Tether faces $344M seizure demand
Victims pursuing long-unpaid US terrorism judgments against Iran asked a Manhattan federal judge to order Tether to transfer more than $344 million in frozen USDT linked to Iran’s Islamic Revolutionary Guard Corps.
Victims pursuing long-unpaid US terrorism judgments against Iran asked a Manhattan federal judge to order Tether to transfer more than $344 million in frozen USDT linked to Iran’s Islamic Revolutionary Guard Corps.
Large holders of Cardano have increased their control of the token’s supply to the highest level in nearly five years, according to blockchain analytics platform Santiment.
Australia’s proposed changes to capital gains tax could reduce incentives for long-term cryptocurrency investing and increase tax burdens for many retail traders, according to several industry executives.
Kraken said it has switched its cross-chain infrastructure provider from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol to secure Kraken Wrapped Bitcoin and future wrapped token products.
Mexican business conglomerate Grupo Salinas partnered with Anchorage Digital to launch stablecoin-based cross-border payment services for crypto platform Coinpro.
The US Commodity Futures Trading Commission issued no-action relief for fully collateralised event contracts, easing certain swap reporting and recordkeeping requirements for prediction market operators and clearing organisations.
A group of 20 FTX victims from five countries has filed a $525 million lawsuit against Fenwick & West, alleging the Silicon Valley firm helped facilitate and conceal fraud tied to the collapse of crypto exchange FTX.
Gemini reported a 42% year-over-year increase in first-quarter revenue to $50.3 million as the company accelerated its shift from a crypto exchange into a broader financial services platform.
US President Donald Trump and his family disclosed multiple purchases of crypto-related equities including Coinbase, Strategy and MARA Holdings during the first quarter, according to a filing with the Office of Government Ethics.
South Korean internet giant Kakao will sell a 6.55% stake in crypto exchange operator Dunamu to Hana Bank in a deal valued at 1 trillion won ($670 million).
Euro-denominated stablecoin issuers are reporting increased demand from institutions and entrepreneurs following the rollout of the European Union’s Markets in Crypto-Assets regulation, known as MiCA.
T3 Financial Crime Unit said it has helped freeze more than $450 million in cryptocurrency assets tied to suspected criminal activity since launching in 2024.