Out Stablecoin | Bitcoinist.com
Santander, Spain’s largest bank, plans to launch stablecoins and crypto services via Openbank under EU’s MiCA regulation, following competitor BBVA’s crypto offerings in Europe.
JD.com Stablecoin Hits Phase 2 Hong Kong Sandbox Testing
JD.com’s stablecoin enters Phase 2 testing in Hong Kong’s sandbox. Pegged 1:1 to fiat currencies, it aims to enhance cross-border payments and retail transactions. CEO warns against unauthorized offers during testing.
Crypto Regulation Chaos: Trump, $2.5B Bitcoin, SEC Move
The article discusses recent U.S. crypto regulation developments, including Trump’s meme coin dinner controversy, SEC’s Binance reversal, and banking lobby pushback against cybersecurity rules.
US Authorities Sanction Philippines-Based Firm for Allegedly Providing Computer Infrastructure for Crypto Pig Butchering Scams – The Daily Hodl
The U.S. Treasury sanctions Philippines-based Funnull Technology Inc. for allegedly supporting crypto pig butchering scams by providing infrastructure to fraudulent websites, costing victims over $200 million.
WEMIX Court Ruling Spurs June 2 Delisting, Rebound Hopes
South Korean court rejects Wemade’s appeal, allowing WEMIX token delisting by June 2 due to transparency and security concerns after a February breach.
Bank of Italy Warns Crypto–Finance Link Risks Systemic Shock
The Bank of Italy warns of systemic risks from crypto-finance integration, urging coordinated regulation as crypto firms and traditional financial systems become increasingly intertwined.
Conor McGregor calls for Bitcoin strategy in Ireland – CoinJournal
Conor McGregor proposes a national Bitcoin reserve for Ireland to reduce corruption and boost sovereignty, inspired by El Salvador’s model. The idea sparks debate amid growing global interest in Bitcoin as a financial tool.
AI-powered OSINT tool profiles YouTube commenters, raising privacy concerns
An AI-powered OSINT tool profiles YouTube commenters by analyzing their activity, raising privacy concerns. It infers location and political leanings, potentially violating YouTube’s policies and data protection laws.
