Today in crypto, significant developments include a settlement in a $35 million crypto asset transfer lawsuit involving BlockFi and the US Department of Justice (DOJ). The lawsuit sought to transfer funds from BlockFi accounts tied to two Estonian citizens in an unrelated criminal case. The agreement was approved by a bankruptcy judge in New Jersey. In another update, US-based spot Bitcoin ETFs reported over $1 billion in inflows for back-to-back days for the first time since their January 2024 launch, totaling $1.03 billion on Friday. Lastly, Binance is alleged to have helped develop the stablecoin for World Liberty Financial (WLF), a company associated with former President Donald Trump. Reports suggest that Binance facilitated this stablecoin's creation and played a role in its transactions, with a substantial amount of the new coins remaining in Binance's wallets, potentially accruing significant interest for Trump's family.

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