The SEC has charged Texas resident Nathan Fuller over an alleged $12.3 million AI crypto arbitrage scheme that promised triple digit returns …
Texas
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Markets
SEC sues Texas man over $12.3 million alleged crypto scheme built on fake AI trading bots
by shayaanby shayaanFuller allegedly diverted $6.2 million for personal use and $5.5M for Ponzi-like payments; only 3% of funds went to crypto trading. www.coindesk.com
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Markets
Wall Street gets new crypto rival after Texas bank completes regulatory pivot
by shayaanby shayaanBy establishing a national charter under the executive branch, United Texas Bank said it intends to enable AI-driven payment rails to intercept …
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Industry-backed PACs supported Democratic and Republican candidates alike, underscoring digital assets’ growing role as a cross-party electoral force. www.coindesk.com
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SpaceX plans an initial $55 billion Terafab chip and AI megafactory in Grimes County, Texas, as part of Elon Musk’s broader Austin-centered …
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In brief Nine Texas residents sued MARA over noise, health impacts, and property value losses. The complaint details alleged physical, psychological, and …
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The Fellowship political action committee (PAC), which launched claiming to have more than $100 million from crypto-aligned backers, has reportedly backed out …
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The crypto-aligned Fellowship political action committee (PAC), led by stablecoin issuer Tether’s head of government affairs, reported spending more than $3 million …
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Mining
Soluna Holdings Expands Blockware Partnership to Wind-Powered West Texas Site, Topping 17 MW
by shayaanby shayaanKey Takeaways: Soluna Holdings and Blockware signed a 4th expansion deal, adding 3.3 MW at Project Dorothy 1B in West Texas. Blockware …
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Regulation
Texas Lt. Gov. lists crypto, prediction markets in charges for lawmakers
by shayaanby shayaanDan Patrick, Lieutenant Governor and President of the Senate in Texas, has included a study of prediction markets and crypto and blockchain …