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Jinse Finance reported that the U.S. Department of Justice has presented new arguments regarding why President Trump should be allowed to remove Federal Reserve Governor Lisa Cook, stating that her claims about a "rate cut pretext" are unfounded. Cook is accused of mortgage fraud and is currently challenging the decision to remove her from office. On Thursday, U.S. government lawyers again urged the judge to dismiss Cook's request to prohibit her removal during the lawsuit, reinforcing arguments made at last week's hearing. Just hours before the legal documents were filed, reports emerged that the Department of Justice had launched a criminal investigation into Cook. The U.S. government asserts that the fraud allegations, first raised by Federal Housing Finance Agency Director Sandra Thompson, already constitute sufficient "cause" under U.S. law for Trump to dismiss her. In Thursday's filing, the Department of Justice emphasized that the judge must not "second-guess" Trump's judgment regarding the existence of grounds for dismissal, and once again refuted the claim that the dismissal was merely a pretext to control the Federal Reserve and cut rates. "Her only 'evidence' is that the President has criticized the Federal Reserve's policies," the document stated, "but mere policy disagreements do not mean the President dismissed Cook for that reason."

Jinse Finance reported that World Liberty has blacklisted Justin Sun's address, locking 540 million unlocked tokens and 2.4 billion locked tokens. They stated that they believe a certain exchange has been using user tokens for selling, thereby suppressing the price.