US Sanctions Xinbi Guarantee: The Trump administration and DOJ hit the Chinese-language Xinbi Guarantee Telegram marketplace, freezing over $52M and seizing Telegram channels and crypto wallets tied to scam centers. Cybercrime Crackdown: Treasury also sanctioned SafeW Technology and Anwen Technology for supporting Xinbi, with claims Xinbi processed $24B+ in illicit digital assets and fiat. Liquid Network Extortion: Blockstream-linked Liquid sidechain hackers demanded a 10% bounty, returning 3,400 BTC after draining nearly 4,000 BTC, leaving 598.5 BTC in dispute. Crypto Fraud Sentencing: A Wisconsin man got 8 years for a $14.25M investor fraud scheme that promised 20%+ returns while misusing funds. Circle Pushes USDC Payments: Circle agreed to buy Tazapay for $400M, aiming to expand USDC settlement across 100+ markets with $25B+ in annualized volume. Illinois Tax Fight: Crypto industry groups seek to block Illinois’ 0.2% digital asset tax via a preliminary injunction ahead of Jan. 1, 2027. AI Meets Crypto Security: LayerZero shipped a post-quantum security building block (Akita) and a16z Crypto unveiled a faster zkVM (Lattice Jolt) to prepare for quantum threats. Memecoin Chaos: Hunter Biden’s $LAPTOP token briefly surged then crashed 99% in hours, underscoring how fast memecoin launches can unwind.