Justin Sun: Li Lin Once Concealed Due Diligence Materials, I Lent the Company $30 Million to Fill the Gap

April 28 – Per LookOnChain data, two wallets linked to Galaxy Digital have transferred a total of 45,000 ETH to Binance, Bybit and OKX over the past 15 hours, with the transaction valued at roughly $104 million.

April 28th — Per Onchain Lens monitoring, whale address tummy.hl (@tummyy1) sold 50,000 HYPE tokens 4 hours ago at an average price of $41.43, netting 2.07 million USDC. Data shows the address still holds 100,000 HYPE tokens post-sale, valued at approximately $4.16 million at current market prices.

Data Beat monitoring shows pop star Taylor Swift has filed a trademark application covering two audio clips and an image of herself. A trademark attorney noted the move is intended to protect her voice and likeness from being exploited in AI-generated deepfake videos and audio. The applications were filed with the U.S. Patent and Trademark Office on Friday, and documents show ownership of the audio clips and image lies with Taylor Swift’s TAS Rights Management. As of Monday, Swift’s spokesperson has not responded to comment requests, and the attorney listed on the application documents has also not responded.

April 28th — Billionaire investor Ray Dalio warned the U.S. economy has entered a period of stagflation, and called a potential interest rate cut by Kevin Warsh (the expected next Federal Reserve Chair) a mistake. Dalio noted Warsh is widely expected to take the Fed’s top job in mid-May. A rate cut from Warsh at that time, he said, could undermine market confidence in the central bank at a critical moment. While acknowledging ongoing U.S.-Iran tensions, Dalio added the recent sharp rebound in U.S. stocks is justified by strong corporate earnings. Still, he recommended allocating 5% to 15% of portfolios to gold, labeling it an “effective diversification tool.”

On April 28, as U.S. lawmakers push to formally enshrine former President Trump’s “Strategic Bitcoin Reserve” into law, White House Chief Cryptocurrency Advisor Patrick Witt signaled a “major announcement” on the reserve’s next steps will come in the coming weeks. Speaking Monday at the Bitcoin 2026 conference in Las Vegas, Witt—who also serves as Executive Director of the Presidential Digital Asset Advisory Committee—said he and his team have been advancing work on the strategic Bitcoin reserve. He noted, “The President signed an executive order on the strategic Bitcoin reserve last year. Since then, we’ve been researching the specific mechanisms needed to implement the plan, plus the legal interpretations required to ensure proper execution of the scheme and protect the government’s balance sheet digital assets—especially Bitcoin.”

April 28 — The Israel Securities, Insurance and Savings Authority has approved the launch of a shekel-backed stablecoin from virtual asset trading platform Bits of Gold. The regulatory body said in a Monday announcement that after a two-year pilot project, it has greenlit the stablecoin—named BILS—which operates on the Solana blockchain. Per the announcement, the stablecoin’s reserve assets will be held in a “designated and segregated account” in Israel. This move is also part of efforts by Israel’s Tax Authority and Ministry of Finance to regulate the cryptocurrency industry, including allowing specific stablecoin operations.