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U.S. Treasury slams Iran’s central bank with new crypto sanctions, freezing $131M in USDT from four Tron wallets linked to Tehran’s covert stablecoin stash — part of a broader crackdown that’s now locked up $475M total, as Iran scrambles to prop up its collapsing rial amid renewed military strikes and a shattered ceasefire.

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The Senate just sent a powerful, unanimous message: Sam Bankman-Fried won’t be getting a presidential pardon. Though the resolution can’t legally block a pardon, it’s a bipartisan roar against leniency for the FTX founder, who’s already serving a 25-year sentence for fraud. With a Republican cosponsor and odds of a Trump pardon under 1%, the Senate’s stance is clear — no special treatment for the crypto collapse’s architect.

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Crypto’s on a rollercoaster again—Bitcoin and Ethereum took a nosedive, dipping below $30K, as broader economic worries like inflation and interest rates shake investor confidence. Veteran traders brace for the swings; newcomers feel the jolt. But here’s the twist: while big coins tank, some altcoins are quietly soaring. The market’s a mess—but it’s always moving, always shifting. Stay sharp.

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Tether’s big move in Latin America: $20M into Ualá, part of a $200M round, follows similar bets in Argentina and Brazil — a bold strategy to expand its stablecoin ecosystem and dominate the region’s digital finance future.

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The Senate just shut the door on any presidential pardon for Sam Bankman-Fried, unanimously rejecting clemency in a move that underscores how seriously lawmakers view his role in the FTX collapse — a fraud that wiped out $8 billion in customer funds. Convicted on seven counts and facing a 2044 release, Bankman-Fried’s fate is now sealed, even as former President Trump confirms no pardon is coming. Senators Lummis and Gallego led the charge, with Lummis — a crypto industry ally — signaling that even within the sector, trust was shattered. For countless victims who lost life savings, this vote is a powerful rebuke to betrayal and a firm message: accountability will not be softened by politics.

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