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blockonomi.com U.S. Targets $12B in Bitcoin From Global “Pig Butchering” Scam

TLDR: DOJ seeks to seize 127,271 BTC worth about $12B in one of the largest crypto forfeiture cases ever. The Bitcoin is linked to a transnational “Pig Butchering” fraud scheme led by Chinese national Chen Zhi. The case, filed in the Eastern District of New York, could boost U.S. government Bitcoin holdings sharply. Blockchain tracing [...] The post U.S. Targets $12B in Bitcoin From Global “Pig Butchering” Scam appeared first on Blockonomi.

news.bitcoin.com Post-Selloff Outlook: Galaxy Expects Smarter, Leaner Crypto Markets to Emerge

A historic wave of crypto liquidations wiped out billions across leveraged positions as markets reeled from a global macro shock, but Galaxy projects a smarter, leaner market ahead—driven by reduced leverage, stronger risk controls, and long-term structural resilience. Galaxy Reacts as Historic Crypto Liquidation Wave Rocks Markets A massive wave of forced liquidations has shaken […]

bitcoinist.com $19 Billion Bitcoin And Crypto Wipeout: What Caused The XRP Price To Crash 50% In A Single Candle?

The crypto market suffered a devastating $19 billion wipeout as XRP and Bitcoin (BTC) were caught in a brutal sell-off that shocked traders worldwide. Within minutes, XRP wiped out over 50% of its value, dropping down to $0.77 before partially rebounding, marking one of its steepest intraday losses in history. While early reports blamed political […]