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The DOJ's Stance on DeFi Sparks Industry Concerns Over Liability The Department of Justice's actions against DeFi developers raise concerns about liability and control, prompting calls for clearer legal definitions and policy reform. #Bitcoin $BTC

Two men, including the son of crime boss Thomas 'Bomber' Kavanagh, who were involved in a plot to plant firearms and ammunition in a bid to reduce the crime boss's prison term have been sentenced following a National Crime Agency investigation. Jack Kavanagh, 24, from Tamworth, was extradited to the UK from Spain after his arrest in May 2023 at Malaga Airport by officers from the Spanish National Police as he was transiting from Dubai to Turkey. He was escorted back to the UK by a team of officers from the NCA's Joint International Crime Centre (JICC) in November. Peter Keating, 43, from Dublin, Ireland, was extradited to the UK from Dublin in November to face charges of conspiracy to possess and transfer firearms and conspiracy to pervert the course of justice. He is already serving a prison sentence in Ireland.

Two men, including the son of crime boss Thomas 'Bomber' Kavanagh, who were involved in a plot to plant firearms and ammunition in a bid to reduce the crime boss's prison term have been sentenced following a National Crime Agency investigation. Jack Kavanagh, 24, from Tamworth, was extradited to the UK from Spain after his arrest in May 2023 at Malaga Airport by officers from the Spanish National Police as he was transiting from Dubai to Turkey. He was escorted back to the UK by a team of officers from the NCA's Joint International Crime Centre (JICC) in November. Peter Keating, 43, from Dublin, Ireland, was extradited to the UK from Dublin in November to face charges of conspiracy to possess and transfer firearms and conspiracy to pervert the course of justice. He is already serving a prison sentence in Ireland.  Jack Kavanagh Both Kavanagh and Keating were part of a trusted group who obtained guns and ammunition while Kavanagh's dad, Thomas, was on remand for drugs offences. Over the course of 18 months, the men worked with Shaun Kent and Liam Byrne using the encrypted messaging platform Encrochat to source the deadly haul. They hoped that by burying the weapons in countryside in Newry, Northern Ireland, Thomas Kavanagh would be able to lead officers to them and negotiate a lesser sentence for his crimes. In reality, NCA officers had seen their Encrochat conversations and uncovered the role each man had played in the conspiracy. Jack used the handle 'BasilBadger' and 'ThiLive' and had numerous conversations with Liam Byrne and Shaun Kent to obtain firearms for use in the conspiracy and was referred to as 'Junior' in other chats between the two. In one message, Jack indicates the urgency of obtaining the guns due to his dad being in prison: "Pressure in there is another level, 23 hours a day and can't even get on the basher himself. And then waiting on this court date and then waiting on these other yokes [guns]. Madness'. In other messages he asks 'what's d crack wit them other things [firearms] coming' and that 'he [Thomas] requires everything ready once this virus f***** off', and announces a 'big change of plan' to get 14 weapons through two contacts and that 'he [Thomas] wants them passed by this time next week'.

⚡️FBI Conducts Search at Polymarket CEO's Residence The FBI recently executed a search at Polymarket CEO Shayne Coplan’s home, seizing his phone and other electronics. The U.S. Department of Justice is investigating Polymarket for allegedly allowing U.S. users to place bets on the presidential election outcome—a practice considered illegal. While the FBI confirmed it acted under a court warrant, no further details were disclosed. An anonymous Polymarket representative suggested the raid might be politically motivated, noting Polymarket's predictions showed favorable odds for Donald Trump, diverging from traditional public polling.

According to Decrypt, the U.S. Department of Justice seeks to seize approximately $160 million worth of crypto assets related to FTX. After a year-long investigation, the Department of Justice filed a civil forfeiture lawsuit with the court, targeting a Binance account containing SOL, ICP, AVAX, XRP, and ADA, of which SOL accounts for the largest proportion, approximately $85 million.