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      KLEA Crypto Daily: Saturday, August 23, 2025

      Here’s a look back at the key stories from August 23, 2025.

      Court Confirms Ripple v SEC Case Closure, Locking in XRP’s Legal Status

      XRP’s legal status is solidified as the court finalizes appeal dismissals, concluding Ripple and SEC challenges and establishing a significant precedent in U.S. crypto regulation history.


      Custodia Bank CEO Warns of TradFi Firms Facing First Crypto Winter

      Caitlin Long highlights potential challenges for traditional finance firms due to mismatches between legacy systems and real-time settling blockchain protocols, signaling a possible impact on TradFi entities.


      Thai Police Arrest South Korean in $50 Million Crypto-to-Gold Laundering Case

      Thai authorities arrested a 33-year-old South Korean man accused of helping a call center syndicate launder more than $50 million in cryptocurrencies by converting them into gold. The suspect faces charges of fraud, money laundering, computer crimes, and participation in a criminal syndicate.


      Cryptocurrency Market Cap Tops $4 Trillion on $250 Billion Daily Surge

      The combined value of publicly traded cryptocurrencies rose above $4 trillion on 22 Aug.


      ‘Cluster’ of Amended XRP ETF Filings Roll in as Ripple Seals SEC Case Dismissal

      A flurry of asset managers submitted amended registration statements for XRP exchange-traded funds after a federal appeals court formally dismissed the US SEC’s case against Ripple Labs, signaling a positive outlook for XRP ETFs.


      © 2025 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud