The Solana meme coin market cap is up 5.3% today as $SOL bro | Professor Of Information - BTC_CRYPTO on Binance Square

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Professor Of Information - BTC_CRYPTO

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The Solana meme coin market cap is up 5.3% today as $SOL broke $200.
Notable gainers include $PENGU up 9.89% and $FARTCOIN up 7.86%.
Got any of these in your bag?

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SOL

184.11

-6.60%

PENGU

0.038948

-9.89%

FARTCOINUSDT

Perp

1.4082

-13.57%

597

0

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FTX: Next Distribution Round Set for Late September, Disputed Claims Reserve Reduced by $1.9B FTX has announced the next fund distribution will begin September 30, 2025, with an August 15 record date. This phase targets approved claimants, general unsecured creditors, and “convenience claims” previously unpaid. A bankruptcy court has approved reducing the disputed claims reserve from $6.5B to $4.3B, freeing up $1.9B for this round. Distributions will take place via BitGo, Kraken, and Payoneer.

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Burwick Law Expands Pump.fun Lawsuit, Names Solana and Jito Execs as 'Co-Conspirators' Law firms Burwick Law and Wolf Popper filed an amended lawsuit Wednesday, expanding allegations against memecoin platform Pump.fun to include Solana Foundation, Solana Labs, and Jito executives. Notably named are Solana co-founders Anatoly Yakovenko and Raj Gokal, and Solana Foundation’s Dan Albert. The suit claims Pump.fun made $722M in profits from “illegal gambling activities,” and accuses it of serving as a laundering channel for North Korea’s Lazarus Group.

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#CryptoClarityAct The CryptoClarityAct marks a pivotal moment for the blockchain industry, aiming to resolve long-standing regulatory uncertainty in the United States. Its primary goal is to clearly define whether digital assets are securities or commodities, thus delineating the oversight responsibilities between the SEC and CFTC. This legislation seeks to establish a transparent framework for crypto firms, outlining registration, disclosure, and financial rules. Key provisions include the concept of a "mature blockchain system" to determine commodity status, a $75 million fundraising exemption for certain digital commodity issuers, and explicit protections for non-custodial developers and decentralized finance (DeFi) operations. Ultimately, the Act strives to foster innovation while safeguarding consumers and attracting greater institutional investment into the crypto space.

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Colorado Pastor, Wife Indicted In Alleged $3.4 Million Crypto Scam A Denver grand jury has indicted a Colorado pastor and his wife on 40 felony charges for allegedly orchestrating a multi-million-dollar crypto scam that targeted their Christian community, with the couple accused of pocketing $1.3 million for personal luxuries while claiming divine guidance. Eli and Kaitlyn Regalado face charges of theft, securities fraud, and racketeering after soliciting nearly $3.4 million from over 300 investors between January 2022 and July 2023 for INDXcoin, according to a Tuesday statement by the Denver District Attorney's Office.

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