Breaking down the FBI crypto theft: Former agent Patrick Steven Yaroch admitted to wire fraud and money laundering after raiding wallets belonging to investigation subjects, foreign nation-state actors, and even an active FBI decoy wallet.
Cycle timing update: Oct 22 marked day 916 post-halving. Previous Bitcoin bear market bottoms occurred on days 777, 889, and 912. Galaxy notes that while post-bottom gains have compressed each cycle, the timing signals a structural shift into a new phase.
Should Illinois move forward with its proposed 0.2% crypto tax, or should the courts decide its legality before implementation? Industry groups are pushing for an expedited ruling, and the outcome could shape the state's digital-asset policy.
The company isn't trying to turn this into another crypto bank. No lending and no stablecoin issuance, just custody and fiat services under a limited-purpose national trust bank.
Kalshiβs latest court loss creates an even more interesting split between the federal government and states over who gets to regulate prediction markets.