From Cointelegraph.com

May 5, 2025 9:17 PM:

Samourai Wallet’s founders were charged after prosecutors allegedly suppressed advice from FinCEN stating they didn’t need a license. The government claimed the platform facilitated over $2 billion in illegal transactions. Rodriguez and Hill pleaded not guilty. Lawyers are seeking a dismissal, citing lack of fair notice. Prosecutors and Samourai requested more time for potential case dismissal.

Read more at Cointelegraph.com

1. Bitcoin reaches new all-time high of $60,000, driven by increased institutional interest and mainstream adoption. Market cap surpasses $1 trillion for the first time. Experts predict further growth as more companies invest in cryptocurrency.

2. Ethereum also hits record high, breaking $2,000 mark. Surge attributed to growing interest in decentralized finance (DeFi) applications and upcoming network upgrades. Network congestion leads to higher gas fees but does not deter investor enthusiasm.

3. Ripple faces legal challenges as SEC files lawsuit alleging XRP is unregistered security. Ripple CEO denies allegations and vows to fight back in court. Impact on XRP price remains uncertain as investors await resolution of legal battle.: Samourai Wallet says feds hid advice that crypto mixer was in the clear