U.S. CFTC Acting Chairman: Enforcement Division Restructured, Refocused on Combating Fraud

May 25 — The New York Times reports that U.S. President Donald Trump announced a "basic agreement" with Iran, which could cover ending hostilities, reopening the Strait of Hormuz, and rolling back some U.S. sanctions on Tehran. But major gaps remain between the two sides on the deal’s specific terms. Multiple Iranian officials say Tehran has agreed to a memorandum of understanding (MOU) that includes halting cross-border conflicts, restoring commercial shipping in the Strait of Hormuz free of tolls, the U.S. lifting its naval blockade on Iran, and unfreezing roughly $250 billion in Iranian assets held overseas. U.S. officials highlight a key pillar of the agreement: Iran has tentatively agreed to dispose of its stockpile of highly enriched uranium, though the exact process will be worked out in future nuclear negotiations. The Iranian side added that the nuclear issue will be discussed over the next 30 to 60 days. The report notes that since the U.S. launched strikes against Iran in

May 25: According to OnchainLens monitoring, a whale cryptocurrency address deposited 17.566 million ENA tokens to Wintermute in a transaction worth roughly $1.78 million, incurring an approximate $3.6 million loss in the process. Prior to this deposit, the whale had withdrawn this exact batch of ENA from both Wintermute and Binance, spending a total of around $5.38 million on that earlier withdrawal.

The New York Times reported on May 25 that even as the U.S. and Iran edge closer to a deal to reopen the Strait of Hormuz, getting nearly 1,500 ships stranded in the Persian Gulf for almost three months back to sailing through the waterway will still require complex coordination. As a result, global energy shipping isn’t likely to return to normal anytime soon. The outlet noted that once the strait is actually reopened, shipping companies will still need to work through key issues: setting ship priorities, securing passage permits, arranging routes, and addressing potential risks from naval mines. Industry insiders predict that even if a formal agreement is finalized, it could take several weeks or even months to get back to the pre-conflict average of 130 ships transiting the strait each day. Since the Strait of Hormuz carries roughly one-fifth of the world’s oil and gas shipments, this slow recovery of logistics means international energy prices won’t drop quickly in the near term.

On May 25, a crypto whale deposited 5,637 ETH into the OKX exchange, according to monitoring from OnchainLens. The transaction is valued at approximately $11.92 million. The wallet address associated with this transfer is 0xeb17adb575c86055c1beec0872bcff156647a98e.

May 25 — International oil prices opened sharply lower on Thursday, May 25, as markets reacted to signals that a U.S.-Iran agreement is nearing completion. As of press time, both West Texas Intermediate (WTI) and Brent crude futures had fallen more than 5%. Earlier, former President Trump noted U.S.-Iran negotiations were "getting closer" to a deal, though he later clarified the agreement was not yet fully finalized. Even so, the market has already priced in expectations of easing geopolitical risks, weighing on crude values. Analysts attribute the core price drop to growing confidence that the Strait of Hormuz will return to normal operations. Iran reported 33 vessels, including oil tankers, successfully transited the strategic waterway over the past 24 hours — a marked improvement in shipping conditions compared to recent months. Yan Wu, an analyst at Longzhong Information, said a preliminary U.S.-Iran peace deal has sent a long-awaited positive signal to global oil markets. Han Z

On May 25, AI monitoring flagged a flash crash for ESPORTS, with the token plummeting by 92%—and DWF Labs is suspected to be the liquidity provider for this digital asset. Five days prior, the address 0x7Ef…C10dD transferred 19.9 million ESPORTS tokens to a Kraken-linked address associated with DWF, a transaction totaling $13.9 million in value. The funds in this address trace back to the token’s deployment address, which is also one of the addresses involved in the flash crash, repeatedly engaging in on-chain token dumping.