In brief Since May 7, Empery Digital sold 1,400 Bitcoin for about $87.1 million, slashing its BTC treasury by nearly half. The firm repaid $10 million in debt, funded a pending property acquisition, and covered legal costs from ongoing stockholder litigation. As of July 10, the company holds 1,514 BTC and roughly $73.9 million in cash. Publicly traded Empery Digital Inc. has sold nearly half its Bitcoin treasury since early May, using the proceeds to pay down debt, prepare for an AI-related real estate acquisition, and cover mounting legal bills tied to a shareholder lawsuit, according to an SEC filing…

In January 2024, in End Citizens United PAC v. FEC, a divided panel of the U.S. Court of Appeals for the D.C. Circuit concluded that the Federal Election Campaign Act does not create a cause of action to challenge the FEC’s exercise of enforcement discretion. In October 2024, the full court voted to rehear the case en banc (as I noted in this post). Interestingly enough, the grant of rehearing expanded the issue before the court, perhaps for the purpose of cleaning up circuit precedent in this area. Oral argument was held in February 2025. It is now July 2026,…

AI & Crypto

Read More

Politics

Don't Miss!