SEC removes Ripple related civil lawsuit from its website, case transferred to appellate court

Odaily Planet Daily News: Polymarket's bettors are skeptical about the possibility of the United States creating strategic Bitcoin (BTC) reserves within the first 100 days of the Trump administration, with a probability of only 16%. Although encryption czar David Sacks claimed to be exploring the matter, the related bill submitted by Republican Senator Cynthia Lummis of Wyoming is unrelated to the White House action. In addition, Texas is also advancing its strategic BTC reserve plan, and bettors believe that there is a 53% chance that the state will pass relevant laws by 2025. （CoinDesk）

AICoin monitoring, Mt Gox address transferred a total of 3 BTC worth approximately $332000 to 1M5... nFx, bc1... 68h 2 minutes ago, and the price may have dropped

According to Onchain Lens data, 10 days ago, a giant whale spent 24171 SOLs (approximately $6.1 million) to purchase 842299 MELANIA tokens. However, the current price of MELANIA has fallen by about 84% from its historical high, and the giant whale is facing a floating loss of about 4.19 million US dollars.

Spanish authorities are crediting the T3 Financial Crime Unit, a consortium made up of Tron, Tether, and TRM Labs, for helping take down a multinational European financial crime syndicate.According to Spain's Guardia Civil, the crime syndicate operated across multiple European jurisdictions, providing cash-to-crypto laundering services for criminal enterprises. T3 said it seized $26.4 million, calling it the most significant coordinated freeze it has been involved with since its launch last year. So far, the group says it has frozen $126 million."Public-private partnerships are particularly effective in cryptocurrency investigations because they leverage our distinct but complementary strengths," Chris Janczewski, head of investigations at TRM Labs said in an email to CoinDesk."Law enforcement brings their traditional expertise to the investigation while the private sector is able to contribute technical capabilities which are necessary to a crypto investigation," he continued.Spanish authorities identified the organization through police surveillance, and were assisted by several investigative measures and Virtual Asset Service Provider (VASP) Know Your Customer (KYC) records, the release from T3 said."We have a team that can speak both 'crypto' and 'cop,’ including former law enforcement officials with extensive experience from several agencies," added Janczewski. "That has allowed us to strengthen on-the-ground police work by agencies like Guardia Civil so that they can connect on-chain activity with the tangible word."In a release, Paolo Ardoino, CEO of Tether, added that Tether has collaborated with more than 220 law enforcement agencies across more than 51 jurisdictions to freeze more than 2,400 addresses, amounting to nearly 2.2 billion USDT.A release from Europol noted that the organized crime syndicate was "composed of mostly Ukrainian but also Armenian, Azerbaijani, or Kazakh nationals."

Odaily Planet Daily News: Samara Cohen, the head of BlackRock ETF, stated in a recent interview with Bankless that the current Bitcoin ETF, Ethereum ETF, and others are "simulated versions" of encrypted assets, which is equivalent to forcibly embedding encryption technology into traditional financial frameworks. In the future, the business of traditional financial institutions (such as BlackRock and Nasdaq) may be transferred to blockchain, and specialized financial institution blockchain may emerge. In addition, Samara Cohen also pointed out that many people believe that Ethereum ETFs are not as successful as Bitcoin ETFs, but from the professional standards of the ETF industry, the launch of Ethereum ETFs is actually quite successful. She stressed that the primary criterion for judging the success of an ETF is whether it can achieve the expected goals. BlackRock's current digital asset strategy focuses on the operation and development of Bitcoin and Ethereum ETFs, token projects (especially the token of treasury bond funds), and stable currency related businesses. In the future, new product development will continue to be customer demand oriented.