The criminal case involving Qian Zhimin and 60,000 Bitcoin is set to move into the evidence review and substantive trial stages after October 2026. This marks a key procedural step in one of the UK's largest cryptocurrency-related legal cases, involving billions in Bitcoin value. The evidence stage will involve detailed examination of blockchain data and financial records, followed by a substantive trial addressing remaining legal questions beyond Qian's guilty plea for laundering. The case also includes civil claims from Chinese victims and could set important legal precedents for handling large digital asset seizures and cross-border crypto fraud claims.
In 2026, the United States saw its share of Bitcoin's total mining hashrate decline by about 0.823%, losing roughly 55 exahash per second (EH/s), though it remains the largest miner globally. Meanwhile, China and Russia increased their share of the g...
Meta has agreed to an $18 billion legal settlement, which translates to about $1 billion per year—an amount negligible compared to its substantial revenue and earnings. The settlement resolves regulatory uncertainties, allowing Meta to focus on its c...
Genius Group, after selling its entire Bitcoin reserve to repay $8.5 million in debt, plans to rebuild its Bitcoin and AI treasuries to a combined $1.6 billion by fiscal year 2031. The company aims to grow total assets to $2 billion and will fund tre...
Veteran trader Peter Brandt revealed he remains long on Bitcoin even as the cryptocurrency struggles to break above the key resistance zone around $82,000. Bitcoin recently climbed above $80,000 but faced strong selling pressure, causing a pullback. ...
Grayscale's Zach Pandl highlights that the US Treasury's bond repurchases aim to ease pressure from soaring government debt, which recently surpassed $40 trillion. While these repurchases may reduce Treasury supply and stimulate the economy, they don...
