The lines between crypto, AI, and geopolitics keep getting blurrier.

Today's biggest stories span courtrooms, code editors, and ceasefire negotiations.

Justin Sun is picking a legal fight with a Trump-backed DeFi project. SpaceX wants to spend $60B on a coding tool. And Anthropic lost control of its newest AI model.

The common thread: who actually holds power, and what happens when they lose it.

Justin Sun sues Trump-linked World Liberty over frozen tokens and stripped governance rights

TRON founder Justin Sun filed a federal lawsuit in California against World Liberty Financial.

Sun alleges the DeFi project, backed by Eric and Donald Trump Jr., froze his WLFI tokens and revoked his governance rights without cause.

If a project's biggest investor can get locked out overnight, smaller holders should be paying attention.

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Markets

Bitcoin breaks out of months-long range on Iran ceasefire extension

Trump extended the US ceasefire with Iran hours before the two-week deal was set to expire.

The move gave risk assets a jolt. Bitcoin escaped the $65K-$75K range it had been trapped in since early February.

Traditional markets followed suit, with the S&P 500 and Nasdaq both climbing on Wednesday morning.

BTC traded near $79K, ETH climbed to $2,400, SOL rose to $89, and XRP held near $1.45.

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Anthropic investigates unauthorized access to its Mythos AI model

A small group of unauthorized users gained access to Anthropic's powerful Mythos Preview model.

The breach happened just two weeks after the model was publicly announced. Over 99% of vulnerabilities Mythos identified remained unpatched at the time.

If the company building AI safety tools can't secure its own model, that's a credibility problem.

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SpaceX locks in $60B deal to acquire Cursor in Musk's coding AI push

SpaceX agreed to buy AI coding tool Cursor for $60B later this year.

The deal pairs SpaceX's engineering scale with Cursor's code-generation tech. Musk's stated goal: build the world's best coding and knowledge-work AI.

That price tag signals AI-powered software development is no longer a niche bet.

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On Our Radar

Liquidity gets a makeover: BitGW's single-sided AMM is reshaping how crypto swaps work*.

Robinhood goes all-in: The trading app's VC arm just dropped $75M on OpenAI stock.

Crypto's New Landlord: Uzbekistan is betting big on tax-free mining to lure investors.

_*sponsored

ICYMI

Meme of the Day

That’s your briefing. Catch you next time.

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