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SEC Abruptly Ends Binance Lawsuit After Two Years of Legal Pressure

On May 29, 2025, the SEC Binance lawsuit came to an official end after a joint motion was filed by the U.S. Securities and...

Manhattan Court Freezes $57M USDC in Explosive LIBRA Memecoin Scandal

A Manhattan federal court froze $57.65 million in USDC on May 28, citing alleged ties to the LIBRA memecoin scandal. The freeze followed a...

Labor Department Removes Crypto Restriction in 401(k) Plans After Biden-Era Reversal

The US Labor Department on May 28, 2025, officially rescinded its 2022 guidance that discouraged the use of cryptocurrency in 401(k) plans. The move...

NYC Crypto Kidnapping: Third Suspect Arrested in Torture Case

William Duplessie, 33, surrendered to New York Police on May 27. He is the third person arrested in the ongoing NYC crypto kidnapping and...

Trump Endorses U.S. Plan to Buy 1 Million Bitcoin, Says Senator Lummis

President Donald Trump backs a plan to accumulate 1 million Bitcoin over five years through the BITCOIN Act. Senator Cynthia Lummis announced this during...

Swiss Crypto Trader to Surrender in NYC Crypto Kidnapping and Torture Case

A second suspect in the NYC crypto kidnapping case is expected to surrender to police. Multiple reports confirm that the individual is a Swiss...

Inferno Drainer Uses EIP-7702 to Drain $150K in Ethereum Phishing Attack

Inferno Drainer exploited Ethereum’s EIP-7702 to steal $150,000 from a single wallet. The case was flagged by Scam Sniffer on May 24, 2025. EIP-7702, introduced...

Coinbase Hit With Lawsuit Over $400M Data Breach and UK Regulator Violation

Coinbase is facing a new class action lawsuit from investor Brady Nessler, filed on May 22, 2025, in a Pennsylvania federal court. The lawsuit...

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