Bankless ROLLUP: $3B ETH Whale | Roman Storm Verdict | Trump 401(k) Crypto Order
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Aug 8, 2025 Dive into the thrilling world of cryptocurrency where a prominent ETH holder makes waves with a $3 billion buying spree. Discover how the Roman Storm verdict could shape DeFi and what Trump's groundbreaking 401(k) crypto order means for investors. Explore the implications of SEC rulings on liquid staking tokens and laugh along with the hosts as they address a quirky, banned crypto ad. Plus, hear about the launch of a ZK Prover Network and the vital role of Layer 2 solutions in Ethereum's future!
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Tom Lee's ETH Buying Spree
- Tom Lee's Bitmine Immersion became the largest known ETH holder with $3 billion purchased recently.
- There's an intense race among ETH treasury companies to claim dominance in that sector.
Crypto Culture in Williamsburg Subway
- David Hoffmann spotted ETH graffiti in Williamsburg and saw SBET gains notification on a stranger's phone.
- This anecdote signals growing grassroots enthusiasm for Ethereum treasury companies.
Roman Storm Verdict's Dual Impact
- Roman Storm was found guilty on a money transmitter count but the jury was deadlocked on major conspiracy counts.
- His case sets a dangerous precedent but opens a chance for stronger legal protections for open source crypto developers.