Judge rules against most of DCG’s motion to dismiss NYAG’s civil securities fraud suit — link | tl;dr : unfolded.
CoinDesk
Judge Rules Against Most of DCG’s Motion to Dismiss NYAG’s Civil Securities Fraud Suit
The judge agreed to toss out two of the claims against DCG, its CEO Barry Silbert and Michael Moro, the former CEO of Genesis Global Capital, on the grounds that they were duplicative.
JEFF WALTON: 🟠 $MSTR Leverage update 4/11/2025
$44.3B of assets
$8.2B of debt
$1.6B of Pref Stock
$34.5B of Net Capital
18.5% leverage ratio
(~ 5.4x Debt coverage ratio)
While the price of Bitcoin is down 10% since the end of 2024, $MSTR has increased the assets held on balance sheet by 6% ($41.7B > $44.3B) while only increasing leverage by 30 basis points (18.2% > 18.5%)
Increased BTC holdings by 81,786 (18% increase since end of 2024)
Incredible Financial Strength : Bitcoin
$44.3B of assets
$8.2B of debt
$1.6B of Pref Stock
$34.5B of Net Capital
18.5% leverage ratio
(~ 5.4x Debt coverage ratio)
While the price of Bitcoin is down 10% since the end of 2024, $MSTR has increased the assets held on balance sheet by 6% ($41.7B > $44.3B) while only increasing leverage by 30 basis points (18.2% > 18.5%)
Increased BTC holdings by 81,786 (18% increase since end of 2024)
Incredible Financial Strength : Bitcoin
Several U.S. SEC commissioners expressed support during the agency’s second digital assets roundtable for establishing a regulatory sandbox that would allow crypto exchanges to experiment with innovations such as tokenized securities trading before formal regulations are implemented. — link : Wu Blockchain News
Decrypt
Crypto Exchanges Like Coinbase May Soon Get a Regulatory Sandbox to Play In - Decrypt
SEC leadership floated the possibility Friday of regulatory exemptions that would allow crypto exchanges to experiment with the trading of tokenized securities.
JUST IN: 🇺🇸 President Trump says the US dollar value will go "way up…stronger than ever." : Watcher Guru
JUST IN: 🇺🇸🇨🇳 President Trump says something positive will come out with China. : Watcher Guru
Donald Trump's meme coin, TRUMP, is set to unlock 40 million tokens on April 18, granting the project team tokens worth approximately $320 million — about 20% of the circulating supply. A sell-off could trigger significant market pressure. Since its launch in January, the token has dropped roughly 83% from its peak to around $8. The number of holders has declined from 817,000 to 637,000, with a sharp decrease in high-balance wallets. — link : Wu Blockchain News
Coindesk
TRUMP Coin News: Donald Trump's Memecoin Faces Massive $320M Token Unlock Amid Record Low Price
The token is down by 83% since it launched in January.
Scotland's Lomond School will begin accepting Bitcoin for tuition payments starting in the fall term of 2025, marking the first such case in the UK. The school currently has no plans to accept other cryptocurrencies or to immediately convert Bitcoin into fiat currency. In the future, it may consider establishing a Bitcoin treasury, pending community feedback. — link : Wu Blockchain News
*BINANCE ALSO MULLING DEAL WITH TRUMP FAMILY CRYPTO VENTURE: WSJ: BBG : Tree News
👍1
Binance met with Treasury Department to look at curbing US oversight over firm; also mulling deal with Trump family crypto venture: WSJ : unfolded.
MakerDAO begins its $1B allocation into tokenized treasuries, beginning with Securitize, Superstate, and Centrifuge - 𝕏/@RWA_xyz : Leviathan News
According to WSJ, Binance executives met with U.S. Treasury officials last month to discuss easing regulatory oversight and proposed replacing the independent monitor overseeing the company's anti-money laundering compliance — a potential step toward reentering the U.S. market. Binance is also exploring a partnership with a Trump-affiliated crypto project. The report also claims that, as part of his plea deal, CZ agreed to provide prosecutors with evidence related to Justin Sun. Yesterday, CZ stated that WSJ is once again preparing a baseless attack against him. — link : Wu Blockchain News
The Wall Street Journal
Exclusive | Binance Seeks to Curb U.S. Oversight While in Deal Talks With Trump’s Crypto Company
These moves mark the progression of a growing alliance between the Trump family and Binance, which pleaded guilty to violating anti-money-laundering laws in 2023.