Logan Paul’s Ex-Assistant Set to Be Dropped from CryptoZoo NFT Lawsuit

Pump.fun to Share 25% of Revenue with Token Holders, ICO Launches July 12 at $4B Valuation

Pump.fun plans to distribute 25% of its platform revenue to holders of its PUMP token, sources told Blockworks. The team reportedly informed insiders ahead of the public announcement. The ICO for PUMP is set for July 12, with 33% of tokens being sold and a fully diluted valuation around $4 billion. Of that, 18% goes to institutional buyers and 15% to a public sale, both on the same terms. The team is exploring utility options like fee rebates and token buybacks. US and UK investors are excluded. Dragonfly’s Haseeb Qureshi called PUMP one of crypto’s highest gross revenue tokens, and 6th Man Ventures’ Mike Dudas hinted at revenue-sharing mechanisms in June.

Trump-Backed World Liberty Financial Nears Approval to Make WLFI Token Tradable as Users Vote Overwhelmingly in Favor

World Liberty Financial, backed by Donald Trump and his sons, is close to approving a proposal to make its governance token (WLFI) tradable, with over 99% user support and voting ending July 16. If passed, it would allow wider community access, though founders’ tokens — including those held by Trump’s family — wouldn’t be immediately tradable. Launched in 2024, World Liberty has been controversial as Trump promotes crypto-friendly policies. Trump personally earned $57.4 million from the firm and held 15.75 billion tokens but has reduced his stake to 40% as of June. Meanwhile, the company’s USD1 stablecoin faces scrutiny amid new US crypto legislation, including the GENIUS Act, which recently passed after initial Senate resistance tied to Trump’s involvement.

Bukele Mocks US Senators Over Crypto Sanctions Bill as El Salvador’s Bitcoin Holdings Hit $690 Million

El Salvador President Nayib Bukele ridiculed US Democratic senators on 𝕏 after they proposed the El Salvador Accountability Act of 2025, which aims to investigate his government’s crypto use and potentially freeze assets. Bukele called them “salty” and has a history of taunting foreign leaders online. The bill questions whether El Salvador’s Bitcoin policy helps evade sanctions. Despite scaling back mandatory Bitcoin acceptance after IMF pressure, Bukele continues to buy Bitcoin, now holding 6,232 BTC (worth $690 million) as prices hit a new all-time high above $112,000. While criticized abroad for authoritarian tendencies, Bukele remains highly popular at home, with an 8.5/10 approval rating in a recent poll.

Judge Recommends Dismissing Logan Paul’s Former Assistant from CryptoZoo NFT Lawsuit as Legal Battles Expand

A U.S. magistrate judge has recommended dropping Logan Paul’s former assistant, Danielle Strobel, from a class-action lawsuit over the failed CryptoZoo NFT project. Judge Ronald C. Griffin ruled that the Texas court lacked jurisdiction since Strobel did not promote the project or have sufficient ties to the state. The suit accuses Paul and others of misleading investors with promises of a play-to-earn NFT game that never launched, calling it a pump-and-dump scheme. Meanwhile, Paul is also pursuing a defamation case against YouTuber Coffeezilla, who accused him of running a scam. Both cases are ongoing, as Paul also offers partial refunds to some CryptoZoo buyers to resolve legal claims.