Bitcoin24h $118,449.11+0.26%

Ethereum24h $3,860.01+1.10%

XRP24h $3.14-0.26%

BNB24h $797.95-0.92%

Solana24h $180.19-1.02%

Dogecoin24h $0.2231-0.86%

TRON24h $0.3272-3.19%

Cardano24h $0.7793-1.09%

Hyperliquid24h $42.96-1.41%

Sui24h $3.85+0.34%

Trump-affiliated USD1 has $0 in excess reserves

The report by BitGo notes that all of USD1’s reserves are in the Fidelity Investments Money Market Government Portfolio—Institutional Class.

SafeMoon CEO Braden John Karony found guilty on all counts

The jury found Karony guilty on all three criminal counts in his trial related to misrepresentations to investors.

Kamala Harris didn’t say anything new about crypto this week, but that didn’t stop millions of people from thinking she did.

Fake crypto trading exchanges and other hoax financial domains have been linked to a scam estimated to have netted half a billion dollars.

OneCoin was a colossal Ponzi scheme that at its height was reported to have raised $4 billion from investors in 175 countries.