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U.S. Seeks Forfeiture of Over $14 Billion in Bitcoin Tied to Alleged Pig-Butchering Scam

U.S. Seeks Forfeiture of Over $14 Billion in Bitcoin Tied to Alleged Pig-Butchering Scam

The United States is seeking forfeiture of 127,271 Bitcoin, a case now valued at over $14.2 billion, alleging a global “pig butchering” fraud tied to Chen Zhi and Prince Holding...

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1 min
Bitcoin Correction Appears Driven by Leverage Unwind as Over 90% of Supply Remains in Profit

Bitcoin Correction Appears Driven by Leverage Unwind as Over 90% of Supply Remains in Profit

Bitcoin’s recent correction was a leverage-driven reset, not a broad-market capitulation. On-chain metrics show over 90% of BTC supply stayed in profit while $132 million of short positions were liqui...

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1 min
SB 822 May Protect Unclaimed Bitcoin and Ethereum From State Liquidation in California

SB 822 May Protect Unclaimed Bitcoin and Ethereum From State Liquidation in California

California SB 822 unclaimed crypto law prevents the state from forcibly liquidating dormant digital assets; custodians must remit cryptocurrencies like Bitcoin and Ethereum in their native form to the...

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1 min
US Seeks $14 Billion in Bitcoin From Cambodian Crypto