The brothers invested an undisclosed amount in American Bitcoin, the mining company co-founded by two of Trump’s sons and others.
Turner Wright
Turner Wright is a senior policy reporter at Cointelegraph, focusing on US laws and regulations related to digital assets. He writes features and news stories for the website and Cointelegraph Magazine, and is sometimes featured in one of the publication’s podcast series. He holds a bachelor’s degree in aerospace engineering from the University of Texas at Austin and started as a freelance journalist covering issues in Japan and around the world, joining the Cointelegraph team in 2020. Turner has no crypto holdings above Cointelegraph’s disclosure threshold of $1,000.
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Winklevoss twins expand Trump family ties with Bitcoin mining deal - News
Trump picks top economic adviser to temporarily fill crucial US Fed seat Federal Reserve Board of Governors member Adriana Kugler announced her resignation on Aug. 1, paving the way for a Trump nominee at the US central bank.
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Tornado Cash co-founder found guilty on 1 of 3 charges after jury deadlock With a sentencing hearing scheduled in a matter of weeks, Roman Storm is potentially looking at five years in jail for running an unlicensed money transmitting service.
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US Senate bill seeks to include crypto in mortgage approval process If passed, the legislation could give more weight to a US housing regulatory agency’s June order to consider certain digital assets for mortgage loan risk assessments.
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‘A joke in poor taste’: Tornado Cash T-shirt stirs controversy in court Both prosecutors and defense attorneys have made statements in court about a T-shirt Roman Storm wore at a 2019 Ethereum conference in Boston.
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White House steps in to delay CFTC chair vote A vote on prospective CFTC Chair Brian Quintenz was taken off the Senate Agriculture Committee’s agenda on Monday as the chamber heads into recess.
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Anti-CBDC bill could curb Fed’s power over digital dollar, sponsor says The US House of Representatives will be in recess for the month of August, but the Senate still has a week of business to address two crypto bills before breaking.
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Roman Storm’s team expected to close case next week, developer may still testify Reporting from the New York courtroom suggested that the Tornado Cash developer could wrap up his defense in a few days, but whether he would take the stand was still unclear.
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Ex-Gemini, Kraken exec appointed as CEO of crypto advocacy group Ji Hun Kim became acting CEO of the Crypto Council for Innovation in December 2024 after the departure of Sheila Warren.
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Ethereum core developer testifies in Roman Storm defense as gov’t rests case After two weeks of hearing from US government witnesses, Roman Storm’s legal team called Preston Van Loon to the stand to kick off its defense case.
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Crypto ‘control’ takes center stage at Roman Storm trial With the trial of the Tornado Cash co-founder ending its eighth day, a witness testified Roman Storm had control over some of the funds connected to the mixing service.
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Fate of crypto, CBDC bills unclear as US Congress heads into recess Lawmakers are expected to break in a matter of days, but there are still items on the legislative agenda to address, including two crypto bills passed by the House.
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Crypto confusion: 50% of non-investors don’t understand it well enough to buy A survey conducted by the National Cryptocurrency Association explored why some people aren’t comfortable investing in digital assets.
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US Senate Republicans release draft bill for crypto market structure Republican leaders on the Senate Banking Committee said the legislation “built on” the CLARITY Act passed in the House of Representatives last week.
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FBI ends probe of Kraken co-founder, returns confiscated devices — Report The investigation was reportedly not connected to Jesse Powell’s activities within the crypto industry.
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Judge allows testimony on ‘feasible’ Tornado Cash code changes The second week of the Roman Storm trial kicked off with Judge Katherine Failla allowing a witness to testify that Tornado Cash could have been modified to prevent criminal use.
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To the moon? Justin Sun to be launched into space after $28M bid The Blue Origin mission is expected to move forward with six crew members after a 2021 bid from the Tron founder.
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Trump’s media company reports $2B in Bitcoin after crypto bills pass US House Backed by $2.5 billion in funding, Trump’s media company has started acquiring Bitcoin as part of its previously announced investment strategy.
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Crypto execs center stage as Trump signs stablecoin bill into law Several C-suite executives from cryptocurrency companies attended the Friday event, some of whom directly contributed to Trump’s 2024 campaign.
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Senate to consider Trump’s CFTC pick as crypto oversight hangs in the balance The Senate Agriculture Committee will hear from prospective CFTC chair Brian Quintenz, who could be the sole US regulator commissioner by the end of 2025.
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Crypto execs to attend US stablecoin bill signing after Thursday vote Representatives from Circle, Ripple, Chainlink, Multicoin Capital and Anchorage Digital confirmed they would be at the White House to mark the passing of the GENIUS Act.
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Trump’s court pick would bring crypto baggage to the bench The president’s pick to sit on an appellate court covering Silicon Valley has represented several blockchain entities in courts.
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US prosecutors expect to close case against Roman Storm by July 25 The fourth day of the Tornado Cash developer’s criminal trial in New York kicked off with witnesses from the FBI.
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US House passes three key crypto bills ahead of August recess The three bills on Republicans’ crypto agenda passed with bipartisan support despite continued pushback from Democrats over claims of corruption and conflicts of interest.
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Roman Storm prosecutors seek to block testimony on crypto kidnappings US Attorneys continued hearing from witnesses in their case against the Tornado Cash co-founder and filed a motion to block testimony on crypto-related kidnappings and torture.
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TRUMP memecoins set to be unlocked amid ‘crypto week’ votes US President Donald Trump reportedly pressured Republicans who voted against a procedural vote to consider three crypto bills on Tuesday, but his memecoin could complicate the debate.
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Three US crypto bills revived after initial failure in House vote House Republicans push to revive three crypto bills — covering stablecoins, market structure and a CBDC ban — after initial failure, but final vote remains delayed.
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Prosecutors link Roman Storm to DPRK hackers in trial opening statements The Tornado Cash co-founder’s legal team argued he “had nothing to do” with hackers using the crypto mixing service as his criminal trial kicked off.
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Crypto-backed group gathers $141M funding to influence US elections Fairshake reported raising $52 billion from the crypto industry in the first half of 2025, at a time when candidates previously supported by the PAC were providing crucial votes.
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First crypto bill vote fails to get 100% Republican support despite Trump’s call Republicans are still planning to pass three pieces of crypto-related legislation, but a majority of members in the House voted against a resolution to consider the bills.