US prosecutors moved to forfeit $3.44 million in USDt allegedly tied to a crypto investment scam that tricked victims into sending Ether to wallets controlled by fraudsters. US federal prosecutors have filed a civil forfeiture action to recover roughly 3.44 million USDt tied to an alleged online crypto investment scam that targeted victims across several states. According to a Tuesday announcement from the US Attorney’s Office in Boston, the funds were linked to a scheme that persuaded victims to send cryptocurrency to wallets controlled by scammers. Authorities said they seized the USDt (USDT) in February and March 2025, and are now asking a court to authorize the permanent forfeiture of the assets. “In such fraud schemes, scammers obtain funds from victims using manipulative tactics,” prosecutors said, adding that they establish a level of trust with a victim and then entice the victim into investing in a fraudulent investment scheme. Read more
Capo, an external oracle solution used by Aave, triggered around $27 million in liquidations after a pricing glitch, but the lending platform said it is stepping in to cover the losses. A configuration error in a risk-oracle system used by crypto lending platform Aave triggered the liquidation of about $27 million in wrapped staked Ether (wstETH) positions, prompting the protocol to move to compensate affected users. In a post-mortem published Tuesday, Aave said about 10,938 wstETH worth around $27.1 million was liquidated after the protocol applied an exchange rate that was 2.85% below the live market rate for wstETH and Lido staked Ether. The issue stemmed from a mismatch between pricing parameters and timestamp data in the oracle configuration, which caused the system to calculate a maximum allowed exchange rate below the actual rate onchain. Read more
Iran’s Assembly of Experts on Sunday named Mojtaba Khamenei as the country’s new supreme leader after the assassination of his father, Ayatollah Ali Khamenei, in strikes by the US and Israel on Iran. Mojtaba has been termed as a discreet figure who offers continuity of his father’s leadership. His appointment has drawn contrasting reactions from Washington and Jerusalem, reflecting differing strategies in responding to Iran’s evolving leadership. Here is how different international media outlets covered the news: Fox News — Iran crowns ‘nepo baby’ as supreme leader: Mojtaba Khamenei’s rise questioned by critics The mullahs spent 45 years denouncing hereditary dynasties and they just crowned a king. Khamenei junior. The boss’ son. He’s 56, no resume except his last name. Al Jazeera — Iran names Mojtaba Khamenei as new supreme leader after father’s killing Mojtaba Khamenei has never run for office or been subjected to a public vote, but has long been a highly influential figure in the inner circle of the suprem...