1. Ex-Prosecutors Launch Firm to Tackle Crypto Crimes
Former Manhattan federal prosecutors Tim Treanor and Arlo Devlin-Brown have founded Treanor Devlin Brown in NYC, aiming to fill the void left by reduced federal enforcement of crypto-related offenses. Their firm will handle both defense and plaintiff cases in cryptocurrency fraud and regulatory violations.
2. Bitcoin Slides Below $99K After US–Iran Tensions
Bitcoin dropped over 4% to $99,237 amid market risk-off sentiment after US strikes on Iranian nuclear sites. Ether also plunged roughly 8.5%, marking a sharp correction as geopolitical tensions weighed on sentiment.
3. Sequans Launches $384M Bitcoin Treasury Program
French IoT chipmaker Sequans Communications announced a $384 million strategic investment, launching an internal Bitcoin treasury initiative. The program marks the company’s expansion of balance-sheet crypto reserves—a significant move for corporates in the IoT sector.
4. Virtune’s Coinbase 50 Index ETP Rings Bell in Frankfurt
Virtune celebrated the official launch of its Virtune Coinbase 50 Index ETP at Deutsche Börse Xetra in Frankfurt. The product gives investors diversified exposure to the 50 top crypto assets, supporting broader European institutional adoption.
