Ripple CEO Brad Garlinghouse praised the Senate Agriculture Committee's crypto market structure bill, calling it a game-changer that provides clarity, ends SEC-CFTC turf wars, and positions the U.S. as a global leader in digital asset innovation.
Bitcoin Depot, a Nasdaq-listed Bitcoin ATM operator, filed for Chapter 11 bankruptcy in Texas. CEO cites regulatory crackdown and a Q1 revenue plunge of 49.2%. All 9,000+ ATMs worldwide are now offline.
A federal RICO lawsuit accuses Lime co-founder Brad Bao and Cere Network CEO Fred Jin of orchestrating a pump-and-dump of the CERE token, seeking $100 million in damages.
JPMorgan faces a lawsuit over allegations it facilitated a $328M crypto Ponzi scheme by providing payment channels. Plaintiffs argue the bank ignored red flags; the case hinges on whether JPMorgan had actual knowledge.
Nasdaq-listed Bitcoin Depot has filed for Chapter 11 bankruptcy protection, shut down its ATM network, and plans to sell assets under court supervision after steep revenue declines and mounting regulatory pressure.
Crypto market cap fell to $2.66T with $93M in long liquidations. Yet SIREN, WLFI, ONDO, LUNC, DEXE posted gains. SIREN surged 29% on a short squeeze; ONDO rallied on JPMorgan pilot and DTCC inclusion.
Prediction market monthly trading volume surged from $1.9B to nearly $24B by March 2026, driven by user growth and broader contracts. Binance, Paradigm, Pump.fun, and JPMorgan expand into the space amid intensifying regulatory battles.
SEC Chair Paul Atkins told a House hearing that the agency is pivoting from enforcement-by-lawsuit to rulemaking, with new litigation down 60% and big cases like Justin Sun's frozen.
