June 7, 2025

U.S. News

Crypto

Crypto crime spills over from behind the screen to real-life violence

HARTFORD, Conn. (AP) — A man says he was tortured for weeks in a New York townhouse. Another in Paris was held for ransom and his finger cut off. A couple in Connecticut were carjacked, beaten and thrown into a van. All, authorities allege, were victims tied to cryptocurrency-related crimes that have spilled out from

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Crypto

Kidnapped cryptocurrency holder highlights “wrench attacks” for digital assets

“Criminal groups already comfortable with using violence to achieve their goals were always likely to migrate to crypto,” Ariss said. Some of the crypto’s key characteristics help explain why wealthy individuals who hold a lot of digital assets can be ripe targets for such attacks. Get Starting Point A guide through the most important stories

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Finance

Trump’s tariffs will test unity among allies at G7 finance ministers’ summit

The Trump administration has reached an initial trade deal with one G7 member, the United Kingdom, and is engaged in talks with Japan and the European Union. But Canada still faces 25% duties on many of its exports to the United States, including autos, and the other three G7 members — France, Germany, and Italy

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Investment

Elon Musk’s pullback from politics comes after his last big investment was a flop

Democrats in the swing state said Musk’s comments show that a party-led effort in this spring’s election, dubbed ” People vs. Musk, ” succeeded in making Musk and his money “toxic.” “The people have won,” said Wisconsin Democratic Party Chairman Ben Wikler. “The biggest funder in Republican politics is taking his toys and going home.”

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Crypto

Bitcoin and other cryptocurrencies see prices fall amid global market turmoil

After holding relatively stable during last week’s global market turmoil, cryptocurrencies have joined the sell-off. Bitcoin, the world’s most popular cryptocurrency dipped below $75,000 Monday morning before seeing a slight rebound. Bitcoin’s prices haven’t been this low since just after President Donald Trump’s Election Day victory last year launched a bull run in crypto prices.

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Investors

Trump to hold meeting on possible investors to buy TikTok with possible ban at stake

LOS ANGELES — President Donald Trump will hold a Wednesday meeting with aides about possible investors who could buy a stake in TikTok, a deal that could potentially stop the social media site from being banned in the United States. The details of the meeting were confirmed by a person familiar with the situation who

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