Ripple Expands, Cybercrime Crackdown, Tether Partnerships: Top Crypto Stories of the Week

Sunday, Aug 24, 2025 4:02 pm ET1min read

This week in crypto, Ripple partnered with SBI Holdings to bring RLUSD to Japan, global authorities cracked down on cybercrime, and regulators pushed forward with "crypto sprint" initiatives. Interpol coordinated Operation Serengeti 2.0, resulting in over 1,200 arrests and $97.4 million in confiscated assets. VanEck submitted a JitoSOL ETF application, and the CFTC advanced its crypto sprint initiative. Other notable events included a $91 million social engineering scam, South Korea preparing stablecoin frameworks, DBS Bank tokenizing structured notes on Ethereum, and the Winklevoss twins increasing political contributions. SharpLink Gaming made its largest Ethereum purchase, and SkyBridge Capital plans to tokenize $300 million in assets.

Ripple Expands, Cybercrime Crackdown, Tether Partnerships: Top Crypto Stories of the Week