Linqto Files Bankruptcy Amid Legal Probes and Corporate Structure Issues

Linqto’s Chapter 11 bankruptcy filing exposes deep structural flaws and regulatory pressure that could upend investor ownership rights and rattle confidence in private equity access platforms. Linqto’s Chapter 11 Filing Sparks Questions Over Private Equity Ownership Rights Mounting legal pressures and structural flaws have pushed Linqto into a high-stakes reorganization that could reshape investor exposure … Read more

US Government Backs Down in Tornado Cash Lawsuit

The U.S. government has backed away from its lawsuit against crypto mixer Tornado Cash after both the Department of the Treasury, crypto advocacy group Coin Center, and others, all agreed to have the suit declared moot, effective June 28, 2025, court documents show. Lawsuits are considered moot when there is no longer a need to … Read more

Canadian Woman Sues After $1.3M in Bitcoin Vanishes in SIM-Swap Scam

A Canadian pharmacy manager is suing a telecom company and a trading platform after losing 12.58 bitcoins—now worth over $1.36 million—in a sophisticated SIM-swapping scam. Canadian Woman Blames Security Lapse by Telecom Employee for Crypto Loss Canadian woman Raelene Vandenbosch is embroiled in a multi-million dollar legal battle, alleging she lost 12.57969337 bitcoins, now valued … Read more

Supreme Court Declines Crypto Privacy Case, Upholds IRS Access Without Warrant

The Supreme Court’s refusal to hear a major crypto privacy case leaves intact rulings that uphold the IRS’ power to obtain bitcoin user data without consent. IRS Retains Authority to Access Bitcoin Transaction Data Without User Consent A constitutional challenge over the Internal Revenue Service’s (IRS) ability to obtain cryptocurrency transaction records without a warrant … Read more

Ripple Confirms XRP Legal Status After Judge Blocks Joint SEC Settlement Motion

Ripple reaffirmed XRP’s legal status after a federal judge upheld her previous ruling and rejected proposed settlement changes in a joint motion with the SEC, drawing renewed attention to the crypto’s regulatory outlook. Ripple Reasserts XRP’s Legal Status After Court Upholds Penalty Ripple Chief Legal Officer Stuart Alderoty publicly addressed District Judge Analisa Torres’ rejection … Read more

Court Denies Ripple-SEC Push to End XRP Case—Judge Keeps Ruling Intact

A federal judge dealt a major setback in the high-stakes XRP case, rejecting Ripple’s deal with the SEC and enforcing the full penalty and legal restrictions. Judge Rejects Ripple-SEC Agreement, Upholding Full Penalty and Legal Restraints U.S. District Judge Analisa Torres ruled on June 26 that Ripple Labs cannot dissolve a court-imposed injunction or reduce … Read more

Deleted Files Might Provide Missing Link in Libra Case

According to local sources, a pen drive confiscated from Mauricio Novelli, who is implicated in the Libra case, may contain information linking Argentine President Javier Milei to the token launch. These sources claim that a video allegedly showing Milei promoting Libra may have been deleted from the storage device. Video Containing Missing Link Between Milei … Read more