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As Celsius victims detail their devastation even under the weak crypto regulations of the past, the Trump administration continues to dismantle those same rules while he pumps his personal memecoin with promises of private access
Someone just spent $8 million on $TRUMP memecoins after the president announced that the top holders would be invited to join him at a private dinner at his DC golf club.
The purchases were funded by a Binance account, suggesting the wallet owner is not based in the US.
FBI: Americans aged 60 and older reported losing almost $3 billion to crypto fraud last year. In total, Americans reported being scammed out of around $9.3 billion via crypto, out of a total $16.6 billion in total reported losses that year.
The 60+ category reported $4.885 billion in total Internet crime-related losses to the FBI, and $2.839 billion of them involved crypto (58%).
Yuga Labs is looking to obtain a court order to seize possession of four crypto wallets from Jeremy Cahen, co-defendant in the Yuga v. Ryder Ripps case where Yuga won a nearly $9 million judgment.
Yuga has previously tried to collect the judgment via levies on Cahen’s various banks, as well as Robinhood, Gemini, Crypto.com, Coinbase, and Binance.
Read · Apr 19, 2025
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Inside the Trump family’s sprawling crypto empire — from memecoins to mining — and how Trump is using presidential power to dismantle the regulators who could stop it
Zero Edge crypto casino founder Richard Kim has been charged with wire fraud and securities fraud after soliciting investments for his crypto casino and then gambling them away. He was arrested and released on bond.
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Trump continues to dismantle crypto enforcement while expanding his personal crypto empire
Crypto lobby: “Sure, Trump nixed the Crypto Enforcement Team, directed Major Fraud prosecutors to stop prosecuting crypto cases, and is trying to exempt crypto platforms from the BSA, but they wrote right here that they care about stopping crypto crime!”
Trump has directed the Department of Justice to stop pursuing crypto fraud, dismantling the National Cryptocurrency Enforcement Team and ordering the Market Integrity and Major Frauds Unit to cease cryptocurrency enforcement.
(Memo, archive link)
