The suit, filed on April 14, accuses Circle Internet Financial of failing to freeze stolen funds during the exploit.
Drift Protocol's $285 Million Exploit on Solana Raises Questions Over DeFi Security
Circle Hit With Class Action Lawsuit Over $285M Drift Protocol Hack
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SpaceX Prices Record $75B IPO at $135, Hits $1.8T Valuation
SpaceX has officially executed the largest initial public offering in Wall Street history, substantially eclipsing all previous market records.Wayne Ingram
Stablecoin Secondary Market Rules Pit Banks Against Crypto
The Bank Policy Institute and The Clearing House want anti-money laundering rules to cover secondary market activity.Martha Grizzard
VerifiedX Launches Bitcoin Sidechain for Native DeFi Privacy
VerifiedX has officially introduced a decentralized "reliever chain" designed to bring programmable, privacy-preserving functionality to the Bitcoin network.Martha Grizzard
Japan’s SBI and Rakuten Plan Crypto Trusts as Rules Finalize
SBI Securities and Rakuten Securities have officially announced plans to introduce cryptocurrency investment trusts to their massive retail user bases.Craig Green
Senate Advances CLARITY Act: A New Era for U.S. Crypto Oversight
The Senate Banking Committee advanced the CLARITY Act on May 14, 2026 to establish a comprehensive federal framework for the digital asset industry.
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