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German gov’t transfers another $900M in Bitcoin, adding to BTC’s selling pressure

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Repeated Bitcoin transfers to centralized exchanges suggest the German government plans to sell the remaining $1.3 billion in BTC holdings.

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Coin Market

US DOJ sentences man to 70 months in prison for role in $263M scam group

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The group spent tens of millions of dollars on luxury items and real estate, using funds stolen from crypto users in social engineering scams.

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Bitcoiners cast doubt on the US military’s understanding of the network

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Bitcoin advocate Matthew Kratter said US Navy Admiral Samuel Paparo’s Senate testimony on Tuesday sounded like it was written by an “intern.”

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Coin Market

CFTC sues New York over bid to apply gambling laws to prediction markets

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The CFTC has filed suit to block New York from enforcing gambling laws on prediction platforms, arguing federal regulators have sole authority over event-based contracts.

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