KPMG completed the first full financial audit ever conducted on Tether, confirming a surplus of $6.81 billion for the USDT issuer. Forty Wall Street giants, including JPMorgan, Goldman Sachs and Citadel, tested real-world tokenization during a coordinated trial. The manager of South Korean platform Delio was sentenced to 15 years in prison for diverting $50 million while promising a 10% yield. Bitcoin fell below the $63,000 threshold again, triggering $227 million in liquidations within hours. Bybit filed lawsuits against North Korea and the Lazarus Group, 18 months after the $1.5 billion hack.
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