NAYG lawsuit against Galaxy was ‘lawfare, pure and simple’ — Scaramucci


The New York State Attorney General’s (NAYG) recent legal action against Galaxy Digital over its promotional ties to the now-collapsed cryptocurrency Terra (LUNA) was unfair and an abuse of the legal system, says SkyBridge Capital and founder Anthony Scaramucci.“It’s LAWFARE, pure...

NAYG lawsuit against Galaxy was ‘lawfare, pure and simple’ — Scaramucci


The New York State Attorney General’s (NAYG) recent legal action against Galaxy Digital over its promotional ties to the now-collapsed cryptocurrency Terra (LUNA) was unfair and an abuse of the legal system, says SkyBridge Capital and founder Anthony Scaramucci.“It’s LAWFARE, pure...

Deutsche Bank Warns of Significant De-Dollarization Risks Among US Allies


Deutsche Bank has issued a warning regarding the potential risks to the U.S. dollar’s status as a global reserve currency, citing concerns over the reliability of the Federal Reserve’s liquidity backstop, particularly its dollar swap lines. In light of informal discussions among...

Greedy L2s are the reason ETH is a ‘completely dead’ investment: VC


Ether's (ETH) declining appeal as an investment comes from layer-2s draining value from the main network and a lack of community pushback on excessive token creation, a crypto venture capitalist says.“The #1 cause of this is greedy Eth L2s siphoning value from the L1 and the social consensus...

First Tokenized Warehouse Complex Built in El Salvador


The warehouse, whose construction was financed in part with tokenized sales, marks one of the first times that this financing scheme has been used successfully in El Salvador. The Digital Assets Law allows for this kind of financing model, allowing companies to take advantage of the opportunities...

DOJ Seeks Forfeiture of $23 Million in Crypto After Gotbit Guilty Plea


Fake trading bots, manipulated token prices, and $23 million in seized crypto underscore a sweeping DOJ crackdown on fraud and deceptive digital market practices. DOJ Targets Gotbit in $23M Crypto Market Manipulation Crackdown The U.S. Department of Justice (DOJ) disclosed on March 27 that it...

Coinbase Brings Back Staking After State Scraps Legal Blockade


Coinbase reactivates staking in South Carolina after the state drops its case, marking another major win as regulatory barriers to crypto innovation continue to collapse. Coinbase Resumes Staking in Another State as Legal Resistance Cracks The Securities Division of South Carolina’s Attorney...

Elon Musk’s sale of X to xAI just made fraud lawsuit a ‘lot spicer’


Billionaire investor Elon Musk has sold his social media platform X to his AI startup xAI in an all-stock deal, sparking controversy as it coincides with a US judge rejecting his bid to dismiss a lawsuit tied to the social media platform.The transfer of ownership of X to xAI on March 28 means that...

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