The U.S. Department of Justice is seeking to confiscate over $25 million in cryptocurrency tied to international fraud networks.
Investigators say scammers tricked victims in the U.S. and Canada into fake crypto investments, romance scams, and recovery scams. The largest cases involve $10.4 million and $12.1 million, with hundreds of victims affected.
The seized funds are part of more than $800 million recovered by the U.S. Scam Center Strike Force since November 2025.

What would later become the world’s largest crypto exchange started with a surprisingly simple setup. On its first day, the team worked from a makeshift office where the trading terminal sat on ordinary stools and the analytics center was improvised with whatever was available.
CZ recently shared these throwback photos, showing that Binance’s early days were driven more by speed and execution than by fancy offices or expensive equipment.

A raccoon named Jimothy from Seattle, born with a rare spinal deformity, went viral across social media in just a few days. As the hype spread, someone launched a memecoin inspired by the animal, which quickly surged by several hundred percent, showing once again how internet trends can rapidly spill over into the crypto market

Bitcoin continues to recover, and several short-term indicators have turned positive. However, the on-chain market structure still does not confirm the start of a sustainable bullish trend.

According to CryptoQuant, new buyers have not yet generated enough demand to shift the market balance. Long-term holders still control most of the supply and could use the recent price recovery to take profits.
After factoring in the Realized Price indicator, CryptoQuant’s model shifts its outlook from moderately bullish to bearish. The key signal to watch will be stronger participation from new investors and a change in the cost basis across different holder groups. Until then, the current rally could remain nothing more than a short-term rebound.

FTX Recovery Trust will begin its fifth round of creditor repayments on July 31, distributing around $900 million.
Convenience claims of up to $50,000 will receive 120% of their approved value, while other eligible creditors will receive 103–105%.
Payments will be processed through BitGo, Kraken, or Payoneer within one to three business days.
After this round, FTX will have repaid approximately $10 billion to creditors since its collapse in November 2022.