- Haru Invest, a digital asset management platform, has announced the suspension of deposit and withdrawal requests until further notice.
- U.S. Congressman Warren Davidson has stated that he and Congressman Tom Emmer have submitted a bill to restructure the U.S. Securities and Exchange Commission (SEC) and called for the dismissal of SEC Chairman Gary Gensler.
- Robinhood’s cryptocurrency trading volume dropped 43% month-over-month to $2.1 billion in May.
- Polygon has launched Polygon 2.0, based on ZK technology, which involves upgrades to the protocol, token economics, and more.
- John Reed Stark, former Chief of the SEC’s Office of Internet Enforcement, has stated that the U.S. Department of Justice will file or may have already filed criminal charges related to Binance.
- The largest holder of SHIB outside of exchanges has withdrawn $10 million worth of SHIB from Binance and Coinbase.
- SBF’s lawyer has stated that the legal proceedings involving SBF in the Bahamas could potentially take several months or even years.