[California Man Sentenced to 51 Months for $37 Million Crypto Fraud] The U.S. Department of Justice announced that a man from La Puente, California, was sentenced to 51 months in prison for his involvement in a $37 million crypto fraud and money laundering scheme, and he is required to pay $26.9 million in restitution. Along with his accomplices, he received funds through the Bahamian company Axis Digital, transferred them to a Deltec Bank account, converted them to USDT, and moved them to fraudulent wallets. This case is part of the Department of Justice's efforts to combat transnational crypto fraud.

[U.S. Office of the Comptroller of the Currency Takes Action to Eliminate "Debanking"] Odaily Planet Daily reports that the U.S. Office of the Comptroller of the Currency (OCC) announced on Monday that it will take measures to eliminate the so-called "debanking" phenomenon, responding to calls from industry groups and Republicans to end what is seen as an unfair practice. OCC head Jonathan Gould stated, "The OCC is taking steps to end the weaponization of the financial system," adding that the agency will work to eradicate illegal discrimination by banks against customers based on political or religious beliefs. (Bloomberg)

[Bitmine received 10,319 ETH worth $44.57 million from Galaxy Digital in the past 11 hours] Odaily Planet Daily reports, according to Onchain Lens monitoring, Bitmine has received a total of 10,319 ETH from Galaxy Digital over the past 11 hours, with a total value of $44.57 million. The most recent transaction involved 2,139 ETH, valued at $10.16 million.

[U.S. Congress Proposes Bill to Develop Bitcoin Strategic Reserve Custody Plan] The U.S. Congress recently introduced Bill H.R. 5166, requiring the Treasury Department to develop a custody and management plan for Bitcoin held by the federal government (including strategic reserves). The bill was submitted by Ohio Representative Joyce on September 5, 2025, and pertains to financial services and government appropriations for the 2026 fiscal year. This proposal marks a significant step by the U.S. government in the field of digital asset management and could have a profound impact on future Bitcoin policies and the market.

1. US Treasury Department sanctions Myanmar fraud center for involvement in virtual currency fraud 2. New York Fed data shows worsening job market weakness and declining consumer confidence 3. The US Senate will vote on the nomination of Federal Reserve Board members, which may affect policy direction 4. The expectation of the Federal Reserve's September interest rate cut raises concerns about market volatility 5. SwissBorg platform hacked, resulting in losses of over 41 million US dollars 6. Kazakhstan President proposes to establish a national digital asset fund 7. Solana project Aqua accused of Rug Pull, involving nearly $4.65 million in funding 8. Ledger CTO warns of JavaScript ecosystem security risks and recommends suspending on chain transactions The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/484980