Coinbase

Coinbase

Interpol target ‘Madam Ngo’ arrested over $300M crypto scam

Ngo Thi Theu was part of a 1,000-strong organization that promised 20-30% returns but prevented victims from withdrawing any earnings. Source link

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Tornado Cash founder Roman Storm is running out of money for legal fees

Tornado Cash co-founder Roman Storm is asking for another $2M after already spending millions over the past two years. Source link

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Bitcoin treasuries get new valuation metric — MmC

Public companies holding BTC are employing a new magical valuation metric called “MmC,” or “mNAV months to cover.” Source link

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Ripple’s Chris Larsen to fund police surveillance, drones in San Francisco

As part of the $9.4M gift, Ripple Labs will sublet a lavish office to the San Francisco Police Department’s drone surveillance unit for free. Source link

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Ledger exec’s alleged kidnap mastermind arrested in Morocco

The 24-year-old allegedly organized the kidnapping and mutilation of David Balland, the co-founder of crypto wallet firm Ledger. Source link

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ANALYSIS: Does the Circle IPO value Tether at $316B?

Circle’s upcoming IPO will provide a unique opportunity to value the world’s largest stablecoin issuer, Tether. Source link

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No, California didn’t pass a law to seize your idle bitcoin

Misinformation about a California State Assembly vote affecting digital assets like BTC spread across social media this week. Source link

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Bitcoiners are loving Elon Musk’s debt fallout with Trump

Bitcoin maxis think Elon Musk is “orange-pilling himself” after he attacked Donald Trump’s new bill that would raise the US debt by trillions. Source link

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HTX withdraws $570M from Aave, briefly spikes lending rates

Justin Sun-advised HTX withdrew $570M from Aave, briefly spiking borrowing and lending yields, before depositing $600M back into the protocol. Source link

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Mallers says no bitcoin rehypothecation at Strike — but what about re-pledging?

Customers concerned about Strike rehypothecating the BTC backing their loans have received a response from Jack Mallers. Source link

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