Crypto World
Michael Saylor: I Never Sold Bitcoin, MicroStrategy Did
Michael Saylor says he has never sold any of his own Bitcoin (BTC), not one satoshi. He published the defense hours after Strategy disclosed the sale of 1,638 coins.
His slogan built a following among retail holders. His company runs a treasury that sells coins to cover bills.
Michael Saylor Never Sold His Personal Bitcoin
Saylor drew the line himself on Monday.
“When I say “Never Sell Your Bitcoin,” I speak as one saver to another. I have never sold mine. Not one satoshi. Strategy is a public company, not my wallet. Since 2020, it has disclosed it may buy or sell $BTC to manage capital. Our shared conviction in Bitcoin remains unchanged,” he wrote.
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Two days earlier he shut down sale rumors spreading on the same platform, saying the company never carried a formal never-sell policy.
The Dividend Bill Behind the Sale
Monday’s filing put holdings at 842,138 BTC as of August 2. The stack has shrunk since late May, when it stood at 843,738.
Strategy sold at an average $63,957 a coin. Its cost basis is $75,419, so each coin left at a loss near $11,500.
The cash did two jobs. It lifted the USD reserve by $250 million to $4.0 billion and retired $81 million of STRC, a Bitcoin-backed preferred share that pays 12% a year.
That obligation keeps growing. Preferred dividends reached $400.7 million in the second quarter, up from $49.1 million a year earlier.
The next disclosure arrives within a week. It will show whether 10 weeks without net buying was a pause or a turn.
The post Michael Saylor: I Never Sold Bitcoin, MicroStrategy Did appeared first on BeInCrypto.
Michigan, where Donald Trump won both times he reached the White House, is a useful miniature of what the loitering gallery of presidential aspirants face across the country in two years. Not all lessons will be welcome for the would-be candidates, nor will they be fully understood until we know the outcome in November.
But if the tone in this race’s final days is a hint, it signals that the win-at-all-costs footing that has defined the era of Trump has crept into the Democratic ether. Acrimony doesn’t even begin to get at the mood on the ground, according to operatives in both camps. In a recent podcast interview, El-Sayed called Stevens “the least capable candidate in America.” Stevens responded with a message on her social media on Thursday that showed how raw feelings have become: “Everyone in America understands you want to blame all of your problems on Jewish Americans.”
This primary is about as perfect a snapshot as you could find of the tensions playing out among Democrats. In a swing state like Michigan, Stevens was widely acknowledged as the stronger candidate to go against the presumptive Republican nominee, former Rep. Mike Rogers. Her supporters include outgoing Sen. Gary Peters, and party heavyweights like Chuck Schumer (but not, notably, Sen. Elissa Slotkin, who was Stevens’ former House colleague, but has stayed out of the primary). Meanwhile, El-Sayed—who would be the country’s first Muslim U.S. Senator—has captured the imagination of the left wing of the Democratic Party, drawing visits from Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez. At the same time, his unrelenting criticism of Israel has opened wounds inside the Jewish community in Michigan—and beyond—as his detractors say he is venturing into dangerous anti-semititic territory. Add in the race and religion factors animating the race, and Tuesday’s primary in Michigan could lay bare which litmus tests are likely to shape the 2028 presidential contest.
President Donald Trump called on ExxonMobil and Chevron to cut US fuel prices after the oil majors earned roughly $26.5 billion combined during the second quarter.
Summary
- ExxonMobil earned $14.5 billion, more than double its profit from the same quarter last year.
- Chevron posted $12.1 billion in earnings, nearly five times its year-ago result.
- Trump said the companies were making “too much money” from an oil shortage.
- US gasoline prices have risen more than 30% since the Iran war began.
Trump demands lower fuel prices
Trump criticized ExxonMobil and Chevron at the White House on Monday, arguing that supply pressure linked to the Iran war had allowed the companies to earn excessive profits.
“They’re making too much money based on a shortage,” Trump told reporters. “I don’t like it.”
The president urged both companies to pass part of their gains back to consumers through lower retail prices.
“Chevron, too much money. ExxonMobil, too much money,” Trump said. “They’re going to give some of that back to the public.”
The remarks marked an unusual rebuke of two companies that have generally benefited from Trump’s support for expanded US oil and gas production. Trump also criticized Chevron CEO Mike Wirth, claiming he had not given the administration enough credit for policies that supported the company’s operations in Venezuela.
Exxon and Chevron profits surge
ExxonMobil reported second-quarter earnings of $14.5 billion, or $3.48 per share, compared with $7.1 billion a year earlier. Adjusted earnings reached $14.7 billion, while operating cash flow totaled $23.6 billion.
The company returned $9.4 billion to shareholders through $4.3 billion in dividends and $5.1 billion in share buybacks, according to its quarterly results.
Chevron earned $12.1 billion during the same period, up from about $2.5 billion in the second quarter of 2025. The company also reported record US production and a 20% increase in worldwide output, according to Chevron.
Higher crude prices and wider refining margins helped both companies offset rising costs. The Iran war pushed West Texas Intermediate crude as high as $109.64 per barrel during the quarter, compared with $65.17 before the conflict intensified.
Iran war keeps pressure on US consumers
US gasoline prices have climbed by more than 30% since the United States and Israel began strikes against Iran, increasing pressure on household budgets ahead of the midterm elections.
The Strait of Hormuz remains central to the price outlook because it serves as a major route for global oil and liquefied natural gas shipments. Restrictions, tanker attacks, and the US blockade have disrupted normal traffic through the waterway.
The American Petroleum Institute defended the industry’s earnings, saying fuel prices reflect global market conditions rather than decisions by individual producers. Crude oil costs, refining margins, distribution expenses, and taxes all contribute to retail gasoline prices.
Trump said prices would fall sharply if the war ended. However, the administration has no direct authority to set the retail prices charged by oil companies or independent fuel stations.
Oil falls as Trump pauses Iran strikes
Oil prices dropped on Monday after Trump called off another planned strike against Iran and said negotiations could reopen the Strait of Hormuz.
WTI crude fell more than 5% to around $80 per barrel, while US gasoline futures also declined nearly 5%. The retreat reflected expectations that a diplomatic agreement could restore more shipping activity and reduce supply risks.
Trump described the negotiations as Iran’s “last chance” to secure an agreement. He said the proposed talks would address the strait first before moving to Iran’s nuclear program.
Tehran disputed Trump’s account, saying it was not negotiating directly with Washington. Iranian officials said they were instead holding discussions with Oman over a temporary safe route through the strait, leaving the timing and scope of any agreement uncertain.
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XRP price is down about 2% on the day, yet it just bounced roughly 4% off its August low as South Korea keeps stacking bids under the market.
The bounce is not a confirmed reversal. XRP price still trades inside a falling channel that has capped every rally since May 14, 2026. South Korea, however, is flashing an unusually tidy set of early signals.
South Korea is Buying XRP
XRP ranks third among 275 Korean won markets on Upbit by 24-hour trading volume, behind only Tether and Bitcoin. Few altcoins matter more to South Korea’s retail traders.
Rank measures attention, not direction, so the order book fills the gap. Within 1% of the market price, combined Upbit and Bithumb bids outweigh asks by roughly two to one, a gap of about 34%.
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That ratio simply compares resting buy orders against sell orders near the current price. A two-to-one skew means buyers have posted far more nearby liquidity than sellers, a sign of real demand.
Korea is also paying a small premium to the global price on Bybit, near the top of its seven-day range. The lean is bullish, though still too thin to call a full premium event.
Heavier Korean bids indicate who is buying, but momentum indicates whether selling is finally fading.
Momentum is Turning as XRP Price Stops Falling Hard
XRP price keeps making lower lows, but the selling is losing power. Since early June, price carved a marginally lower low into August while momentum made a higher low.
The Relative Strength Index (RSI), a momentum gauge that tracks how fast recent moves are running, climbed from below 20 in early June to the low 40s at the August low. That split between falling price and rising momentum is a classic bullish divergence.
Price already reacted, rebounding about 4% from its August 1 low, echoing a recent surge in dip buying.
Leverage is not driving it either. Bybit perpetual funding sits near +0.006%, only mildly positive. Funding is the fee long traders pay shorts to hold a position, and this reading is far from overheated.
If momentum is turning, the next test is whether large holders and funds agree.
Whales and ETFs Back the South Korea Signal
The turn is not standing alone. Santiment data shows the share of XRP held by the 100 million to 1 billion cohort jumped from 10.66% to 11.98% around August 1.
Those are wallets holding between 100 million and 1 billion XRP, and the move suggests large holders may have added to weak momentum, though such shifts can also reflect wallet relabeling.
Fund demand is improving too. XRP spot ETF inflows reached $14.86 million in the week ending July 31, the strongest in four weeks.
The run improved from a $7.18 million outflow to $6.78 million, then $8.15 million, then $14.86 million, matching the broader August XRP outlook.
Institutions are not flooding in, but the direction of demand has clearly changed.
Bids, momentum, and flows all point one way, leaving a single barrier on the chart.
XRP Price Levels That Decide the Reversal
Here, the setup is won or lost. XRP price needs a daily close above $1.09 to break the falling channel and confirm the shift.
A clean break opens room toward $1.16, then the July swing near $1.18, with $1.29 as the extended target. Traders can weigh those against the full XRP price forecast.
The floor matters just as much. XRP must reclaim $1.08, the 0.618 Fibonacci retracement, to keep the bounce alive.
Staying under $1.08 on a daily close would expose $1.03, then $0.95, which sits near the channel midline. South Korea’s visible bid can also vanish if those orders are pulled.
A daily close above $1.09 separates a South Korea-led XRP price reversal from another rejection back toward the channel midline.
The post The 80-Day XRP Price Downtrend Meets a Wall of Korean Bids appeared first on BeInCrypto.
Palantir Technologies (PLTR) beat Wall Street on every headline figure in the second quarter and lifted its full-year outlook. Shares climbed more than 7% in after-hours trading on Monday.
The data analytics firm reported $1.94 billion in revenue, up 93% from a year earlier. Adjusted earnings reached 41 cents per share, above the roughly 35 cents analysts had modeled.
Palantir Earnings Beat Every Major Estimate
Revenue landed well above the $1.81 billion consensus and the company’s own guidance of about $1.80 billion. Growth also accelerated from the 85% pace set in the first quarter.
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U.S. commercial customers did most of the work. That segment rose 149% year over year to $764 million. Government revenue gained 90% to $809 million, despite Democratic scrutiny of contracts earlier this summer.
Profitability moved in step. GAAP net income reached $1.06 billion, a 55% margin, while adjusted operating margin hit 62%. The company’s Rule of 40 score, which adds revenue growth to operating margin, climbed to 155%.
Deal flow expanded alongside it. Palantir closed 220 contracts worth at least $1 million and booked a record $2.13 billion in U.S. commercial total contract value, up 153%.
Remaining deal value in the same segment reached $6.24 billion, more than double the year-ago figure. That backlog gives management visibility into 2027 revenue.
Guidance Raise Points to Sovereign AI Demand
Management now expects full-year revenue between $8.150 billion and $8.158 billion, roughly 82% growth. The previous range topped out near $7.66 billion.
Adjusted operating profit guidance moved to about $4.89 billion, comfortably ahead of the $4.51 billion analysts had penciled in. Adjusted free cash flow is now guided to $4.5 billion to $4.7 billion.
Chief Executive Alex Karp framed the quarter around what he called demand for AI sovereignty, meaning customer control over their own data and decisions rather than reliance on outside models.
“Demand for AI sovereignty has now been unleashed. And Palantir is the only company that has demonstrated it can transform tokens into actual economic value. Our customers trust us to provide them with maximal control over their operations, data, and decisions,” Alex Karp, Co-Founder and Chief Executive Officer of Palantir Technologies, in the company’s earnings release.
Palantir Stock Still Trails Its 12-Month High
Shares closed regular trading at $125.65, up 2.10%, then jumped to $135.12 after the release. Options traders had priced an 11% swing in either direction.
Even after that move, the stock sits far below its 12-month high of $207.52. Palantir entered Monday down about 31% for the year, as investors questioned AI stock valuations across the sector.
Bulls argue the spending cycle is still early, a view echoed in the debate over AI capex that has split Wall Street since June.
Palantir guided third-quarter revenue to roughly $2.16 billion. Whether the guidance raise holds the stock above $135 depends on how quickly commercial bookings convert into recognized revenue.
The post Palantir Just Crushed Wall Street by $125 Million: How Will Stock React? appeared first on BeInCrypto.
The SHIB team and community have scorched billions of tokens in the past month.
The resurgence of the burning program has coincided with the positive performance of the self-proclaimed Dogecoin killer, whose price has jumped by 10% within that period.
Big Burn, But There’s a Catch
The X account Shibburn revealed that over 3.2 billion SHIB have been transferred to a null address in July, permanently removing them from circulation. This represents a major 1,395% increase from the June figure.
The July number may seem substantial, but its USD equivalent is less than $17,000. It’s also important to note that the major burns occurred only during a handful of days toward the end of the month, while during the remaining days there wasn’t much action on that front. On July 27, for instance, the team and community scorched almost 1.3 billion tokens, nearly 40% of the total amount.
The core purpose of SHIB’s burning mechanism is to reduce the token’s supply and make SHIB more valuable via scarcity. But with more than 585 trillion coins in circulation, the remaining amount is enormous, meaning the team and community should up their game to trigger a rally.
Meanwhile, the meme coin has posted a 10% increase over the last 30 days, potentially propelled by the rising burn rate and certain whale activity, which CryptoPotato reported on.
Happy Birthday, Shiba Inu
On August 1, the meme coin project celebrated its sixth anniversary. The SHIB Army expected an ecosystem update or a major announcement on that day, but instead the team simply outlined the rise from “zero to a global movement” and said that “the experiment continues.”
Many X users congratulated Shiba Inu for its birthday, yet others voiced clear disappointment over the lack of meaningful progress lately, as well as the massive price collapse the native token has suffered over the past years.
The post Shiba Inu Turns 6: Here’s How Many SHIB Tokens Were Burned in July appeared first on CryptoPotato.
Crypto has not been this cheap relative to its long-term trend since 2010, according to Benjamin Cowen. Still, the Into The Cryptoverse founder warns that the bottom is not in yet.
Cowen, a member of BeInCrypto’s Markets Intelligence Council, expects one more leg down in the third quarter. He points to midterm-year seasonality and rising bond yields as the likely triggers.
Crypto is 62% Below Fair Value, the Cheapest Since 2010
In two new videos, Cowen measured the total crypto market cap against his logarithmic regression trendline. The gap has never been wider in the asset class’s tradable history.
The total market cap stood at $2.152 trillion on July 31. Meanwhile, the model’s fair value sat at $5.737 trillion, leaving crypto 62.49% undervalued.
The market now trades at 37.52% of fair value. The only lower reading came on September 20, 2010, at 32.72%.
“We have been lower before all the way back when crypto first launched. Actually, it was the only time that it’s been lower than it is right now,” Cowen said.
Because fair value keeps rising over time, Cowen argued the discount could deepen even if prices move sideways. Recent Coldcard hacks and fading retail interest add to the pressure, he noted.
Bitcoin’s Window of Weakness Opens Within Weeks
The undervaluation signal clashes with seasonality. Bitcoin (BTC) gained 10.42% in July, and Cowen sees the relief rally ending soon.
“If history is any indication, the next window of weakness… is going to start sometime in the next two to three weeks,” he warned.
The pattern is consistent across midterm years. August and September turned red in 2014, 2018, and 2022, and they remain the only months with negative average returns. Historically, weakness arrived in early August 2018 and mid-August 2022.
BTC trades near $62,648, down 45% over the past year and 27% year-to-date. It’s 2026 path tracks between the 2018 and 2022 trajectories, which both rolled over in August. On-chain models point to a similar final bear leg.
Cowen also flagged a macro trigger. A similar yield move preceded Bitcoin’s decline from July 2023, and the Fed faces its most divided decision in years.
“The bond market is starting to revolt. The Fed’s not raising rates,” he said.
Benjamin Cowen Sees Crypto Bottom Near November
Despite the near-term caution, Cowen’s cycle framework suggests the end is close. Measured low to low, this bear market would match prior ones in just a few months.
“I’m hoping that by around November or so, we’ll be either at a market cycle bottom already or it’ll be relatively close to being in,” he said.
Long-term holder data from Fidelity also approaches past-cycle bottom levels. Rather than timing the exact low, Cowen favors a systematic approach.
“I would encourage people, not financial advice, but normally a DCA strategy is going to work best rather than trying to time the exact bottom,” he added.
Dollar-cost averaging, or DCA, spreads purchases over time to smooth out volatility. Beyond the cycle, Cowen maintained his call that the asset class could eventually reach $10 trillion, plus or minus a few trillion.
However, his thesis carries a clear caveat. If the four-year cycle stretches as it did in 2022, the recovery could slip toward 2027, and the bear market resistance band may stay out of reach until then.
The post Benjamin Cowen: Crypto Hasn’t Been This Cheap Since 2010, But It Might Drop Lower appeared first on BeInCrypto.
The primary cryptocurrency has experienced another pullback over the past few days.
Potential reasons for the negative performance include the Coldcard exploit, waning institutional interest, and Strategy’s latest sell-off. Here’s everything you need to know.
The Coldcard Drama
Last week, Coinkite, the company behind the Colcard hardware wallet, warned users that their Bitcoin funds could be at risk if their seed phrase was generated on certain affected firmware versions. This alert came shortly after reports that almost $40 million worth of BTC had been drained from such devices.
The attacks continued with two more waves, and at one point the total amount of embezzled coins reached 1,367.05 (equaling around $88.6 million). Alex Thorn (head of firmwide research at Galaxy Digital) spotted a fourth organized wave, saying:
“These are likely Coldcard victims – they match the shape of Coldcard vulnerable UTXOs, and the elevated transaction pattern gives me high confidence they are another wave of attacks.”
He also advised all users to move their funds off their wallets as soon as possible. Somewhat expected, the exploit affected market mood, with Santiment saying it pushed Bitcoin’s positive-to-negative commentary ratio on X, Reddit, Telegram, and other platforms to its lowest level since its modern social tracking began.
The ETF Front
Unlike June, which emerged as the worst month for spot BTC ETFs, July started on the right foot and attracted nearly $200 million in net inflows during the full first week.
Interest faded toward the middle of the month, but it picked up again. In fact, there were seven consecutive green days between July 14 and July 22, something unseen since April. Since then, though, outflows have dominated, while SoSoValue has not yet presented data on how August has kicked off.
Investing in spot BTC ETFs is generally favored by more conservative players, such as pension funds and hedge funds, who seek regulated exposure and would rather skip steps like managing private keys themselves. Some of the financial giants that have introduced such products over the years include BlackRock, Fidelity, Bitwise, Franklin Templeton, and many others.
Strategy Sold Again
Just a few hours ago, Michael Saylor (co-founder and Executive Chairman of Strategy) revealed that the entity has increased its USD Reserve by $250 million and repurchased $81 million of STRC shares.
At first glance, that was it, yet a closer look at the announcement showed that the company has also sold 1,637 BTC for approximately $105 million between July 27 and August 2. After all, its total stash stood at 843,775 coins, while the current number is 842,138 units.
BTC Price Outlook
The aforementioned news has been among the main factors suppressing BTC’s valuation over the past few days. As of this writing, it trades at around $63,600 (per CoinGecko), translating into a 1% weekly decline.
Meanwhile, August can cause even more pain to the bulls. The month has historically been a poor period for the cryptocurrency, with the price ending in red territory 9 out of 13 times.
The post Bitcoin (BTC) News Today: August 3 appeared first on CryptoPotato.
XRP Ledger developers and users can now connect to globally distributed public nodes operated by Ankr, expanding network access ahead of the expected xrpld v3.3.0 release.
Summary
- Ankr has deployed XRPL nodes across Singapore, New York, Amsterdam and San Francisco.
- Developers can use free mainnet and testnet JSON-RPC endpoints without operating their own nodes.
- The rollout comes ahead of five proposed amendments covering privacy, settlement and institutional access.
- XRP traded near $1.08, with no immediate price reaction to the infrastructure announcement.
Ankr brings global public nodes to XRP Ledger
The XRP Ledger Foundation announced the infrastructure partnership with Ankr, saying the rollout would improve public access for developers and users.
“We’re expanding public infrastructure access to the XRP Ledger for developers and users with Ankr. Globally distributed XRPL nodes from New York to Singapore to give you the best connectivity,” the foundation said in an X post.
The new portal provides free JSON-RPC endpoints for the XRP Ledger mainnet and testnet. Developers can use these endpoints to interact with the network without installing, maintaining or monitoring their own xrpld infrastructure.
A Quickstart section also includes ready-to-use cURL and JavaScript examples. The portal displays network health, ledger height, median latency, global coverage, request volume and average requests per second in real time.
Active nodes are currently located in Singapore, New York, Amsterdam and San Francisco. Ankr’s system automatically routes traffic to the most suitable node, which could reduce latency and provide backup connectivity if one location becomes unavailable.
XRPL validator Vet said full-history access would be introduced later. The existing service focuses on current network access rather than offering a complete record of all historical ledger data.
Why expanded XRPL access matters
Public RPC infrastructure lowers the technical barrier for wallets, exchanges and application developers building on XRP Ledger. Running an independent node requires hardware, storage, maintenance and continuous monitoring, while shared endpoints offer faster access for testing and early product development.
The US locations are particularly relevant to American developers. Nodes in New York and San Francisco can shorten the connection path for applications serving US users, although businesses handling financial activity must still assess security, compliance and reliance on third-party infrastructure.
Public endpoints do not replace independently operated nodes for organizations requiring direct control over data availability. Heavy dependence on a small number of infrastructure providers can also create service concentration risks.
The rollout follows the July 29 activation of fixCleanup3_2_0. XRPScan data showed that 30 of 35 participating trusted validators supported the amendment, giving it 85.71% backing.
That activation made xrpld 3.2.0 the minimum version compatible with the amended mainnet rules. Nodes using version 3.1.0 or earlier became amendment-blocked.
XRP Ledger prepares five v3.3.0 amendments
RippleX head of product Jazzi Cooper said developers were preparing five proposed amendments for xrpld v3.3.0. Releasing the software will not activate those changes automatically.
“XRPL has already proven it can support tokenized assets at scale. Now it’s time to put these assets to use: global transfers, trading, collateralizing, and settling.”
The proposals include Confidential MPT, which would add privacy features for Multi-Purpose Tokens using zero-knowledge proofs. Batch would support atomic settlement and delivery-versus-payment transactions.
Permission Delegation would let institutions grant limited transaction authority without surrendering control of their signing keys. Sponsored Fees and Reserves would allow issuers or platforms to cover network costs for users, while Dynamic MPT would permit selected token properties to be changed after issuance.
Each amendment must complete XRPL’s validator-governed approval process. Changes affecting transaction processing generally require at least 80% support from trusted validators for two consecutive weeks.
XRP holds near $1.08 before upgrade
XRP (XRP) showed little immediate response to the Ankr announcement. The token traded near $1.08, remaining almost flat over 24 hours and down about 0.8% over seven days, according to CoinGecko.
Trading volume rose by roughly 46% from the previous day to about $1.03 billion. The muted price action suggests traders have not yet treated the node rollout as a direct market catalyst.
Attention will now turn to the v3.3.0 software release and subsequent validator voting. None of the five amendments will become active unless it secures the required level and duration of support.
While Brock Pierce has been relatively quiet since Protos and Decrypt reported on his ties to late sex trafficker Jeffrey Epstein, the billionaire Tether founder did find time the month before to conduct a lengthy interview with an outlet calling itself AllatRa TV.
The interview is wide-ranging, from blockchain to the impact of AI on our future, and while there are no bombshells or sensational moments, there is an important problem with the interview.
Namely that AllatRa is a pro-Putin, anti-Ukraine doomsday cult that pushes mass amounts of generative AI disinformation.
Pierce took part in this interview after it became evident that AllatRa was a serious issue.
AllatRa, a dangerous global cult
AllatRa has existed for years and is largely known in the US and Europe for disseminating disinformation through the use of generative AI.
In 2024, US streamer Destiny discovered a fake YouTuber named “Dr. A. Egon Chalokian,” who people were referring to as an expert.
After watching some of the videos, which often refer to an upcoming apocalyptic climate event, and glorify Russia and Russian leadership, he noticed a number of glaring issues. These include hands that don’t move for hours, books in the background without titles, and pictures without discernible faces.
Chalokian’s LinkedIn states he studied at Harvard, MIT, Stanford, and the Cleveland Clinic — at the same time.
Ukraine’s AllatRa problem
Despite the fact that charges were brought against AllatRa’s founders in 2022, and that, in 2023, Ukrainian officials had already taken to raiding safe houses related to the group — finding weapon caches and false IDs — the Ukrainian government failed to take out the cult in any meaningful manner.
But, in 2025, everything changed.
As detailed by Ukrainian court documents, AllatRa had crypto assets seized in August of 2025.
The documents also detail how the group was actively “financing actions committed with the aim of violently changing or overthrowing the constitutional order, committing high treason… producing and distributing works that promote a cult of violence and cruelty, racial, national or religious intolerance and discrimination, fraud, and the legalization of funds obtained by criminal means.”
According to these documents, the group was utilizing USDT and Justin Sun’s TRX to move funds.
The interview
In a grainy interview that streamed in January of 2026, six months after AllatRa had cryptocurrencies seized and years since the group’s nefarious online activities were well-documented, Pierce went on for over half an hour to chat with Valeria Smian, who is “head of communications and partnerships and events at AllatRa.”
At one point during the interview, Pierce states that he “is not defined by reality as it exists.”
Protos reached out to Smian for comment on the legal issues in Ukraine and generative AI videos produced by AllatRa but received no response.
Brock Pierce, Ukraine, and Russia
This is hardly Pierce’s first foray into the opaque world of Russia, Ukraine, and their respective politics.
Indeed, he’s been shuttling between America, Ukraine, and Russia since at least 2012, for reasons unknown — though the Epstein Files suggest that there could be nefarious purposes behind the visits.
In August of 2012 Pierce told Epstein he would “take photos and find [Epstein] a present.”
He also sent the convicted sex trafficker a slew of images and stated “[sic] The Ukraine is now my favorite country :-).”
The fact that Pierce, who’s familiar with the ongoing strife in Ukraine and the disinformation campaigns perpetrated by the Kremlin, is willing to conduct an interview with a cult tied to pro-Putin propaganda should give anyone familiar with his antics pause.
The end of AllatRa?
While AllatRa continues to regularly post on social media and often uses generative AI to share their narratives, they’ve transitioned to pro-Ukraine messaging.
The shift seems to have occurred sometime after Ukrainian raids and legal actions.
Regardless of the change in tone, Czechia has recently called a conference and has sought international law enforcement to move against AllatRa. Interpol has failed to bring notices against any of the individuals involved.
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