Genesis has filed two lawsuits seeking to recover $3.3 billion from Digital Currency Group (DCG), its CEO Barry Silbert, and other insiders. The complaints allege fraud, mismanagement, and concealed fund transfers that enriched DCG at the expense of Genesis creditors. Court documents claim over $2.2 billion in crypto remains unpaid following Genesis’s 2023 bankruptcy and…

Telegram CEO Pavel Durov claims French intelligence pressured him to censor conservatives ahead of Romania’s election. He refused, accusing France of political manipulation and defending Telegram’s stance on free speech and anti-abuse efforts.

Binance has asked a U.S. court to send all members of a securities class action to arbitration, arguing users waived their right to sue under its terms of service. The exchange claims its 2019 terms included enforceable arbitration and class action waiver clauses. A judge previously rejected full arbitration but allowed claims after 2019 to…

Indonesia’s DigiAsia saw its stock jump 90% after announcing plans to raise $100 million and buy Bitcoin. The company also said it will put up to half of its future profits into BTC and explore ways to earn yield on it.

President Trump has signed the TAKE IT DOWN Act, criminalizing the publication of nonconsensual AI-generated explicit images. Backed by First Lady Melania Trump, the law mandates that websites remove such content within 48 hours. Offenders face fines or imprisonment. The bipartisan bill responds to growing misuse of deepfakes, including high-profile incidents like illicit Taylor Swift…

Moody’s has downgraded the U.S. government’s credit rating from Aaa to Aa1, pointing to rising debt and a lack of real plans to curb spending. The agency warned that deficits will likely grow over the next decade, even as revenues stay flat. While Moody’s still believes the U.S. economy is strong long-term, the downgrade highlights…

The developer behind Tornado Cash, Roman Storm, says U.S. prosecutors hid important evidence that could help his case. According to his lawyers, government documents from 2023 show that non-custodial crypto mixers like Tornado Cash aren’t legally considered money transmitters. Despite this, prosecutors still pushed ahead with charges. Storm’s team believes this information was kept from…

Australian police seized 25 bitcoins, a luxury car, and a mansion from a convicted hacker linked to U.S. and French cybercrimes. Authorities say the $2.88 million in assets were criminal proceeds and will be redirected to community and law enforcement programs.

Paraguay has deported three undocumented Chinese nationals caught attempting to steal crypto mining equipment near the Itaipu hydroelectric dam. A fourth suspect, a local resident, was arrested. Authorities believe the group had ties to the facility and continue investigating.