$450M in Seized Crypto Assets on Track for Return to Defrauded Investors

The Justice Department is unleashing over $450 million in seized crypto, real estate, and luxury assets to repay thousands of defrauded victims in a $577 million scheme. DOJ Plans Restitution for Thousands After $577M Cryptocurrency Fraud The U.S. Department of Justice (DOJ) announced on Aug. 12 that two Estonian nationals have been sentenced for operating … Read more

Tron DAO, Justin Sun Accuse Bloomberg of False Asset Reporting

Tron DAO and representatives for Justin Sun allege that the financial news publication, Bloomberg, published “knowingly false” information about the crypto entrepreneur’s assets in its Billionaires Index. Tron DAO Counters Bloomberg’s Justin Sun Holdings Claim The statement asserts that the Aug. 11, 2025, index edition “knowingly published inaccurate data that dramatically and dangerously misrepresents Mr. … Read more

Executive Order Opens Crypto for 401(k) Investors

On August 7, 2025, the White House issued a long-awaited executive order titled “Democratizing Access to Alternative Assets for 401(k) Investors.” For the first time, U.S. retirement savers will be permitted to allocate a portion of their 401(k) accounts to certain alternative investments—including private equity, real estate, and digital assets such as cryptocurrencies. The following … Read more

Understanding the SEC’s August 2025 Update Regarding Crypto Staking

The U.S. Securities and Exchange Commission’s Division of Corporation Finance issued a staff statement on August 5, 2025, addressing certain liquid staking activities, marking a key follow-up to its May 29, 2025 Protocol Staking Statement. Read the full statement here. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law. What … Read more

Roman Storm’s Tornado Cash Verdict: What It Means for Crypto

On August 6, 2025, a federal jury issued a mixed verdict in the case brought against Roman Storm, co‑founder of Tornado Cash. Jurors deadlocked on the most serious allegations—conspiracy to commit money laundering and conspiracy to violate sanctions—and returned a conviction only on a lesser charge: conspiracy to operate an unlicensed money transmitting business. This … Read more