Fashion-Tech CEO Allegedly Defrauded $300,000,000 From Investors Through Fabricated Documents and False Claims: DOJ

2025-07-21 17:26:56

Description

The U.S. Department of Justice (DOJ) is charging a fashion tech CEO for allegedly defrauding investors of hundreds of millions of dollars by lying about its profits. In a new press release , the DOJ says it’s charging 48-year-old Christine Hunsicker of New Jersey – the CEO and founder of clothing tech firm CaaStle – with numerous crimes after she allegedly forged documents to make it appear as if the firm was financially healthy. Authorities say that Hunsicker knew that CaaStle was in financial ...

>> go to origin page

Tags:
Regulators Scams, Hacks & Breaches CaaStle crime Crypto DOJ fraud News regulators

$BTC

$117184.5

-0.10%

The Daily Hodl

dailyhodl.com

Latest News

Analyst Benjamin Cowen Issues Altcoin Warning, Predicts Alts Will Now ‘Bleed’ Against Ethereum2025-07-22 00:11:05
Venture Capital Firms Launch $360,000,000 Crypto Treasury Company Focused on Arthur Hayes-Backed Ethena (ENA)2025-07-21 22:05:22
Ethereum Leads Record $4,390,000,000 Inflows to Institutional Crypto Products: CoinShares2025-07-21 20:09:45
JPMorgan Chase Forced To Halt $1,100,000,000 Lawsuit Against Fintech Firm Execs, Court Rules: Report2025-07-21 20:07:55
$44,200,000 Vanishes From Crypto Exchange After Internal Account Compromised in Server Breach2025-07-21 19:02:22

LD Capital Founder Foresees Altcoin Surge in Bull Market Rotation Pattern

2025-07-20 09:30 （2 days ago）

LD Capital founder has identified a recurring market rotation pattern in the ongoing cryptocurrency bull cycle, forecasting significant upside for altcoins following Bitcoin's momentum. The investment firm's analysis observes that capital systematically flows from Bitcoin into alternative cryptocurrencies during distinct bull market phases. This rotation reflects shifting investor behavior as market participants diversify into smaller-cap assets after initial large-cap gains....

Corporate Giants Invest $953 Million in Bitcoin, Signaling Strong Institutional Adoption

2025-07-21 14:53 （11 hours ago）

Public companies significantly bolstered their Bitcoin reserves last week, collectively investing $953 million into the leading cryptocurrency. This substantial outlay underscores a key trend of growing institutional interest and strategic treasury management diversification into digital assets. The purchases were led by major player Strategy, which acquired 6,220 BTC valued at approximately $739.8 million. This significant addition brings Strategy's total Bitcoin...

Ethereum Tests Pivotal $3,766 Resistance Amid Sustained Rally

2025-07-20 15:29 （1 day ago）

Ethereum continues to exhibit bullish momentum as it approaches a decisive resistance threshold near $3,766, powered by substantial trading volume and robust technical indicators. The cryptocurrency has posted significant gains, rising 5.41% over 24 hours and 24.77% over the past week, underscoring growing market confidence. The asset recently surged past $3,750 to establish a new 2025 high, registering a 6.14%...

Binance to Temporarily Suspend Shentu (CTK) Deposits and Withdrawals for Network Upgrade

2025-07-21 06:57 （19 hours ago）

Binance will temporarily suspend deposits and withdrawals of Shentu (CTK) tokens starting July 22 at 12:00 UTC to facilitate the project's upcoming network upgrade. The suspension is a standard protocol implemented to safeguard against potential risks during blockchain transitions and hard forks. Users are strongly advised to complete all necessary CTK transactions before the designated cutoff time to avoid disruptions....

Ethereum Celebrates 10th Anniversary with NFT Torch Event Amid Market Revival

2025-07-20 22:00 （1 day ago）

Ethereum has launched a commemorative NFT torch relay to celebrate its 10-year milestone, symbolizing the network's enduring community spirit. The interactive event encourages participants to pass a digital torch before culminating in a final commemorative NFT mint. The blockchain's NFT market experienced a dramatic 300% trading volume surge over two weeks, reaching $75 million in weekly transactions. This accounted for...

XRP Market Cap Surges $40 Billion Fueled by ETF Approval and AI Bullish Forecasts

2025-07-21 07:28 （18 hours ago）

XRP experienced a significant market capitalization surge exceeding $40 billion within a single week, propelling its price to an all-time high of $3.49. This dramatic growth is primarily attributed to heightened institutional interest and the landmark approval of ProShares' XRP Futures ETF. Adding to the bullish sentiment,-driven-driven analysis from ChatGPT projected potential year-end price targets between $5 between $5 and...

Altcoin Season Speculation Heats Up as Bitcoin Stalls Below $120K, XRP Tops McDonald’s Market Cap

2025-07-21 17:46 （8 hours ago）

Bitcoin's prolonged stagnation below the $120,000 psychological barrier is fueling widespread speculation about the emergence of a new altcoin season. Major alternative cryptocurrencies including Solana (SOL) and Dogecoin (DOGE) have registered substantial gains during this period, while XRP achieved a significant milestone by surpassing McDonald's market capitalization — highlighting growing investor appetite beyond Bitcoin. Market dominance metrics underscore this shift,...

Shiba Inu Whale Activity and Technicals Signal Potential Price Upside

2025-07-20 10:07 （2 days ago）

Significant Shiba Inu (SHIB) whale movements and positive technical indicators are pointing towards a potential continuation of the meme coin's upward momentum, according to market observations. Recent blockchain data revealed exceptionally large transfers exceeding 615 trillion SHIB tokens. This substantial whale activity is generally interpreted as a precursor to heightened price volatility in the cryptocurrency. Technically, SHIB is currently testing...

Unverified Bitcoin Fee Cut Rumors Spark Market Caution Amid Lack of Consensus Validation

2025-07-20 00:22 （2 days ago）

Unconfirmed reports regarding a potential 90% reduction in Bitcoin's minimum transaction fee rate have surfaced in cryptocurrency circles, though no bitcoin core developers or affiliated organizations have substantiated these claims. Market analysts warn that speculative trading based on such unverified information could amplify Bitcoin's short-term price volatility. Trading platforms have observed increased activity following the rumors despite the absence of...

REX-Osprey SOL Spot ETF Sees $11.4 Million Daily Inflow, Cumulative Total Nears $93 Million

2025-07-19 01:35 （3 days ago）

The REX-Osprey SOL spot ETF registered a net inflow of $11.4 million on July 19, pushing its cumulative net inflow to $92.8 million after market hours. This sustained capital influx underscores rising investor confidence in Solana's blockchain ecosystem. The ETF continues attracting institutional and retail investors seeking regulated exposure to SOL's price movements without direct asset custody. The accelerating adoption...

Regulatory Oversight Looms for FTX Bahamas Claims Process

2025-07-19 09:18 （3 days ago）

The ongoing claims process for creditors impacted by the collapse of FTX's Bahamas-based entities may now fall under the scrutiny of regulatory bodies in the United Kingdom and the European Union. Legal experts suggest that claimants could be subject to applicable legal frameworks governing cross-border insolvency cases. This potential extension of jurisdiction stems from complexities inherent in the international reach...

MicroStrategy Acquires 6,220 Bitcoins in Latest Weekly Accumulation Move

2025-07-21 12:14 （13 hours ago）

MicroStrategy has purchased an additional 6,220 Bitcoin between July 14 and July 20, reinforcing its corporate strategy of cryptocurrency accumulation. The company completed the transactions at an average price per Bitcoin, though exact pricing details remain undisclosed. This acquisition marks a continuation of MicroStrategy's longstanding approach to treating Bitcoin as a core treasury reserve asset. The purchase timeframe reflects the...