Ripple may face a jury trial; Winklevoss Twins back Trump; MicroStrategy buys more BTC; and more

M6 Labs Alpha Bytes 🚨 June 21st

GM anon ☕🐺

In today’s Alpha Bytes👇

The US Federal District Court allows lawsuits against Ripple Labs, alleging that its CEO violated California securities laws. An order issued by the US District Court for the Northern District of California means that a jury will decide whether Ripple CEO made “misleading statements” in a 2017 interview. MicroStrategy buys an additional 11,931 Bitcoin for $786M. Winklevoss twins give a $2M Bitcoin boost to Trump’s campaign.

BTC $64,561 (-1.29%), ETH $3,508 (-1.84%), SOL $132.76 (-1.99%)

Crypto News 📰

  • German government dumping its Bitcoin

  • US spot bitcoin ETFs shed $140M as fund exit continues

  • CertiK clears up extortion allegations as Kraken recovers $3M

  • LayerZero says users must pay 10 cents per ZRO to claim tokens

  • US CFTC investigating trading firm Jump's crypto activity

  • Argentina’s president Javier Milei advocates bitcoin, calls for currency competition

  • California judge casts doubt on dismissing SEC's case against crypto exchange Kraken

  • Consensys moving forward with SEC lawsuit after dropped investigation

  • UK Authorities arrest two in $1.3B illegal crypto operation

Project Updates 🔥 

Threads 🧵 

Launches 🚀 

  • VanEck's spot bitcoin ETF goes live on Australia's biggest stock exchange

  • Midas launches new yield-bearing token mBASIS to compete with Ethena

  • 3iq applies to launch Solana ETP in Canada

Fundraise 💰

 Videos 🎥

Analysis 📊


That's a wrap for today!

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