A case tied to defunct crypto exchange FTX moves forward, a soldier seeks to dismiss over a Polymarket bet and a former congressman was ordered to pay $35,000 for manipulative trading.

State officials reported that Minnesota residents, and largely senior citizens, had lost about $1 million from scams tied to crypto kiosks from 2023 to 2025.

Michigan incumbent Shri Thanedar’s re-election bid against other Democratic challengers is getting more about crypto with an infusion of ads funded by an industry-aligned PAC.

Pump.fun co-founder Noah Tweedale reportedly attributed the layoffs to the company growing too quickly.

Several users of the long-defunct crypto exchange reported that distribution agents had begun releasing funds to reimburse creditors for some of their 2022 losses.

Among the issues US lawmakers are expected to discuss in a digital asset taxation hearing are “de minimis” reporting exceptions for crypto transactions.

The law, part of a budget plan passed by Illinois lawmakers, would put the burden of collecting a 0.2% tax on crypto transactions on a registered broker.

The lawsuit followed an investigation by Missouri authorities into several crypto ATM companies that involve allegations of “deceptive fee structures” and scams.

Hester Peirce will become an associate professor at a Virginia law school some 18 months after her term at the SEC expired, leaving another empty seat in the agency’s leadership.

Five Republicans and one Democrat won or went to runoffs following primaries in Georgia, Alabama and Kentucky after a crypto-backed PAC and its affiliates spent a combined $20 million on media and ads.

About 24 hours after Minnesota Governor Tim Walz signed a bill into law passed by the state’s legislature to effectively ban prediction markets in the state, the CFTC pushed back with its own lawsuit.

The Massachusetts lawmaker asked the US Comptroller of the Currency to provide all communications between the agency and President Donald Trump potentially related to the charter approvals.

Many experts voiced concerns that the confirmation of Kevin Warsh as Federal Reserve chair would lead to uncertainty about the central bank’s independence, particularly in setting interest rates.

A political action committee aligned with crypto interest groups reported spending more than $4 million in support of Democratic US House candidate Jasmine Clark in Georgia.

Minnesota-based banking institutions and credit unions will be authorized to provide digital asset custody services in a nonfiduciary capacity as of Aug. 1.

The announced crypto freeze came just one day after Tether said it had frozen $344 million of its USDt stablecoin in response to a request from US law enforcement.