Director of ‘47 Ronin’ who gambled Netflix funds on crypto gets 30 months

Carl Rinsch will serve two and a half years in prison for taking money meant for a Netflix show to buy Dogecoin, stocks and luxury goods. Source: Cointelegraph

Carl Rinsch will serve two and a half years in prison for taking money meant for a Netflix show to buy Dogecoin, stocks and luxury goods. Source: Cointelegraph

One Binance customer said he lost the equivalent of more than $132,000 from the crypto exchange’s derivatives offerings before restrictions were imposed on Binance. Source: Cointelegraph

Strategy’s latest plan includes MSTR and STRC buybacks, expanded cash reserves and even potential Bitcoin sales. Will it be enough to defuse the overheated “death spiral” fears? Source: Cointelegraph

Bitcoin’s recent selloff brought it within 10% of its realized price — a line that has marked the bottoming zone in Bitcoin’s previous bear markets. Source: Cointelegraph

The amended complaint, granted by a judge on Tuesday, included allegations that Kalshi targeted users under 21 years old through social media and marketing on university campuses. Source: Cointelegraph

Tokenization and RWA TVL growth highlight Ethereum’s fundamentals, but stagnant DApps and spot ETF outflows keep the pressure on ETH price. Source: Cointelegraph

The request from the US agency seeks feedback on how emerging ETF structures and investment strategies should be regulated as issuers roll out increasingly specialized products. Source: Cointelegraph

ARK Invest’s biggest crypto stock purchases over the past three trading days were Coinbase and Circle, whose shares have fallen 17% and 27.6%, respectively, over the past month. Source: Cointelegraph

Bitmine purchased about $43 million worth of Ether last week as it entered the Russell 1000 Index, bringing it closer to its goal of owning 5% of ETH’s supply. Source: Cointelegraph

It sends “a very clear signal” to other institutions that may be sitting on the sidelines and looking at these larger funds as leaders, said MidChains CEO Basil Al Askari. Source: Cointelegraph