Overview of Important Developments on May 16th at Noon

7:00-12:00 Keywords: GENIUS Act, Ripple, AI Scam

1. FBI warns of AI scam escalation, hackers use deepfake voice to impersonate US officials;

2. US court dismisses SEC and Ripple settlement motion due to procedural error;

3. Abu Dhabi sovereign wealth fund invests $408 million in BlackRock Bitcoin ETF;

4. Strategy Director Jarrod Patten sells $5.2 million worth of company stock;

5. US Senate Majority Leader has filed a motion to end debate on the GENIUS Act;

6. California pension fund discloses purchase of $276 million worth of Strategy stock;

7. Russian Central Bank rates Bitcoin as the best-performing asset in the country's financial market by April 2025.