AGP Executive Report
Last update: 10 hours agoViolent Crime Wave: Bali police are investigating a Russian man kidnapped and tortured for ~30 hours to force him to hand over crypto account access, with attackers fleeing after dumping him outside a hospital. SEC Fallout: Ripple CEO Brad Garlinghouse says the SEC nearly shut Ripple down in the 2020 lawsuit, revealing the existential risk and why the company fought instead of settling. Middle East Shock to Markets: IRGC missile/drone strikes across the region rattled Bitcoin, briefly pushing it under $100K before a fast rebound, as Kuwait and Jordan reported intercepts. Sports Meets Crypto: Kraken is now the official FIFA World Cup crypto exchange supporter, while World Cup match volatility is driving spikes in fan tokens, Solana meme tokens, and Polymarket sports betting volumes. Big Legal Reversal: US prosecutors plan to drop charges against the alleged architect of the $722M BitClub Network Ponzi scheme with prejudice. Institutional Flows: Morgan Stanley Bitcoin Trust added nearly 1,000 BTC as inflows continued despite weakness, and Ripple’s MiCA licensing in Luxembourg expands its regulated footprint across the EEA. Scam Warning: A Guardian report describes fake “investment” clones used to lure victims into handing over money.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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