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Polymarket’s chief marketing officer sent more than $2.5 million through a personal PayPal account to over 800 people in 14 months, including at least $350,000 to influencers who promoted the crypto prediction market on X without disclosing they were paid, POLITICO reports. $2.5 Million Through a Personal PayPal Account According to a POLITICO investigation published … Read more
Coinbase CEO Brian Armstrong believes competition with China “might be the best thing to happen to America since the cold war,” arguing the rivalry will jolt a complacent U.S. back into excellence. A Bullish Take on Great-Power Rivalry Brian Armstrong, chief executive of the largest U.S. crypto exchange, framed the intensifying contest with China as … Read more
The Trump Administration has proposed imposing 25% tariffs on Brazilian goods under Section 301 of the Trade Act of 1974. The investigation alleges that Brazil “has unfairly disadvantaged U.S. companies engaged in competing electronic payment services” by promoting Pix. Brazil Faces 25% Tariffs For Establishing Pix Pix, Brazil’s flagship instant payment system, has returned to … Read more
Former U.S. congressman George Santos publicly promised he would attend President Trump’s State of the Union address in February, then quietly bet on Kalshi that he would not, according to people familiar with his trades. The prediction market froze his account and referred the case to two federal regulators, both of whom have opened insider-trading … Read more
The U.S. Treasury Department sanctioned Nobitex, Iran’s largest digital asset exchange, and three other Iranian crypto platforms on Tuesday, placing a sharper compliance spotlight on crypto flows tied to Iran. 4 Exchanges, 4 Nationals Hit as U.S. Expands Iran Crypto Sanctions Campaign The Treasury’s Office of Foreign Assets Control, or OFAC, designated Nobitex, Wallex, Bitpin, … Read more
The former NBA guard was hit with new federal sports bribery charges over an alleged six-digit kickback he received to manipulate his performance in a 2023 Charlotte Hornets game. The superseding indictment escalates a sweeping federal sports betting probe that has charged 34 defendants since last October. Bribery Charges Add to Existing Wire Fraud Case … Read more
U.S. President Donald Trump renewed his call for a physical audit of the U.S. gold reserves at Fort Knox this weekend, citing the FBI’s arrest of a former CIA official found with approximately $40 million in gold bars at his Virginia home. Trump Posts, Then Explains Trump posted on Truth Social over the weekend, writing … Read more
The U.S. Treasury has seized approximately $1 billion in Iranian-linked cryptocurrency assets, Treasury Secretary Scott Bessent announced May 29, 2026, at the Reagan National Economic Forum in Simi Valley, California. Operation Economic Fury: Scott Bessent Says U.S. Seized $1B in Iranian Crypto, Wallets Grabbed Without Warning Bessent made the disclosure during a live interview with … Read more
Comando Vermelho (CV) and Primeiro Comando da Capital (PCC), considered the largest criminal groups in Brazil, have been designated as terrorist organizations by the U.S. government. The two groups have been involved in the use of digital currency as a money laundering tool for their drug trafficking activities in Brazil and around the world. Comando … Read more
U.S. stock indexes closed at all-time highs on Friday, May 29, 2026, as optimism around a potential U.S.-Iran deal, strong tech earnings, and artificial intelligence (AI) momentum pushed the S&P 500 to a new record close near 7,592, even as consumer sentiment fell to its lowest level ever recorded. Wall Street is feeling it while … Read more