Cryptocurrency Wallet

World Liberty Financial issued a cease-and-desist against the $TRUMP Wallet, escalating tensions in the Trump family’s crypto sphere. The wallet’s site went dark Thursday, and Magic Eden’s ME token plunged, highlighting market sensitivity to branding disputes tied to Trump ventures.

California has passed a bill to claim inactive cryptocurrency from exchange accounts after three years with no user activity. The assets will not be sold but held safely until owners reclaim them.

Authorities in Zaporizhia have arrested a 35-year-old man suspected of breaching over 5,000 user accounts linked to a major international hosting provider. According to the police, the alleged cyberattack resulted in damages exceeding $4.4 million.

This week, Magic Eden, a major NFT marketplace, announced the launch of a new Trump-banded crypto wallet branded, aiming to capitalize on the popularity of the $TRUMP meme coin.

Moroccan police have arrested Badiss Mohamed Amide Bajjou in Tangier, a key suspect in France’s crypto kidnapping cases. His arrest follows an Interpol Red Notice and the earlier capture of 25 associates. A second suspected mastermind remains at large.

Magic Eden confirmed a Trump wallet launch with a $1 million TRUMP token airdrop, but Eric and Donald Trump Jr. denied any involvement. The conflicting claims highlight the murky nature of the Trump family’s crypto ties, raising questions: was it a premature leak, a rogue move, or pure fabrication?

BitoPro was likely hit by a major hack but kept it quiet for over three weeks, staying silent about suspicious activity. Users are still reporting “stuck funds,” sparking concerns the exchange hoped the breach would go unnoticed.

French police have charged 25 young people over a series of attempted kidnappings targeting crypto executives and their families. Several attacks were linked, with suspects aiming to steal wallet details through threats and violence.

Two Russian crypto entrepreneurs were kidnapped in Buenos Aires and held for a $43,000 crypto ransom. They were assaulted and released within 24 hours after a friend paid. Interpol has issued a red notice for the suspects, who fled to the UAE.

A suspect in the crypto-linked kidnapping and torture of an Italian tourist in NYC has voluntarily surrendered, as the high-profile case continues to unfold.