Cryptocurrency News Roundup: Millionaire Janitor, Housing Agency Experiment, and Conflicts of Interest
March 8, 2025 – A flurry of news has emerged across the cryptocurrency landscape today, from a former janitor’s lucrative investment in Shiba Inu to the US Housing Agency exploring crypto experiments and conflicts of interest concerns surrounding the White House Crypto Czar.
Former Janitor Turns Millionaire Bets on Mutuum Finance
A former janitor’s remarkable journey from modest beginnings to financial success, fueled by a $1,200 investment in Shiba Inu, is now attracting attention as he transitions to Mutuum Finance (MUTM). With MUTM’s presale currently underway, this DeFi project is catching the eye of the former millionaire, who anticipates similar returns in 2025 as he had with his previous Shiba Inu bet. The presale is underway with MUTM priced at $0.015 each.
US Housing Agency Eyes Crypto Experiment
The United States Department of Housing and Urban Development (HUD) is exploring the potential of a cryptocurrency pilot program across the federal government. Discussions are reportedly underway, and initial reactions from various stakeholders are being noted.
Elizabeth Warren Challenges Trump’s Crypto Czar
US Senator Elizabeth Warren has publicly questioned the potential conflicts of interest surrounding David Sacks, the White House AI & Crypto Czar. In a letter to Mr. Sacks, Senator Warren requested immediate clarification on the timeline for divesting his digital asset holdings, expressing concern over the potential for bias.
FDIC Transparency Concerns in Operation Chokepoint 2.0
Allegations of “secret debanking” targeting at least 30 tech and crypto founders in the US during Operation Chokepoint 2.0 have surfaced, prompting concerns about transparency within the FDIC’s operations.
Avalanche Foundation Faces Leadership Changes
The Avalanche Foundation has seen the resignation of three key board members, raising questions about leadership stability and future direction within the organization.
Stay tuned for further developments in the ever-evolving cryptocurrency world.
