US Treasury Hits Huione Group in Sweeping Push Against Global Cyber Fraud

Key Takeaways OFAC sanctioned 26 entities linked to Prince Group, next blocking Huione from U.S. financial markets. Chainalysis reported Huione Guarantee processed $70B in crypto, forcing tighter P2P market rules. After a 5-year run, the FBI seized Huione’s cloud systems to dismantle global crypto scam markets. US Treasury Hits Huione Group’s Crypto Money Laundering Cloud…

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Novak Djokovic has a new job — advisor to private equity firm General Atlantic

General Atlantic has tapped tennis legend Novak Djokovic to serve as a global strategic advisor, where, according to a press release, he “will work closely with the firm’s leadership, portfolio companies, and investors, bringing perspectives on leadership, resilience, and innovation that reflect General Atlantic’s commitment to excellence.” The news comes just days before Djokovic is…

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Cathie Wood’s ARK Invest Buys the Dip on Coinbase, Circle, Bullish, and Robinhood as Crypto Stocks Slide

Key Takeaways ARK Invest bought 35,023 Robinhood, 9,014 Coinbase, 9,264 Circle, and 9,136 Bullish shares on June 25. All four stocks fell that day, with Coinbase down 5% to $142.52 and Bullish off 6.77% to $21.88. The dip-buying extends Cathie Wood’s high-conviction crypto thesis, anchored by a $1.5 million bitcoin target. Buying Into a Broad…

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