Hayden Davis wants a New York lawsuit against him dismissed, arguing the LIBRA token was offered worldwide and didn’t specifically target the state or its residents.
Jesse Coghlan
Jesse Coghlan is a Sydney-based journalist and joined Cointelegraph’s Asia-Pacific newsdesk as its deputy editor in 2022. He mainly covers court cases and government policy from around the world that focuses on crypto and aims to translate the complex legal language into something more accessible. He previously co-hosted and produced a podcast covering crypto news and reported on crime and civil unrest with his early work as a freelance reporter. Jesse has no crypto holdings above Cointelegraph’s disclosure threshold of $1,000.
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LIBRA token creator fights class suit, citing lack of jurisdiction - News
Pump.fun buys Kolscan in first acquisition, eyes gamified trading Memecoin creation platform Pump.fun has made its first acquisition, buying the wallet-tracking project Kolscan ahead of its $1 billion ICO.
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Bitcoin Depot discloses data breach that doxed 27K customers Bitcoin Depot has disclosed that 27,000 of its customers data was breached, but said there was “no evidence of customer information being misused.”
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Binance founder’s family office backs BNB treasury firm eyeing IPO Binance founder Changpeng Zhao’s investment firm is backing the creation of a company that will buy and hold BNB with plans to go public in the US.
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Bots behind most tokens on Pump.fun and LetsBonk: Coinbase exec Bots are likely behind most of the memecoins launched on Pump.fun and LetsBonk, according to Coinbase's head of product, Conor Grogan.
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Coinbase crypto lobby urges Congress to back major crypto bill US House lawmakers have been urged by 65 crypto organizations to pass the CLARITY Act, which would hand most policing of crypto to the CFTC.
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UK sentences 2 men to prison over $2M cold-calling crypto scam Two men who admitted to running a crypto scheme that defrauded 65 investors have both been sentenced to over five years in prison.
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Trump says Musk ‘off the rails’ for forming political party to rival GOP US President Donald Trump has blasted Elon Musk’s plan to start a new political party that could splinter the Republican vote in the 2026 midterm elections.
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$20M crypto scam victim who sued Citibank says 2 more banks liable The victim of a $20 million crypto scam who sued Citibank last week for allegedly ignoring “red flags” has filed a similar complaint against two more banks.
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US Republicans declare ‘Crypto Week’ to mull 3 crypto bills US Republican leaders say the House will look to pass bills on stablecoins, crypto market structure and CBDCs in mid-July in what they’ve dubbed “Crypto Week.”
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TradFi body urges SEC reject special treatment for tokenized stocks A finance industry trade group says tokenized stock offerings shouldn’t get a Securities and Exchange Commission exemption but instead go through the “notice and comment process.”
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Ripple applies for US banking license, joining crypto rush for legitimacy Ripple has followed Circle in looking to be its own bank after Congress moved ahead with a bill to regulate stablecoin issuers under the national bank regulator.
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Trump’s Big Beautiful Bill in overtime as senators jam crypto clauses US senators are in a marathon vote-a-rama over amendments to Donald Trump’s massive tax and spending bill, with one lawmaker bidding to include tax cuts for crypto.
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TradFi could move onchain due to ‘horrible banking experiences’ Aave Labs founder Stani Kulechov says traditional finance has largely moved on from banks into fintech, and blockchain could be the sector’s next move.
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South Korea pauses CBDC tests as stablecoin fever hits banks The Bank of Korea reportedly suspended its central bank digital currency trials as participating banks are tempted by the government’s promise to allow stablecoins.
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Arbitrum jumps 17% on speculation of partnership with Robinhood Speculation has been growing of a potential tie-up between Arbitrum and Robinhood Markets after an X post.
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Citibank accused of ignoring signs of $20M crypto romance scam The victim of a $20 million crypto pig butchering scam has sued Citibank, alleging it ignored “red flags” and should have investigated suspicious activity.
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Invesco Galaxy files for Solana ETF, 9 issuers now in the race Invesco and Galaxy Digital have filed the initial documents to launch a spot Solana ETF, making the ninth similar entry to be put before US regulators.
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Who is Arthur Britto, the Ripple ‘ghost’ who just broke 14 years of silence? Arthur Britto, elusive co-creator of the XRP Ledger and co-founder of Ripple Labs, made the first-ever public post on his 14-year-old X account.
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Pompliano’s crypto firm raises $750M to go public via SPAC Crypto entrepreneur and podcaster Anthony Pompliano has raised $750 million to take his crypto company ProCap public by merging it with a blank-check firm.
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Musk wants Grok AI to ‘rewrite the entire corpus of human knowledge’ Elon Musk has said he’s unhappy with the data used to train his AI model, Grok, and now plans to Grok-ify the entire history of human knowledge.
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Saylor hints next Bitcoin buy as investor sues over Strategy’s Q1 loss Strategy chair Michael Saylor cryptically hinted at another Bitcoin buy as the company faces a lawsuit over its $5.9 billion loss on Bitcoin in Q1.
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Ohio House passes bill allowing up to $200 tax-free crypto payments Ohio’s House passed a bill to legally insulate various crypto activities, such as mining and staking, and exempt some transactions from capital gains tax.
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‘Crypto-native’ asset managers quadruple onchain holdings since January Crypto asset managers have grown their onchain allocations to $4 billion so far this year, as DeFi becomes the “‘invisible’ back-end” to fintechs, Artemis and Vaults report.
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Gemini accuses CFTC enforcers of ‘trophy-hunting lawfare’ in 2022 Gemini has accused the CFTC’s enforcement division of using a false whistleblower report to form its 2022 lawsuit against the crypto exchange.
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Pump.fun and its founder hit in X account suspension blitz X has suspended over 20 crypto-related accounts as of Monday, with the bans hitting Pump.fun and its co-founder, Alon Cohen.
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Bitcoin buying firms must weigh quitting as risks emerge: VanEck Bitcoin-buying public companies should be ready to cancel more buys if the value of their holdings eclipses their market cap, says VanEck crypto researcher Matthew Sigel.
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Strategy’s Michael Saylor to help Pakistan with crypto pivot Strategy chair Michael Saylor said during a meeting with the country’s finance and crypto ministers that he welcomed the opportunity to advise Pakistan on its crypto ambitions.
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US Bancorp studying stablecoins as crypto custody arm sees revival U.S. Bancorp CEO Gunjan Kedia says her bank is looking into stablecoins as its crypto custody business bounces back after struggling under Biden.
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Circle gains 10% on deals with Brazil’s Matera, Altman’s World USDC issuer Circle has put its stablecoin live on World Chain and has partnered with Matera to allow Brazilian banks to offer multicurrency payments.