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ChainCatcher reports, According to data from SolanaFloor citing Blockworks, Letsbonk.Fun has, for the first time, surpassed all other Solana meme coin launch platforms—including pump.fun—in monthly revenue. Letsbonk.Fun generated approximately $37.38 million in revenue in July, while pump.fun recorded about $15.38 million for the same period.

According to ChainCatcher, citing a report from Decrypt, the Chief Legal Officer of a certain exchange, Paul Grewal, has revealed that a motion has been filed with the federal court, accusing the U.S. Federal Deposit Insurance Corporation (FDIC) of systematically obstructing the disclosure of documents related to "Operation Chokepoint 2.0." Court documents show that even after being ordered to cooperate four times, the FDIC still refused to fully submit the "pause letters" issued between 2020 and 2024, which instructed banks to suspend their crypto-related business activities. Internal policy documents confirm that the FDIC instructed staff to withhold all documents covered by Exemption 8 of the Freedom of Information Act (FOIA), without distinguishing between factual content and analytical material. The exchange accuses the agency of adopting an "extremely narrow interpretation," only searching for documents submitted to the Office of Inspector General, resulting in the omission of a large number of key records. At a hearing in January, the FDIC admitted that it had not established a record retention system for FOIA litigation. This legal battle has already forced the FDIC to disclose hundreds of pages of documents, revealing that banks have "generally encountered resistance" when engaging in crypto business. As the Trump administration pushes for crypto-friendly policies, the exchange stated that investigating these "historical misconducts" is to ensure they do not happen again.