🚨 Mango Markets Case Update: Fraud Charges Dismissed
⚖️ In a major twist to the $110M Mango Markets saga, a U.S. federal judge has dismissed commodities fraud and market manipulation charges against Avraham Eisenberg.
🧑⚖️ Judge Arun Subramanian ruled that the evidence didn't support the jury’s verdict, overturning Eisenberg’s prior conviction.
🌐 This decision could set a precedent in how courts interpret DeFi exploits and market manipulation.
🔍 Is this a win for legal clarity in crypto — or a loophole in need of fixing?
🚨 Elon Musk’s DOGE Unveils Bold Plan to Dodge U.S. Recession 🇺🇸
📊 In response to rising Treasury yields and renewed tariff tensions, Elon Musk’s Department of Government Efficiency (DOGE) is flipping the script — shifting from spending cuts to strategic federal investment.
⬇️ The goal?
🔹 Accelerate GDP growth 🔹 Counter recession risks 🔹 Tackle the U.S. debt crisis head-on
🏛 As Musk teams up with the Trump administration, this bold pivot could redefine how the U.S. navigates economic pressure.
🔗 Is this the stimulus the economy needs — or a risky bet on growth?
📢 Peter Schiff Slams Stablecoins Amid Senate Debate
📊 Economist and gold advocate Peter Schiff is making headlines again—this time targeting the rise of stablecoin use in the U.S.
📜 As the Senate debates the GENIUS Act, questions around the future of yield-bearing stablecoins are heating up. Schiff warns of potential risks, adding fuel to an already intense regulatory conversation.
🇪🇺 As Trump’s proposed 50% tariffs on EU goods make waves, the US and India are reportedly just 7–10 days away from a potential trade agreement.
🚀 This could be a bullish signal for markets, especially with crypto assets showing strong reactions to recent global trade moves—like the US-China agreement earlier this month.
🌐 Global trade is shifting. Is your strategy aligned?
🚨 SEC Acknowledges Canary Capital’s Staked Tron ETF Filing
🏛 In a notable move, the US SEC has officially acknowledged the filing for a Staked Tron ETF by Canary Capital — sparking optimism across the $TRX community
🌐 This comes amid broader delays for other crypto ETFs, including staked $ETH , marking a potential shift in regulatory tone.
🚨 BlackRock’s Bitcoin ETF (IBIT) Joins Top 5 US ETFs by Inflows 🇺🇸 With a massive $877M inflow on May 22 and over $9B YTD, IBIT is now among the top five ETFs in the U.S.
📊 Since launch, total inflows have surpassed $47.5B — and its share price just hit an all-time high.
🏛 With major U.S. banks reportedly exploring a joint stablecoin venture, and the GENIUS Act moving through the Senate, crypto veteran Arthur Hayes sees trouble ahead for Circle’s USDC.
📢 His take? “Bye bye Circle. Thanks for playing.”
🌐 If Wall Street enters the stablecoin game, the competitive landscape could shift dramatically.