In this weekly recap, we cover:

• Circle’s IPO and BlackRock’s Interest: The USDC issuer targets $600 million in a public listing, while BlackRock eyes a major stake.
• Sui Network’s Controversial Vote: Validators consider overriding wallet controls to recover $160 million from a recent exploit.
• Mango Markets Fraud Case Overturned: A judge rules New York prosecutors lacked venue in the Eisenberg case.
• Bitcoin Torture Plot in Manhattan: A crypto investor is charged with kidnapping and brutal assault over wallet access.
• Arkham Doxxes Strategy Wallets: After Michael Saylor rejects proof-of-reserves, Arkham claims to reveal $54.5B in BTC addresses.
• Bankman-Fried’s Early Release Possibility: The former FTX CEO could shave four years off his 25-year sentence.
• Bitcoin Reserves Go Global: Pakistan launches a sovereign BTC reserve as the US explores budget-neutral expansion.
• Cobie’s Sonar Platform Goes Live: Echo’s new tool aims to revive ICOs with a compliance-first approach.
• $87M to $13 in Days: One trader’s meme coin gains vanish in a record-setting collapse.