Crypto Treasury Firms Go on $8B Buying Spree in Historic Week

Justin Sun has accused First Digital Trust (FDT) of stealing $456 million from client funds, claiming the money was moved to a Dubai company without consent or collateral. FDT denies the allegations, calling them malicious, while Sun calls for urgent regulatory action in Hong Kong to address the situation.
Justin Sun, the dynamic founder of TRON, just landed on the cover of Forbes, but that might not be a good thing..
Justin Sun, the founder of TRON, has ignited discussions within the cryptocurrency community by proposing a reduction in TRX block rewards
The SEC, Tron Foundation, and Justin Sun have asked a federal court to pause the 2023 lawsuit to explore a resolution. The case involves allegations of unregistered TRX and BTT sales, market manipulation, and undisclosed celebrity endorsements.
Justin Sun, founder of the TRON blockchain, has increased his stake in World Liberty Financial to a total of $75 million by committing an additional $45 million into the project. Sun made the announcement on his X on Sunday, making him to the primary stakeholder of the cryptocurrency project associated with U.S President Donald Trump.
In a recent post on the X platform, Ethereum co-founder Vitalik Buterin praised the Celo blockchain for hitting a fresh milestone for stablecoin use on the platform.
A trader turned $1,200 into $10 million with Tron Bull (BULL) in three days, but the value soon fell by 60%, leaving them with $4.3 million. This dramatic rise and fall highlight the volatile nature of meme coins, as Tron-based tokens like BULL, SUNDOG, and SUNCAT show fluctuating prices and declining values.
Telegram founder Pavel Durov was arrested in France, exposing various legal problems existing in the Telegram platform. Binance’s listing of TON means that it has once again brought new legal risks to itself. Justin Sun and Binance’s first sister He Yi needs to find a new way out under the severe regulatory environment.
TRON DAO Reserve has moved support for USDD from Bitcoin to TRX with the transfer of 12,000 Bitcoin, raising questions about the stability of the stablecoin amid reliance on more volatile assets.
Tron Foundation challenges SEC lawsuit over jurisdictional reach, arguing against the application of U.S. regulations to offshore transactions. Meanwhile, competitors like Solana and BNB Chain are rapidly closing the TVL gap, posing formidable challenges. This legal battle highlights the intricate jurisdictional issues in the global crypto market, with implications for regulatory oversight and international transactions.
Binance sued for allegedly aiding Hamas, enabling terrorism financing. Families seek damages, raising concerns about crypto exchanges' compliance and potential regulatory impact.
Tron, a fast-growing cryptocurrency network, has overtaken Bitcoin as a platform for crypto transfers associated with groups designated as terror organisations by Israel, the United States, and other countries.
US Lawmakers pressure the White House on cracking down the use of crypto for illicit purposes after Hamas attack.
Hamas' utilisation of cryptocurrency for fundraising: unraveling complex terror financing networks
It is undeniable that a substantial sum of crypto went into the funding of the Israel-Hamas war but what about the all-too-obvious Islamic Coin that raises more red than green flags?
Hamas has escalated the conflict with conventional war- but where are they getting their money from?
An examination of Israeli government seizure orders and reports from blockchain analytics has unveiled that Hamas has received substantial sums of digital currency leading up to the attack.
Crypto exchange Binance's proactive stance in freezing Hamas-linked accounts amidst the Israel conflict underscores the growing role of cryptocurrencies in geopolitical events and financial security.
The CFTC alleged that Binance executives have engaged in wrongdoing.