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SEC has no authority over crypto, argues defendants in $18M fraud lawsuit

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Two individuals sued by the SEC for allegedly running a fake crypto mining scheme are seeking the suit’s dismissal, arguing the regulator has no authority over crypto.

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Coin Market

99.6% of Pump.fun traders haven't locked in over $10K in profits: Data

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While Dune data suggests most Pump.fun traders haven’t realized over $10,000 in profit yet; an onchain analyst argues it doesn’t fully capture what’s happening.

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Coin Market

Wolf Capital co-founder pleads guilty to $9.4M Ponzi, promised 547% returns

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According to the US Department of Justice, Wolf Capital’s co-founder has pleaded guilty to wire fraud conspiracy for luring 2,800 crypto investors into a Ponzi scheme.

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Coin Market

US Bitcoin reserve would have ‘profound’ impact on adoption: CoinShares

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The Bitcoin Act’s passage could eventually send BTC’s price past $1 million per coin, industry executives say.

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