Here’s what happened in crypto today
Tornado Cash co-founder Roman Storm’s lawyers might pursue a mistrial due to questioned testimony from a government witness related to the crypto mixer. Storm, facing severe charges including money laundering conspiracy, risks a lengthy prison sentence. In other news, crypto custodian BitGo has filed for an IPO in the U.S., aiming to expand its operations after growing its assets under custody to over $100 billion in 2025. This filing reflects the industry's ongoing pursuit of mainstream financial integration. Additionally, cryptocurrency investment products saw record inflows of $4.4 billion last week, with Bitcoin and Ethereum both achieving significant price milestones. Bitcoin reached a peak of approximately $122,000, while Ethereum's surge past $3,500 marked its best performance since January. This momentum highlights the increasing interest and confidence in cryptocurrency investments as Ether ETPs in particular noted substantial inflows.
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