Bitcoin (BTC) experienced a significant price plunge earlier today, Tuesday, July 15, 2025, driven by the unexpected movement of an enormous Satoshi-era whale beginning to liquidate its long-dormant holdings. The flagship cryptocurrency briefly dipped below the $117,000 mark, hitting an intraday low of $116,218, before a modest recovery. Massive Transfers Trigger Market Volatility According to … Continue reading "Bitcoin Plunges as Enormous Satoshi-Era Whale Begins Selling Holdings" The post Bitcoin Plunges as Enormous Satoshi-Era Whale Begins Selling Holdings appeared first on Cryptoknowmics-Crypto News and Media Platform .
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Dogecoin may still make noise, but it’s quickly losing its grip on the spotlight. In a market starving for explosive growth, two tokens trading under $0.10—Little Pepe (LILPEPE) and Cronos (CRO)—are now leading a new wave. And with the right timing, a $450 play on these tokens could balloon into $15,000 in just 15 weeks. Here’s why. LILPEPE: The Meme-Tech Rocket with 95x Potential Little Pepe is no ordinary meme coin—it’s the heart of a new Ethereum Layer-2 network focused on speed, scalability, and meme culture utility. LILPEPE is building its launchpad, tax-free ecosystem, sniper bot protection, and more. Its presale is currently in Stage 5 at $0.0014, and over 73.76% of the 5.25 billion tokens allocated have been sold, raising $4.64 million in the process. Once Stage 5 fills up, the price will increase to $0.0015, with the public launch listing set at $0.003—already offering buyers a guaranteed 114.28% gain at launch. But that’s just the beginning. Post-launch projections point toward a potential ATH of $0.134, which would represent a 9,487% surge—or nearly 95x your initial investment. That means $300 in LILPEPE today could realistically grow into $28,500 within the next few months. Add that to a meme coin ecosystem giving away $770,000 worth of tokens to ten lucky winners ($77K each), and you’ve got FOMO written all over it. Even industry insiders are noticing the momentum, with prominent mentions in publications like AInvest and GlobeNewswire , both of which highlight whale movements and heavy retail participation. Investors who jumped in at $0.0010 are already up over 40%. CRO: The ETF-Backed Utility Sleeper Cronos (CRO), the native token of the Crypto.com blockchain, has been in accumulation mode, but that silence has just been broken. Following a 20% daily price surge, CRO is back on the radar, thanks to the hype surrounding its potential inclusion in a new “blue-chip” crypto ETF reportedly backed by Truth Social. This narrative helped CRO climb from $0.08 to $0.09 within hours, as reported by Coinpedia and Crypto. News . The token’s technical indicators are also intense—MACD flips, RSI momentum, and heavy whale inflows suggest a breakout to $0.11 or even $0.13 is within reach. On the fundamentals side, CRO powers an ecosystem of over 80 million users across the Crypto.com app, DeFi, and NFTs. According to a recent forecast by Cryptopolitan , CRO could average $0.0963–$0.1076 in the near term, with some price models suggesting upside to $0.26 in a bullish environment. On Reddit , users are even speculating that a run to $1 is a long-term possibility. So if you allocate $150 to CRO and it doubles or triples, you’re looking at a return of $300–$450, safely balancing the rocket-like trajectory of LILPEPE with something grounded. Why Dogecoin Can’t Keep Up At around $0.30, Dogecoin has already lost most of its speculative punch. Even if it doubles or triples, you’re still looking at gains capped at 2x to 3x, and that’s assuming Elon Musk tweets something exciting. In contrast, both LILPEPE and CRO have serious catalysts brewing. LILPEPE is driving community virality, whale accumulation, and Layer 2 development simultaneously. CRO is benefiting from rising institutional exposure, strong fundamentals, and surging user adoption. That combination—speed and strength—makes a $450 portfolio (split between $300 in LILPEPE and $150 in CRO) a seriously compelling bet. How $450 Becomes $15,000 If LILPEPE surges to $0.134 post-launch as projected, $300 becomes $28,500. If CRO doubles or triples from its current position, $150 becomes $300–$450. Together, you’re looking at a real possibility of turning $450 into $15,000 or more. And best of all? The timeline is short. With presale Stage 5 nearly 74% filled, the window is rapidly closing. LILPEPE’s listing is right around the corner, and CRO’s chart is heating up. Conclusion: Choose Momentum, Not Memory Dogecoin had its run. But nostalgia doesn’t generate returns—strategy does. Currently, that strategy points to LILPEPE and CRO. One delivers the hype and heat, the other the utility and adoption. The blend is perfect. If you’ve been sitting on the sidelines, wondering when the next big move will come, this is it. Don’t watch it happen. Position yourself before the fireworks begin. For more information about Little Pepe (LILPEPE) visit the links below: Website: https://littlepepe.com Whitepaper: https://littlepepe.com/whitepaper.pdf Telegram: https://t.me/littlepepetoken Twitter/X: https://x.com/littlepepetoken Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
In just under a month since its official launch, 3iQ’s XRP ETF has achieved a major milestone, surpassing $50 million in client assets. Traded under the tickers XRPQ and XRPQ.U on the Toronto Stock Exchange, the fund has become the largest XRP-focused ETF in Canada. The fund launched on June 18 and quickly positioned itself as a competitive offering in the Canadian market. The rapid inflow of assets highlights an important trend, which is the growing demand for regulated exposure to XRP among both institutional and retail investors. The Mass Appeal for XRP ETFs in Canada In its official post on X, 3iQ highlighted comments from Pascal St-Jean, President and CEO of the company, who pointed to the ETF’s structure as a key factor in its strong early performance. He said the achievement “shows the continuing strong interest in these assets” and reflects how investors are making more selective choices when allocating capital. Its standout feature, a 0% management fee for the first six months, has also been central to its early success. The ETF is also eligible for tax-advantaged accounts in Canada, including TFSA and RRSP, broadening its appeal to a wider segment of investors. By combining the transparency and accessibility of an exchange-traded fund with zero management fees at launch, this ETF differentiates itself from earlier digital asset products that often came with high costs and limited liquidity. We are proud to announce that our XRP ETF (TSX: XRPQ, XRPQ.U), Canada’s largest #XRP ETF, has accumulated over 50 million USD in client assets since its launch on June 18th. “This significant milestone for our XRP ETF shows the continuing strong interest in these assets and… pic.twitter.com/rpi3BmwE3W — 3iQ Digital Asset Management (@3iq_corp) July 14, 2025 We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The Race for a U.S.-Based XRP ETF The launch of XRPQ comes at a time when market participants are increasingly looking at blockchain-based assets not just for speculative gains, but also for portfolio diversification. Recent activity in the U.S. suggests a heated regulatory race to launch XRP-related exchange‑traded products. Asset managers, including ProShares, Franklin Templeton , Grayscale, and more, have filed with the SEC to introduce spot XRP ETFs, with several key deadlines approaching. Grayscale has also made notable strides in its attempt to convert its Digital Large Cap Fund, which includes XRP, into a spot ETF. While the SEC recently halted the process, Grayscale has revealed that it is working with key stakeholders to meet the SEC’s requirements and launch the product . While the U.S. lacks a dedicated spot XRP ETF, Canada has taken a leadership position, and the interest shown in 3iQ’s offering proves that investors are willing to engage with spot XRP ETFs. The strong debut of XRPQ could influence how future digital asset ETFs are structured, and may also affect future regulation that makes ETF launches easier. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Canada’s Largest XRP ETF Hits Big Numbers Within First Month appeared first on Times Tabloid .
BitcoinWorld Bitcoin Investment: Digital Commodities Achieves Breakthrough $2M Strategic Fundraising for Gold and Crypto In a significant move that highlights the evolving landscape of wealth management, Canadian investment firm Digital Commodities has announced a successful fundraising round, securing $2 million. This substantial capital injection is earmarked for a unique dual strategy: acquiring both Bitcoin investment and gold. This decision signals a growing confidence in a diversified approach that bridges the traditional with the revolutionary, offering a fascinating glimpse into the future of asset allocation. A Bold Move: Understanding the Bitcoin Investment Strategy The allocation of a significant portion of newly raised funds towards Bitcoin underscores a profound shift in institutional perception. Once dismissed as a speculative digital novelty, Bitcoin has steadily matured into a recognized asset class, often dubbed ‘digital gold.’ Its decentralized nature, finite supply, and increasing adoption as a store of value have made it an attractive hedge against inflation and economic uncertainty. Growing Institutional Interest: More investment firms are adding Bitcoin to their portfolios, recognizing its potential for significant returns and its role in a diversified asset mix. Inflationary Hedge: With global economies facing inflationary pressures, Bitcoin’s capped supply makes it an appealing counter-asset. Digital Scarcity: Its inherent scarcity, similar to precious metals, provides a strong value proposition in the digital age. Digital Commodities’ move is not just about chasing returns; it’s a strategic positioning to capitalize on the ongoing digital transformation of finance. Their commitment to Bitcoin investment reflects a forward-thinking approach to managing capital in an increasingly digital world. The Timeless Appeal: Reassessing Gold Investment in the Modern Era While Bitcoin represents the new frontier, gold remains a cornerstone of traditional portfolios. Its inclusion in Digital Commodities’ strategy alongside Bitcoin is a testament to its enduring value and its role as a stable asset during turbulent times. Gold has historically served as a reliable safe haven, preserving wealth across generations and acting as a hedge against currency debasement and geopolitical risks. Why combine the oldest form of money with the newest? Diversification: Gold often has a low correlation with other asset classes, providing stability when markets are volatile. Proven Track Record: Centuries of history demonstrate gold’s ability to retain value during economic downturns. Tangible Asset: For many investors, the physical nature of gold offers a sense of security that digital assets cannot replicate. This balanced approach recognizes that while Bitcoin offers exciting growth potential, gold investment provides a time-tested anchor, creating a robust and resilient portfolio. Behind the Scenes: How Digital Commodities Funding Shapes Future Portfolios The $2 million raised by Digital Commodities is more than just capital; it’s a vote of confidence from investors who believe in the firm’s vision of a blended asset strategy. This funding allows Digital Commodities to execute its dual acquisition plan, building a portfolio that aims to capture growth from digital assets while maintaining stability through traditional commodities. The successful Digital Commodities funding round indicates a growing appetite among sophisticated investors for innovative strategies that look beyond conventional investment vehicles. It suggests that financial institutions are increasingly willing to explore and integrate digital assets into their core offerings, recognizing the demand from a new generation of investors seeking exposure to both established and emerging markets. The Best of Both Worlds? Exploring the Crypto Gold Hybrid Model The decision to invest in both Bitcoin and gold positions Digital Commodities at the forefront of a burgeoning trend: the crypto gold hybrid portfolio. This strategy aims to leverage the unique strengths of each asset class to create a more resilient and diversified investment vehicle. While Bitcoin offers exposure to rapid technological advancement and potential exponential growth, gold provides a stable, tangible hedge against various economic uncertainties. Benefits of a Crypto-Gold Hybrid: Enhanced Diversification: Mitigates risks by spreading investments across assets with different risk profiles and market drivers. Dual Hedging: Offers protection against both traditional inflation (gold) and potential fiat currency devaluation (Bitcoin). Broader Market Exposure: Captures value from both the traditional commodity markets and the rapidly expanding digital asset ecosystem. Challenges to Consider: Bitcoin Volatility: While maturing, Bitcoin can still experience significant price swings. Custody and Security: Ensuring the safe storage of both physical gold and digital Bitcoin requires specialized solutions. Regulatory Landscape: The crypto space is still evolving, posing regulatory uncertainties that do not apply to gold. Here’s a comparative look at these two powerful assets: Feature Bitcoin Gold Nature Digital, Decentralized Physical, Centralized Mining Supply Fixed (21 million) Finite, but variable mining Volatility High Moderate to Low Store of Value Emerging ‘Digital Gold’ Traditional ‘Safe Haven’ Accessibility Global, 24/7 Digital Market hours, physical transfer Beyond Tradition: The Expanding Landscape of Alternative Investments Digital Commodities’ strategy is part of a larger narrative where investors are increasingly looking beyond conventional stocks and bonds for growth and stability. The search for alternative investments has gained momentum as traditional markets face unprecedented challenges, including low interest rates, inflation, and geopolitical instability. This has led to a surge of interest in assets like cryptocurrencies, real estate, private equity, and even collectibles. For individual investors, this trend offers a crucial lesson: diversification is key. While not every investor can access specialized funds, understanding the principles behind a crypto-gold hybrid can inform personal portfolio decisions. Consider allocating a portion of your portfolio to assets that are less correlated with traditional markets, whether it’s through direct crypto exposure, gold ETFs, or other alternative assets that align with your risk tolerance. Conclusion: A New Dawn for Diversification Digital Commodities’ $2 million fundraising and its commitment to purchasing Bitcoin and gold mark a pivotal moment in the investment world. It underscores a growing recognition that future-proof portfolios will likely be those that strategically blend the proven stability of traditional assets with the innovative potential of digital currencies. This move is a powerful signal to the market, highlighting the evolving definition of value and the necessity of adapting investment strategies to a dynamic global economy. As the lines between traditional and digital finance continue to blur, firms like Digital Commodities are paving the way for a new era of diversified and resilient wealth management. To learn more about the latest crypto market trends , explore our article on key developments shaping Bitcoin institutional adoption. This post Bitcoin Investment: Digital Commodities Achieves Breakthrough $2M Strategic Fundraising for Gold and Crypto first appeared on BitcoinWorld and is written by Editorial Team
The officers staged fake raids and used fraudulent warrants to track victims for "The Godfather's" criminal enterprise, prosecutors alleged.
This week’s Bitcoin rally hit turbulence late Monday after a long-dormant wallet linked to a so-called “Satoshi-era whale” moved roughly 17,000 BTC, worth over $2b, to Galaxy Digital. The transfer coincided with a pullback in Bitcoin prices, which slipped from above $123,000 to nearly $117,600, raising fresh questions about whether big players are offloading as retail interest surges. The transaction, flagged by blockchain analytics firm Spot On Chain, is part of a broader sequence of movements from a whale that has held the coins since 2011. [HOT] $8.68 BILLION worth of SATOSHI-ERA #Bitcoin on the move today! Over the past 12 hours, a total of 8 wallets jointly moved 80,000 $BTC (~$8.68B) to new wallets after being dormant for 14.3 years. Among these wallets, two received their $BTC in early April-2011 when the… https://t.co/7ipLEJr7Zv pic.twitter.com/28tPHV3nbG — Spot On Chain (@spotonchain) July 4, 2025 Bitcoin Wallets Dormant Since 2011 Reactivate With Massive Transfers Earlier on Monday, the same entity moved $2.4b worth of Bitcoin to a new address. Altogether, 80,000 BTC has shifted hands in recent days, marking the first activity from this wallet in over 14 years. According to Spot On Chain, eight wallets associated with the whale moved 80,000 BTC, worth around $8.68b, after over a decade of silence. Two of these wallets originally received the coins in April and May of 2011, when Bitcoin traded at less than $4. At the time, the total value of the holdings was just $217,800. Today, that stash has multiplied nearly 40,000 times in value. Galaxy Digital Receives Over $2B in BTC Transfers, With Portions Headed to Exchanges Galaxy Digital has emerged as the main destination for these funds. Lookonchain reported that 16,843 BTC, now valued at over $2b, has been transferred to the firm so far. This Bitcoin OG with 80,009 $BTC ($9.46B) transferred another 7,843 $BTC ($927M) to #GalaxyDigital , for a total of 16,843 $BTC ($2B). Galaxy Digital is depositing $BTC to exchanges, and 2,000 $BTC ($236M) has been directly deposited to #Bybit and #Binance . https://t.co/Sm9UBYboIN pic.twitter.com/rwxHtrV0DQ — Lookonchain (@lookonchain) July 15, 2025 Of that, 2,000 BTC, about $236m, was deposited directly to exchanges including Binance and Bybit, suggesting that at least part of the position may be preparing to be sold. As Retail Chases New Highs, Whales Are Preparing to Sell on Binance “While new all-time highs are exciting, the data points to caution. The smart money is moving, and their actions often precede significant market shifts.” – By @Crazzyblockk pic.twitter.com/bA6TX6WKWr — CryptoQuant.com (@cryptoquant_com) July 15, 2025 Analysts Eye Profit-Taking Signals as Dormant Wallets Stir to Life The timing has drawn attention. While retail investors keep buying, encouraged by Bitcoin’s new highs, whales seem to be shifting into profit-taking mode. As a result, some analysts see these transfers as early signs that large holders may be exiting before volatility returns. Notably, the wallet originally acquired Bitcoin at around $2 per coin. This implies a staggering return. Now, the latest movements likely mark the first sell-off by the holder since those early days. As a result, the shift may signal a major change in mindset. Conor Grogan, Coinbase’s head of product, has previously speculated that such reactivations may be due to compromised keys, though he noted the likelihood remains slim. Nevertheless, the reawakening of long-dormant coins has historically sparked caution in the market. For now, the whale still holds about 11,000 BTC, about $1.3b, leaving room for further transfers. Traders are watching closely, wary of what might come next. As more institutional desks handle whale transactions, many suspect these movements are tied to OTC deals rather than direct market sales. Even so, their effect on sentiment is hard to ignore. The post Whale Wallet Transfers Bitcoin Worth $2.1B to Galaxy Digital After Long Lull — Top Signal? appeared first on Cryptonews .
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BitcoinWorld PUMP Token: Unveiling the Surprising Stability and Retail Power Driving Its Market Ascent In the dynamic and often unpredictable world of cryptocurrencies, a new contender often emerges, capturing the attention of enthusiasts and analysts alike. Currently, all eyes are on the PUMP token , which has been demonstrating a fascinating resilience and unique market behavior since its inception. While many new tokens experience wild price swings, PUMP has maintained an unexpected stability, prompting leading on-chain analyst @ai_9684xtpa on X to delve deeper into the underlying metrics driving its performance. What makes PUMP different, and why are so many eyes on its journey in the volatile crypto market ? Unpacking PUMP Token’s Remarkable Market Performance The initial insights into the PUMP token ’s market activity paint a compelling picture of strategic planning and community engagement. According to the detailed analysis, the project team initiated the journey with a substantial $4 million in initial liquidity. This was not a one-time injection but rather added in multiple batches, a move that often signals a more thoughtful and long-term approach to market stability rather than a quick pump-and-dump scheme. This foundational liquidity is crucial for any new digital asset, providing a bedrock for trading and reducing extreme volatility in its early stages. What’s even more remarkable is how this initial capital has blossomed. Total liquidity for PUMP has surged to an impressive $50 million. This significant growth, as highlighted by the analyst, is predominantly fueled by the participation of retail investors . This isn’t just a number; it’s a testament to the organic interest and confidence from individual participants who are choosing to put their capital into PUMP. Such grassroots support is often a stronger indicator of a project’s health and potential longevity than mere institutional backing, as it reflects genuine belief from the wider community. Key Liquidity Milestones: Initial Liquidity Provided by Team: $4 million (added in multiple batches) Current Total Liquidity: $50 million (largely from retail participants) Furthermore, a substantial 24% community and ecosystem airdrop allocation is still pending announcement. This future distribution mechanism is a powerful tool for fostering a decentralized community, rewarding early adopters, and encouraging wider adoption. The anticipation of this airdrop could also be contributing to the sustained interest and holding behavior among current token holders, as they await potential benefits and further decentralization of the token’s supply. The Power of Retail Investors in the Crypto Market The narrative around PUMP is heavily influenced by the robust engagement of retail investors . In the broader crypto market , retail participation is a double-edged sword: it can drive massive rallies but also exacerbate crashes. However, in PUMP’s case, it appears to be a source of consistent strength. The fact that a significant portion of the $50 million in total liquidity comes from individual participants suggests a decentralized and resilient base. This contrasts with tokens heavily reliant on a few large whales, which can be prone to sudden, manipulative price movements. Why are retail investors flocking to PUMP? Part of the answer lies in its current valuation. The spot price for PUMP is hovering around $0.0055, which is notably above its public sale price of $0.004. This premium, though seemingly small, means that early public sale participants are already in profit. This positive sentiment from the outset can create a virtuous cycle, attracting more investors and fostering a sense of community success. It also suggests that the initial pricing was well-calibrated, or that demand has simply outstripped initial supply, pushing the price above its launch valuation. Understanding Investor Sentiment: Spot Price: ~$0.0055 Public Sale Price: $0.004 Significance: Early investors are profitable, fostering positive sentiment and attracting new interest. The consistent positive Binance futures funding rate for PUMP further reinforces this bullish sentiment, signaling strong long interest among traders. A positive funding rate means that long position holders are paying short position holders, indicating that the majority of futures traders expect the price to rise and are willing to pay a premium to maintain their long positions. This metric is a powerful real-time indicator of market conviction and can often precede significant price movements. Decoding On-Chain Analysis: What the Data Says About PUMP For those deeply entrenched in the world of digital assets , on-chain analysis provides an unparalleled level of transparency and insight into a token’s health. The data from PUMP is particularly intriguing. Beyond the spot price and funding rates, the stability of Open Interest (OI) in PUMP contracts post-launch is a critical indicator. Open Interest represents the total number of outstanding derivative contracts that have not been settled. A stable OI, with both long and short positions holding firm, suggests a balanced market with conviction on both sides, rather than panic selling or speculative over-leveraging. This stability is especially noteworthy given a significant market dynamic: PUMP has not yet been listed on any major centralized spot exchange. Typically, a token’s price can be highly volatile before and immediately after a major exchange listing, often experiencing a “listing pump” followed by a “dump.” PUMP’s ability to maintain a stable price without the liquidity and exposure that a top-tier exchange provides is truly unexpected. This anomaly could be attributed to the strong underlying retail support and the absence of speculative trading that often accompanies major exchange listings, allowing the token to find its organic price floor and build a more stable foundation. On-Chain Insights Table: Metric Observation Implication Binance Futures Funding Rate Remains positive Strong long interest, bullish sentiment among derivatives traders. Open Interest (OI) Stable post-launch Balanced market, conviction from both long and short positions, no panic. Major Exchange Listing None yet for spot trading Unexpected price stability, suggests strong organic demand and holding. Navigating Digital Assets: PUMP’s Path Forward The journey of any new digital asset is fraught with challenges and opportunities. For PUMP, the current stability without major exchange listings presents a unique scenario. On one hand, it demonstrates organic strength and a dedicated community. On the other, a listing on a major exchange could unlock massive liquidity, broader accessibility, and potentially significant price appreciation. The question then becomes: when, and under what circumstances, will such listings occur, and how will the market react? The pending 24% community and ecosystem airdrop also remains a key factor. A well-executed airdrop can significantly boost community engagement and decentralization, but a poorly managed one can lead to sell-offs. The team’s strategy for this allocation will be critical in maintaining the current positive momentum and further solidifying PUMP’s position in the crypto market . Actionable Insights for Investors: Monitor Liquidity Trends: Keep an eye on how total liquidity evolves, especially the proportion contributed by retail. Continued growth signals sustained interest. Watch for Airdrop Announcements: Details on the 24% community allocation will be crucial for understanding future supply dynamics and potential price impact. Anticipate Exchange Listings: While PUMP has shown stability without them, a major exchange listing could be a significant catalyst. Research potential exchanges and their listing criteria. Track Funding Rates & Open Interest: These derivatives metrics provide real-time sentiment indicators. A sustained positive funding rate and stable OI indicate continued bullish conviction. PUMP’s current trajectory offers a compelling case study in organic growth and community-driven success. Its ability to maintain price stability above its public sale price, coupled with strong retail interest and positive futures sentiment, paints a promising picture. While the absence of major spot exchange listings might seem like a hurdle, it has perhaps allowed PUMP to build a more robust, less speculative foundation. As the project moves forward, the pending airdrop and potential future exchange listings will be pivotal moments that could define its long-term success in the competitive digital asset landscape. To learn more about the latest crypto market trends, explore our article on key developments shaping digital assets and their price action. This post PUMP Token: Unveiling the Surprising Stability and Retail Power Driving Its Market Ascent first appeared on BitcoinWorld and is written by Editorial Team
As controversy around Jeffrey Epstein reignites, a longtime critic of government power sees a deeper crisis of trust with transformative potential. Ron Paul condemned the Department of Justice’s recent statements on Epstein, arguing that the agency’s denial of a client list and insistence on suicide—despite contradicting evidence—exemplify a larger pattern of deception by government institutions.