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ChainCatcher News: A New York man was sentenced by a US court to 15 months in prison and 3 years of supervised release for impersonating crypto influencers on Telegram and luring investors with fake staking returns. The 39-year-old Noman Saleem pleaded guilty to wire fraud in September 2025. According to prosecutors, he created multiple fake Telegram accounts, pretended to be well-known crypto KOLs, and attracted thousands of people to join his channels. He also set up paid “VIP sub-channels.” Saleem told victims they could receive “guaranteed returns” through crypto staking or investment opportunities, inducing many to transfer crypto assets into wallets he controlled. However, prosecutors stated that he did not actually carry out any staking activities, but instead stopped communicating after receiving the funds and took the victims’ assets. The case caused losses of over $1.4 million, and the US government has recovered and seized most of the funds.

According to Odaily, the US CFTC filed a lawsuit against the state of Kentucky on Tuesday, seeking to prevent the state from regulating prediction market platforms as illegal sports betting and gambling platforms, further establishing the federal government’s jurisdiction over prediction markets. Previously, Kentucky had filed lawsuits against platforms such as Kalshi and Polymarket last week, accusing them of operating unlicensed illegal sports betting and gambling businesses within the state. In the complaint submitted to the US District Court for the Eastern District of Kentucky, the CFTC stated that Kentucky’s attempt to shut down federally regulated designated contract markets interfered with the federal regulatory system established by Congress for the national swaps market. The agency asserted its “exclusive jurisdiction” over relevant event contracts and prediction market products. Kentucky has become the ninth state sued by the CFTC in prediction market regulatory disputes, indicating that conflicts between federal derivatives regulation and state level gambling regulation continue to intensify.

US President Trump has been praised for promoting the development of quantum computing, but experts warn that Bitcoin is currently not ready to handle the quantum threat. (Decrypt)