Helix
6h Crypto Recap: Bitcoin, Helix, Coinbase, HongKong, ECB — Heat rises
The US Justice Department secured legal ownership of $400 million tied to the #Helix bitcoin mixer case. The action centers on funds linked to illicit activity routed through the mixing service ⚖️.
An insider-trading case involving #Coinbase leadership moved forward in court. The development keeps exchange governance and compliance under a brighter spotlight 🧾.
#HongKong’s stablecoin ordinance has taken effect as part of a broader push for crypto regulation. The move signals tighter rules for stablecoin-related activity and oversight 🏛️.
6h Crypto Recap: Bitcoin, Ethereum, Solana, Binance—Big rules, bigger bets
#CFTC leadership signaled a push toward a new regulatory framework for #PredictionMarkets. The message focused on clarifying oversight and modernizing how these markets are treated ⚖️.
The #SEC reiterated that tokenized stocks must comply with existing securities laws. The stance emphasized that wrapping equities on-chain does not remove legal obligations 🧾.
The #USDOJ finalized a $400 million forfeiture tied to the #Helix crypto mixer. The action underscored continued enforcement pressure on privacy and mixing services 🚨.
#Binance shifted $1 billion from its #SAFU fund into #Bitcoin. The move highlighted a reserve-management change centered on BTC custody.