Another suspect to surrender in NYC crypto torture case: Reports

A second suspect in a NYC crypto kidnapping case is expected to surrender. The Swiss investor allegedly aided in torturing a victim to extract his crypto wallet phrase. The main suspect remains detained.
Double Trouble: Crypto Investor Loses $2.5M by Copying Same Scam Address Twice

A crypto investor lost $2.5 million by mistakenly sending funds to a scam address twice due to transaction history poisoning, highlighting ongoing phishing risks in the crypto space.
Coinbase Faces New Lawsuit Following $400M Data Breach

Coinbase faces a class action lawsuit over alleged omissions and a $400M data breach, causing investor losses and stock price declines. The suit cites UK regulatory breaches and misleading statements.
Mango Markets Attacker Has Conviction Overturned—Why? – Decrypt

A judge overturned Avraham Eisenberg’s conviction for exploiting Mango Markets, a Solana-based DEX, citing vague platform rules and lack of evidence supporting fraud charges.
SEC Crypto Task Force discusses securities tokenization with Nasdaq, DeFi startups

The SEC’s Crypto Task Force met with Nasdaq and DeFi startups to discuss tokenized securities, regulatory sandboxes, and blockchain-based market infrastructure, aiming to balance innovation with investor protection.
U.S House speaker downplays ‘conflict of interest’ from Trump’s crypto dinner

U.S. House Speaker Mike Johnson dismissed concerns over Trump’s crypto dinner, praising his support for the sector. Democrats allege corruption, citing Trump’s memecoin ties and stalled stablecoin bill.
Costa Rica’s National Bank Bitcoin ETF Attracts Over 250 Investors in First Months News ETHNews

Costa Rica’s National Bank Bitcoin ETF attracted 254 investors with $631,000 invested, offering 12.46% returns. The ETF simplifies Bitcoin exposure without direct ownership amid growing crypto interest and regulatory debates.
Crypto industry urges SEC to clarify staking stance

Crypto industry groups are pressing the SEC for clear staking regulations, citing uncertainty for Web3 providers. The SEC has engaged more but lacks formal guidance, delaying staking ETFs and compliant services.
Cambodia’s Officials Tied to $19B Crypto Scam Network Fueled by Forced Labor, Report Finds

A report links Cambodian officials to a $19B crypto scam network using forced labor, with Huione Group at its core. The operation spans rural areas and involves stablecoins for illicit transactions.
Coinbase Faces Investor Lawsuit Over Alleged Damages From Data Breach – Decrypt

Coinbase faces an investor lawsuit alleging financial losses due to delayed disclosure of a data breach and misleading statements. The stock dropped 7% post-revelation but has since recovered slightly.