Today in crypto news, a US federal judge vacated fraud convictions against Avraham Eisenberg, who exploited the decentralized exchange Mango Markets for $110 million. The ruling determined that the evidence did not support claims of false representations, significantly weakening the government's case against him. In related market activity, US-based spot Bitcoin ETFs saw inflows of $2.75 billion this week as Bitcoin's price exceeded its previous all-time high of $109,000. This represents a substantial increase from the previous week's $608 million in inflows. Notably, BlackRock’s IBIT led gains, adding $430.8 million. Meanwhile, US lawmakers are urging an investigation into President Trump's recent memecoin dinner involving potential foreign influences. Concerns were raised regarding possible violations of the emoluments clause of the Constitution due to the nature of contributions linked to foreign individuals attending the event. The call for investigation was made just before the dinner took place, highlighting issues of transparency in political fundraising related to cryptocurrencies.

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