{"id":88132,"date":"2025-08-13T13:07:50","date_gmt":"2025-08-13T13:07:50","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=88132"},"modified":"2025-08-13T13:07:50","modified_gmt":"2025-08-13T13:07:50","slug":"nordfx-crypto-news-of-the-week-6-13-august-2025","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=88132","title":{"rendered":"NordFX Crypto News of the Week (6\u201313 August 2025)"},"content":{"rendered":"<p>\ud83d\udea8 <strong>Do Kwon Pleads Guilty<\/strong><br \/> Terraform Labs co-founder Do Kwon admitted guilt in U.S. federal court to fraud connected with the $40 billion TerraUSD\/Luna collapse. He agreed to forfeit over $19 million and faces sentencing in December, where prosecutors may seek up to 12 years in\u00a0prison.<\/p>\n<p>\u2696 <strong>Storm Verdict in Tornado Cash Trial<\/strong><br \/> Roman Storm, developer of the Tornado Cash crypto mixer, was found guilty of operating an unlicensed money-transmitting business. Jurors could not agree on money-laundering and sanctions-evasion charges, resulting in a partial mistrial. He remains free on $2 million bail while preparing an\u00a0appeal.<\/p>\n<p>\ud83d\udcc8 <strong>Crypto Summer IPO Success<\/strong><br \/> Bullish, the Peter Thiel-backed crypto exchange, priced its IPO at $37 per share\u200a\u2014\u200aabove expectations\u200a\u2014\u200araising over $1.1 billion and giving the company a valuation above $5 billion. Trading under the ticker BLSH begins this week, marking one of the largest crypto-sector listings in recent\u00a0years.<\/p>\n<p>\ud83d\ude80 <strong>Bitcoin Surge<\/strong><br \/> Bitcoin broke above $120,000 this week, gaining around 3% in August so far. The rally followed a U.S. executive order encouraging inclusion of crypto in retirement plans, sparking $572 million in inflows. Analysts note strong demand from both institutional investors and retail\u00a0traders.<\/p>\n<p>\ud83d\udc0b <strong>Whales Target Meme Coins<\/strong><br \/> On-chain data shows whales actively accumulating popular meme coins. Little Pepe (LILPEPE) presale is 91% complete, Pudgy Penguins (PENGU) and SPX6900 (SPX) are showing bullish chart setups, and activity in Dogecoin (DOGE), Shiba Inu (SHIB) and Bonk (BONK) is on the\u00a0rise.<\/p>\n<p>\ud83c\udf89 <strong>Fun Fact of the Week<\/strong><br \/> TRON founder Justin Sun took a literal step toward the moon\u200a\u2014\u200aby joining a suborbital space flight this week. His trip lasted just over 10 minutes but reached an altitude above 80 km, making him officially an astronaut.<\/p>\n<p>\ud83d\udce2 Stay tuned with NordFX to catch the latest market news, expert insights, and unique stories from the world of\u00a0crypto!<\/p>\n<p><a href=\"https:\/\/medium.com\/coinmonks\/nordfx-crypto-news-of-the-week-6-13-august-2025-29124655ff96\">\ud83d\udcf0 NordFX Crypto News of the Week (6\u201313 August 2025)<\/a> was originally published in <a href=\"https:\/\/medium.com\/coinmonks\">Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":"<p>\ud83d\udea8 Do Kwon Pleads Guilty Terraform Labs co-founder Do Kwon admitted guilt in U.S. federal court to fraud connected with the $40 billion TerraUSD\/Luna collapse. He agreed to forfeit over $19 million and faces sentencing in December, where prosecutors may seek up to 12 years in\u00a0prison. \u2696 Storm Verdict in Tornado Cash Trial Roman Storm, [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-88132","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/88132"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=88132"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/88132\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=88132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=88132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=88132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}