Arizona revives Bitcoin reserve bill and passes it in Senate
Arizona Senate passed HB2324 to create a state-managed Bitcoin and Digital Assets Reserve Fund for seized assets, allowing storage, sale, or retention with updated custodial standards.
Binance’s CZ Calls for ‘Will Function’ on Every Crypto Platform – Exchanges Bitcoin News
Binance’s CZ advocates for crypto platforms to implement ‘will functions’ to secure digital assets and ensure proper inheritance planning amid growing global crypto wealth.
Tether Assists DOJ in $225M Stablecoin Seizure Linked to ‘Pig Butchering’ Scam
Tether assisted the DOJ in seizing $225M USDT linked to a ‘pig butchering’ scam, showcasing its role in combating crypto fraud. The company has frozen $2.7B in illicit funds and supports regulatory compliance.
Ripple v SEC Ruling Over XRP May Drop Faster Than Expected, Lawyer Says – Legal Bitcoin News
A lawyer suggests the Ripple v SEC ruling on XRP may come sooner than expected, potentially accelerating settlement and impacting crypto regulation significantly.
Brothers-in-Law Steal $794,000 From Elderly Victims After Porting Phone Numbers To Override Mobile 2FA: DOJ – The Daily Hodl
Two California men face up to 30 years for stealing $794,000 from elderly victims by porting phone numbers to bypass 2FA and drain bank accounts, per DOJ indictment.
Polymarket gives US stablecoin bill 89% chance of becoming law
Polymarket users bet 89% odds on the GENIUS Act stablecoin bill passing Congress and being signed by Trump by 2026 after Senate approval, though House amendments remain uncertain.
US DOJ Files Civil Forfeiture Complaint Against $225,300,000 in Digital Assets Allegedly Obtained Through Crypto Confidence Scam – The Daily Hodl
The US DOJ filed a civil forfeiture complaint against $225M in crypto linked to a pig butchering scam affecting 400+ victims. Funds were laundered across wallets and blockchains to hide origins.
Telegram Boss Pavel Durov Temporarily Permitted to Leave France: Report – Decrypt
Telegram CEO Pavel Durov, arrested in France for alleged illegal content sharing on the app, has been granted temporary permission to travel to Dubai for two weeks.
Trump Slashes Crypto Stake as Pressure Mounts: Quietly Unwinds 20% Holding in World Liberty Financial – Brave New Coin
Trump’s crypto vehicle DT Marks DeFi LLC has quietly reduced its stake in World Liberty Financial by 20%, amid growing regulatory scrutiny and political conflicts of interest.
‘Pump-and-Dump’ Alert: Nigeria Cracks Down on Meme Coins – Africa Bitcoin News
Nigeria’s SEC warns against unauthorized meme coins Zugacoin and Samzuga GPT, citing potential pump-and-dump schemes in the crypto market.
