A case tied to defunct crypto exchange FTX moves forward, a soldier seeks to dismiss over a Polymarket bet and a former congressman was ordered to pay $35,000 for manipulative trading. In a Friday filing with the US District Court for the Southern District of New York (SDNY) over campaign finance charges, Michelle Bond’s legal team asked the court to consider precluding evidence related to former FTX Digital Markets co-CEO Ryan Salame, her husband who is currently serving a 90-month sentence after he pleaded guilty in 2023. Bond faces campaign finance charges alleging that her unsuccessful 2022 congressional run in New York was partially funded by contributions from FTX facilitated by Salame. As part of the filings this week, Bond asked the court to exclude evidence of her husband’s guilty plea and “related plea materials,” in which the former executive admitted to making “political contributions in [his] name that were funded by transfers from the bank accounts” of an entity tied to FTX. “The Court should p...
State officials reported that Minnesota residents, and largely senior citizens, had lost about $1 million from scams tied to crypto kiosks from 2023 to 2025. A Minnesota law prohibiting virtual currency kiosks in the US state took effect on Saturday following the signing of a bill by Governor Tim Walz in May. According to the law, SF 3868, which Walz signed on May 5, all crypto ATM operators in Minnesota are prohibited from “installing, operating, maintaining, or making available” virtual currency kiosks. Companies with machines already installed must deactivate them by Saturday, but have until Dec. 31 to physically remove them from locations “visible or accessible to the public.” Minnesota’s commerce department reported residents had lost about $1 million from scams tied to crypto ATMs from 2023 to 2025, with the FBI’s Internet Crime Complaint Center reporting the state had more than $151 million in losses tied to digital assets or crypto wallets in 2025. Officials said that the schemes “disproportionately ...