Navigating Crypto News
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Navigating Crypto News
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New phone logs suggest Argentine President Javier Milei had more direct communication with a LIBRA meme coin backer on launch night than previously disclosed, potentially reopening investigations into his alleged ties.
The emergence of seven calls between Milei and a LIBRA entrepreneur, alongside references to regular payments, challenges prior exonerations and could impact perceptions of presidential involvement in crypto scandals.
While no direct evidence of Milei receiving payments has surfaced, the ongoing federal probe and new communications raise questions about the integrity of crypto promotions and the need for clearer disclosure regulations.
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Solana DEX Stabble urged users to withdraw liquidity due to a former CTO's alleged ties to North Korean hackers, causing a 62% drop in TVL. The incident highlights ongoing security concerns within the DeFi space, particularly concerning state-sponsored hacking groups. While no exploit occurred on Stabble, the rapid TVL decline underscores user sensitivity to perceived security risks, especially following recent large-scale exploits on Solana. The Solana Foundation's recent security initiatives may be tested by such events, indicating a continued need for robust security measures across the ecosystem.
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Prosecutors are pushing back against Tornado Cash developer Roman Storm's attempt to use a recent Supreme Court ruling for dismissal, arguing it is not applicable to his case. The DOJ's stance highlights a continued aggressive prosecution of crypto developers despite some signals of a more favorable stance from the Trump administration. The legal battle underscores the ongoing tension between crypto privacy advocacy and regulatory enforcement, with potential implications for other developers in similar situations. The rejection of Storm's argument suggests the retrial will proceed, focusing on charges of conspiracy to commit money laundering and sanctions evasion.
