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Stop TRUMP in Crypto: Democrats Propose Bill to Curb Presidential Crypto Dealings

In a direct challenge to President Donald Trump’s cryptocurrency endeavors, Representative Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, introduced the “Stop TRUMP in Crypto Act of 2025” on Thursday. The timing was strategic, coinciding with Trump’s controversial private dinner at his golf club with the top 220 holders of his meme coin.

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Former Celsius CEO Alex Mashinsky Sentenced to 12 Years for Crypto Fraud: Full Analysis

Alex Mashinsky, the founder and former CEO of cryptocurrency lending platform Celsius Network, has been sentenced to 12 years in prison for defrauding investors and customers out of billions of dollars. The sentence was handed down by U.S. District Judge John Koeltl in Manhattan’s Southern District of New York on Thursday, May 8, 2025.

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