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Sonic Labs wins judgment for Multichain Foundation to wind up

A Singapore High Court has ruled in favor of Sonic Labs’ motion to force the Multichain Foundation to wind up in an effort to recover funds stolen during a 2023 hack.
In the May 9 judgment in the Singapore Supreme Court, Justice Kwek Mean Luck granted a request from Sonic Labs, formerly the
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Chainalysis CEO offers a clue into the recent spate of Paris crypto attacks

Some criminal organizations are yet to receive the memo — crypto is traceable — and could explain the recent string of crypto-related kidnappings, says Chainalysis CEO Jonathan Levin
Law enforcement has been increasingly successful at tracing stolen funds and crypto ransom payments, resulting in a
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Dems seek suspicious activity reports linked to Trump crypto ventures

US Democrat lawmakers have sent a letter to the US Treasury demanding access to suspicious activity reports (SARs) on several Trump-backed crypto projects as part of the latest probe into the president’s digital ventures
Penned by representatives Gerald Connolly, Joseph Morelle, and Jamie
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3 reasons why Ethereum price could rally to $5,000 in 2025

Key takeaways:
A longer-term ETH price rally is dependent on SEC approval of in-kind ETF creation and staking to attract more investors.
AI adoption and Ethereum layer-2 growth must drive onchain activity to restore the network’s deflationary burn mechanism.
Ether (ETH) surged 43.6% between
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Ethereum Foundation unveils security initiative to supplant legacy systems

The Ethereum Foundation has launched a security initiative aimed at supporting the broader adoption of onchain technologies, according to a May 14 announcement. The effort is part of an ongoing push to strengthen Ethereum's role in programmable digital assets.
Fredrik Svantes, a protocol security r
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New York has 'outsized role to play' in crypto ecosystem — State regulator head

Adrienne Harris, the head of the New York State Department of Financial Services (NYDFS), said New York has an “outsized role to play” in the crypto ecosystem, particularly in shaping regulatory frameworks for digital assets.
During a panel on May 14 at Consensus 2025 in Toronto, she said the NY e
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Price predictions 5/14: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX

Key points:
Bitcoin remains above $100,000, but buyers are struggling to sustain prices above $105,000.
Strong altcoin performances suggest an altseason has started.
Bitcoin (BTC) is trading above $103,000, with buyers attempting to drive the price to the all-time high of $109,588. Research
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These five crypto figures vanished, died or fooled us all

Zerebro developer Jeffy Yu has been found alive at his parents’ home in San Francisco, days after faking his suicide on a livestream that launched a supposed posthumous memecoin past $100 million.
Yu’s case isn’t the first time crypto has blurred the line between real death, faked death and
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