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18:05
Svmuu News: The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Trevor Vernon, a North Carolina man, and his company, Argent Capital Management LLC, alleging that they defrauded approximately 60 investors out of a total of $14 million through a fraudulent commodity pool.
According to a complaint filed by the CFTC on Tuesday with the U.S. District Court for the Western District of North Carolina, the commodity pool operated by Vernon and his company involved trading in various asset classes, including stock index futures options, stock index futures contracts, and crypto assets.
The CFTC alleges that Vernon falsely portrayed himself to investors as a “successful trader” through quarterly financial updates and monthly performance review emails, but in reality, he consistently incurred severe losses when trading with investor funds.
Regulators stated that Vernon incurred cumulative losses of at least $8.6 million in futures, options, and cryptocurrency trading. The CFTC said his actual trading results were “persistent and catastrophic losses,” which starkly contradicted the profitability he presented to investors.
18:04
Svmuu News: Payward, the parent company of Kraken, has prevailed in arbitration against its former auditor, Mazars USA, with the arbitrator ruling that Mazars must pay Payward $22 million. Payward is currently seeking confirmation of the arbitration award and a final judgment from the Delaware Court of Chancery.
The dispute stems from the height of “Operation Choke Point 2.0” in 2022. Payward claims that Mazars abruptly withdrew from an audit of Kraken that was nearly complete and had found no issues with the company; however, this action caused reputational damage to Kraken and forced it to spend years and incur substantial legal fees to clear its name.
Arjun Sethi, co-CEO of Payward, stated that audits are not a “favor” for crypto companies, but rather critical infrastructure for maintaining banking relationships, licenses, counterparty relationships, and regulatory trust. When an audit firm withdraws without any negative findings, it casts unwarranted suspicion on the company.
“Operation Choke Point 2.0” is the crypto industry’s term for regulatory pressure during the Biden administration, referring to the informal pressure U.S. regulators exerted on banks to restrict services to crypto firms following the FTX collapse. Sethi noted that the U.S. FDIC had sent at least 25 letters to 24 banks, instructing them to suspend or refrain from expanding crypto-related business. This ruling is also seen as a legal counterattack by the crypto industry against such regulatory pressure.
12:26
Svmuu News: Driven by the buzz surrounding SpaceX’s initial public offering (IPO), trading activity in the tokenized stock market reached a record high in June, with on-chain trading volume totaling $3.86 billion—a 145% increase from May.Of this total, trading volume for tokenized SpaceX shares reached $1.19 billion, accounting for approximately 31% of the total tokenized stock trading volume in June. The SPCX token, launched by Backpack Securities, became the most actively traded tokenized SpaceX stock product, with monthly on-chain trading volume reaching $1.08 billion.
Data shows that this growth was primarily driven by demand for SpaceX-related assets. Previously, SpaceX completed a $75 billion IPO—the largest in history—with a fully diluted valuation of approximately $1.8 trillion. NVIDIATraditional popular assets such as Tesla, the S&P 500 ETF (SPY), and the Nasdaq 100 ETF (QQQ) remained actively traded, but none matched the market enthusiasm surrounding SpaceX’s tokenized stock.In addition, the total market capitalization of the tokenized stock market rose to $1.53 billion in June, a 6.64% increase from the previous month, marking the 15th consecutive month of growth. (CoinDesk)
12:24
Svmuu News: Market Report: Microsoft (MSFT.O) is replacing models from OpenAI and Anthropic with its own AI models in some applications. (Jin Shi)
12:17
Svmuu News: The U.S. Energy Information Administration (EIA) released its Short-Term Energy Outlook report, which noted that on June 18, the United States and Iran signed a memorandum of understanding to end the conflict and reopen the Strait of Hormuz. Following the signing of the agreement and the increase in traffic through the strait, we have raised our forecast for global oil production for the remainder of the year. We now expect that most crude oil production will return to near-pre-conflict average levels by the end of this year, and that the majority of shut-in crude oil production will resume in the first quarter of 2027. (Jin Shi)
12:05
Svmuu News: EIA Short-Term Energy Outlook Report: WTI crude oil prices are projected to reach $76.26 per barrel in 2026, down from the previous forecast of $88.32 per barrel. The WTI crude oil price for 2027 is projected at $60.76 per barrel, down from the previous forecast of $74.39 per barrel. The Brent price for 2026 is projected at $81.91 per barrel, down from the previous forecast of $95.39 per barrel. The 2027 Brent price is projected at $64.76 per barrel, down from the previous forecast of $79.39 per barrel. (Jin Shi)
12:04
Svmuu News: Anthropic announced that Claude Cowork will be coming to mobile and the web, and will also extend the double collaboration (Cowork) quota for Claude Code through August 5.
11:53
Svmuu News: According to official reports, predict.fun, a prediction market platform within the BNB ecosystem, has announced the launch of institutional-grade bulk trading functionality. This feature provides off-chain matching and on-chain settlement services for large-volume transactions on the platform, enabling institutional users to conduct large-scale prediction market trades. Through this dedicated matching service, buyers and sellers can directly pair with counterparties to execute large orders via single peer-to-peer (P2P) transactions, thereby avoiding issues such as slippage, insufficient liquidity, and position exposure commonly associated with traditional order book trading. It is reported that predict.fun will waive all fees related to over-the-counter (OTC) transactions for the next two weeks.
11:48
Svmuu News: Adam, a macro researcher at Greeks.live, posted on X that the rally appears to be losing steam. There has been a sudden surge in trading of bulk call options today, and combined with a decline in implied volatility, large investors have begun selling call options, with the current-month call options being heavily sold off. and margin released from the June quarterly settlement is rapidly being converted into short positions amid the rally. He suggested that traders might consider selling some 0.3-delta call options, such as the $66,000 call option for the following week.
11:45
Svmuu News: According to OKX market data, BTC has broken through 64,000 USDT and is currently trading at 64,013.4 USDT, up 1.81% over the past 24 hours.
11:42
According to PPP’s prediction market monitoring, in the Polymarket World Cup prediction event for the Argentina vs. Egypt match, the address “swisstony”—which had earned $2.4 million over the past 7 days—purchased $710,000 worth of bets on Egypt not winning in regulation time.
Address: 0x204f72f35326db932158cba6adff0b9a1da95e14
Join the PPP signal push community to stay one step ahead and seize opportunities first.
11:40
According to PPP’s prediction market monitoring, in the Polymarket event predicting the total goals in the Argentina vs. Egypt match, the address “Sparkling8899”—which had earned $2 million over the past 7 days—purchased $1.27 million worth of bets on the total goals in the Argentina vs. Egypt match being less than 2.5. However, this address has also incurred a total loss of $1.64 million.
Address: 0x2e25b222e2080c377fc1fb2b9f926315f0f4d49e
Join the PPP signal push community to stay one step ahead and seize opportunities first.
11:35
Svmuu News: Sui announced on Platform X that the WaterX_app Predict Festival is now live. The festival will feature a month-long prediction event on Sui, including daily predictions, treasure chest rewards, and real U.S. dollar prizes.
11:26
Svmuu News: Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), issued a statement on the 2026 regulatory agenda, noting that the agency will continue to advance a series of regulatory reforms. These include adapting the regulatory framework to the current market environment, actively embracing innovation and new technologies, and implementing President Donald Trump’s goal of “making the U.S. the global capital of crypto,”facilitating the launch of more crypto-related products in the U.S. market, establishing clear rules for crypto asset financing, and providing guidance to market participants on on-chain custody and the promotion of on-chain tokenized securities trading.
Regarding capital market reforms, the SEC will advance its “Make IPOs Great Again” initiative by reforming disclosure requirements and reducing compliance costs for companies going public, thereby encouraging more companies to enter the public market while maintaining necessary investor protection measures.
11:25
Svmuu News: According to market reports, U.S. Democratic Senator Warren is pressuring the U.S. Department of Defense and artificial intelligence companies to disclose contract information. (Jin Shi)
11:23
Svmuu News: Macquarie has initiated coverage of SpaceX (SPCX.O) with an “Outperform” rating and a price target of $250. (Jin Shi)
11:20
Svmuu News: Bloomberg ETF analyst Eric Balchunas posted on X that he released a report today—one he had been working on for several months—suggesting that the U.S. stock market may have become too large and too important, essentially serving as the nation’s retirement fund and potentially even a source of support for Social Security, which is projected to run out of funds in less than 10 years.Currently, 55% of Americans hold stocks, the highest level globally;With “Trump Accounts” bringing an additional 28 million Americans into the ranks of stockholders, the vast majority of people—including the top 1% who hold half of the U.S. stock market, as well as the middle class and low-income groups—will have a direct financial stake in the health of the stock market. Since they are all voters, the political pressure to prevent the stock market from entering a prolonged bear market will be very strong.
Eric Balchunas believes that Federal Reserves are likely to buy stock ETFs to prop up the market during the next major downturn, and that this will become common practice in the future—China and Japan have already done so—with Federal Reserves potentially even buying to target specific sectors or companies with capital expenditures.He noted that this is a major variable, but one that experts tend to overlook—and it is the reason bears have been repeatedly suppressed. Investors have recognized this, as evidenced by continued ETF inflows during market pullbacks and a survey of 1,000 people in which three-quarters of respondents believed Federal Reserve would bail out the market during the next crisis.He noted that this is merely one of the byproducts of the expansion in money supply and debt currently taking place globally—and particularly in the United States—and that it currently appears irreversible.
11:19
Svmuu News: According to GMGN market data, TAC has plummeted by 70% in a short period and is currently trading at $0.008.
Svmuu reminds investors that meme coins are subject to extreme price volatility, are largely driven by market sentiment and trending events, and lack underlying intrinsic value; investors should be aware of the risks involved.
11:13
Svmuu News: According to GMGN market data, the market cap of the BSC-based meme coin bibi briefly surpassed $16 million and is currently trading at $16.32 million, marking an intraday surge of more than 17 times.
Svmuu reminds investors that meme coin prices are highly volatile, driven largely by market sentiment and trending events, and lack underlying intrinsic value; investors should be aware of the risks involved.
11:12
Svmuu News: Cryptocurrency exchange Gemini announced the launch of a zero-commission stock trading service in most U.S. states, further expanding its traditional financial services and moving toward its goal of becoming a “one-stop financial super app.”
Gemini stated that the service is currently unavailable to users in Alabama, Arkansas, Illinois, Massachusetts, Texas, Puerto Rico, the District of Columbia, and Guam. Real-time market data will be provided by Nasdaq. (The Block)

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