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Bitcoin surges past $119K, marking a new all-time high and fueling a bullish market, while Satoshi Nakamoto's estimated wealth soars to $130B, ranking among the world's top 11 richest.

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Binance Co-Founder To Sue Bloomberg Again? CZ Refutes Trump Stablecoin Claims

BitcoinistSunday, July 13, 2025 at 11:00:52 AM
NegativeCryptocurrencycrypto-legal
Binance Co-Founder To Sue Bloomberg Again? CZ Refutes Trump Stablecoin Claims
Binance's former CEO Changpeng "CZ" Zhao is pushing back hard against a Bloomberg report that connected him to a stablecoin project tied to a crypto group associated with Donald Trump. CZ called the claims false and is threatening legal action—again—accusing Bloomberg of defamation. This isn’t the first time he’s clashed with the media giant.
Editor’s Note: When a high-profile figure like CZ threatens lawsuits over reporting, it’s more than just gossip—it’s a sign of how tense things are between crypto leaders and traditional media. Legal battles like this could shape how the industry is covered (and scrutinized) moving forward, especially with political ties in the mix. For crypto watchers, it’s another messy chapter in the ongoing trust war between big media and big crypto.
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BlockFi Administrator, DOJ Agree To End $35 Million Lawsuit — Details
Bitcoinist17 minutes ago
BlockFi Administrator, DOJ Agree To End $35 Million Lawsuit — Details
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BlockFi’s bankruptcy administrator and the DOJ have reached a deal to drop a $35 million lawsuit tied to an asset transfer, closing another contentious chapter in the crypto lender’s messy collapse. The agreement avoids a drawn-out legal fight but doesn’t erase the broader fallout from BlockFi’s 2022 implosion during the crypto market meltdown.
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