A lawsuit claims that Drake used a crypto casino to launder money and U.S. national debt reaches $38.4 trillion.

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Canadian rapper Drake is at the center of a new class action lawsuit filed in Virginia,

alleging he used the crypto casino stake.us to launder money for music botting campaigns.

The suit, which also named streamer Aidan Ross, accuses the group of RICO violations.

Plaintiffs claim the defendants use the platform's tipping feature to move funds that paid for bots

to artificially

inflate Drake's streaming numbers. The lawsuit further attacks the legality of stake.us, calling it

any legal gambling operation masquerading as a quote social casino to dodge US laws. The plaintiffs

are seeking over $5 million in damages. The U.S. national debt has reached a staggering record of $38.4 trillion, a milestone that

coincided with the 17th anniversary of Bitcoin's Genesis Day earlier this week.

With the debt to GDP ratio exceeding 120 percent, analysts warn of fiscal dominance,

a scenario where the Federal Reserve may be forced to keep interest

rates low simply to help the government afford its interest payments.

Analysts from BitFinex suggests this environment is prime for currency debasement, potentially

driving investors towards hard assets.

As of this morning, Bitcoin is trading near $94,000, showing a weekly gain of over 5%.

And Wall Street giant Morgan Stanley has filed to launch its own spot Bitcoin and Salana

ETFs, according to a form S1 submitted on January 6th. This move marks a major shift for the bank,

which previously only allowed clients access to third-party funds. The proposed Morgan Stanley

Bitcoin Trust and its Salana

counterpart aimed to capture a lucrative management fees through the bank's massive advisor network.

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