South Korean prosecutors charge five in CatFi case under new virtual asset law
Authorities call it the first rugpull prosecution under the Virtual Asset User Protection Act and the first DEX-executed crypto crime case.
Authorities call it the first rugpull prosecution under the Virtual Asset User Protection Act and the first DEX-executed crypto crime case.
The leading theory points to Google “site reputation abuse” enforcement tied to an iGaming directory, but no manual action is confirmed.
The ETH-treasury stock holds 872,984 ETH worth about $1.8B and has not reported purchases since October.
The designation cites suspected Russia-linked facilitation via A7 LLC and Garantex, while HTX says it adheres to UK rules.
Regulators expect the proceedings to resolve in three to four months, keeping access restricted in the interim.
The Base, Balanced, and Opportunistic funds are designed to be accessed from the same self-custodial trading balance.
The dip buys came as US spot Bitcoin ETFs saw $1.54B of net outflows over six sessions, per Farside data.
US-listed spot Bitcoin ETFs accounted for $1.26B of the $1.43B US outflow, while XRP and Solana ETPs still took in cash.
A May 20 amended paper outlines three system-level controls as Bankr disabled transactions after 14+ wallets were accessed.
Traders pointed to $19B+ Intents volume, ~$32M fees, and European ETP inflows as the rally extended.
The outflow hit as XRP stayed boxed between $1.30 support and $1.50 resistance with volatility near mid-2024 lows.
XRP and SOL ETFs also took in fresh money as HYPE rallied and Hyperliquid posted $13.2M in weekly fees.
SpaceX described a roughly two-year profile beyond the Moon, past Mars, and back to Earth, with a separate lunar flight planned first.
He cited the foundation’s neutrality mandate and said EF holds about 0.16% of total ETH supply.
The deal still needs a US judge’s approval as the FTX Recovery Trust prepares a May 29 reimbursement tranche.
A survey of 1,244 crypto holders found 88% would consider borrowing, but only 14% currently do.
ETH’s rising-wedge setup maps a $1,600 downside target by July or August, versus $2,530 near the 200-day EMA on a rebound.
The report also claims the agency dropped at least five crypto probes and cut enforcement actions to two under Trump.
The X thread lands as EF’s BitMine OTC deals total about $47M and ETH trades near $2,117, far below its 2025 high.
FedWatch shows nearly 68% odds of a 25 bps+ hike by December 2026 even as a Bitcoin investor argues the next move is lower.