Crypto News
Civil Rights Group Gives Elon Musk’s xAI 60 Days to Fix Alleged Clean Air Act Violations
The NAACP has threatened xAI with a lawsuit over unpermitted gas turbines at Memphis AI data center, citing pollution concerns.Source link
3 XRP ETFs Debut in Canada in a Single Day—Regulated Crypto Access Accelerates
XRP surges into the spotlight as Canada’s stock exchange TSX welcomes three groundbreaking ETFs in one day, unleashing massive institutional demand and reshaping the regulated digital asset investment landscape. Canada Lights up TSX With 3 XRP ETFs in One Day—Wall Street Left Frozen More companies are increasingly launching XRP exchange-traded funds (ETFs), reflecting surging institutionalSource link
Trump Pushes House to Pass GENIUS Act as Lawmakers Debate Crypto Oversight
The President has called on the House to approve the stablecoin bill, despite concerns over conflicts of interest and tech sector influence.Source link
Ripple and SEC Press Judge Torres to Approve Settlement Ending XRP Case
Ripple urges Judge Torres to approve its joint SEC motion, securing reduced penalties, preserving prior rulings, and accelerating long-awaited resolution that could redefine XRP’s regulatory landscape. Ripple and SEC Urge Judge Torres to Acknowledge Settlement and End XRP Case Ripple’s legal team formally petitioned Judge Analisa Torres of the Southern District of New York onSource link
DOJ Ties Kansas Bank Collapse to $225 Million ‘Pig Butchering’ Seizure
A Kansas banker who looted millions from his small-town bank in 2023, which triggered its collapse, lost much of the money to overseas crypto scammers targeted in a record-breaking DOJ bust, according to a complaint filed Wednesday.Prosecutors have filed a civil forfeiture action targeting over $225 million in laundered USDT, part of a butchering scam with ties to a Philippines call center that ensnared Shan Hanes, the disgraced former CEO who embezzled $47 million from Heartland Tri-State Bank, a theft which was directly attributed to the agricultural lender's demise in 2023.According to the Department of Justice complaint, OKX, a crypto exchange, provided key information that helped identify an intricate network of accounts on the exchange used to launder the crypto...