Today’s Crypto News: SEC Concludes Case With Justin Sun Through $10M Settlement, DeepSnitch AI’s March 31 Presale Deadline Drives Buying FOMO, While Pepe and Bonk Sustain Further Losses

On Thursday, March 5, the U.S. Securities and Exchange Commission (SEC) announced the conclusion of a three-year legal dispute with cryptocurrency entrepreneur and Tron founder Justin Sun. According to today’s latest crypto news, this announcement follows an agreement where Rainberry, one of Sun’s ventures, will pay a $10 million settlement, bringing an end to the lawsuit over alleged fraud and violations of securities laws.

Meanwhile,  is currently trending. Today’s crypto news highlights that the DSNT presale will end on March 31, 2026. For newcomers, DeepSnitch AI is a new cryptocurrency market intelligence platform that facilitates simple, accurate, and real-time market analysis through the use of AI agents.

On Friday, DeepSnitch AI is priced at $0.04313, with over $1.961 million raised to date. The token is expected to surge 100x in 2026 following a successful launch.

The US SEC ends long-standing legal battle with Justin Sun

In the latest cryptocurrency news update, the U.S. SEC confirmed it has concluded the prolonged legal dispute with Justin Sun, as noted in a  to a Manhattan federal court on Thursday. This decision follows Rainberry’s agreement to pay $10 million as a settlement for the lawsuit.

Sun’s firms, Tron Foundation and BitTorrent Foundation, were sued in March 2023 over allegations of fraud and securities law violations. However, the SEC clarified that neither Sun nor the firms admitted or denied the allegations.

Cryptocurrency news update: Eyes turn to DeepSnitch AI’s launch deadline as BTC rally halts midway

1. DeepSnitch AI approaches launch as the team confirms the presale ends in late March: Should you buy it now?

Crypto investors now view DeepSnitch AI as an exceptional and innovative cryptocurrency project. The platform uses five AI agents to provide retail investors with access to trading signals without exorbitant costs.

Previously, such information was reserved for large investors (whales) and high-end individuals. Today, however, anyone can access profit-focused intelligence through DeepSnitch AI.

With the presale deadline set for March 31, buyers have limited time to make purchases. Notably, unlike other crypto presales, DeepSnitch AI tools are fully operational, with all features available on a single dashboard.

DeepSnitch AI is currently priced at $0.04313, a low entry point for a project with significant growth potential. So far, $1.961 million has been raised, indicating strong demand.

Upon launch,  could surge 100x, with recent crypto news showing significant rotation into high-beta tokens like DSNT. Purchasing today grants a 150% presale bonus for purchases over $10,000.

This generous offer adds 347k tokens to the standard 231k received at the current price without the bonus. If the price increases 100x, the additional tokens would yield approximately $1.4 million in profit.

 

2. Pepe risks a deeper plunge, with the price now moving within a descending channel

Pepe (PEPE) faces significant bearish pressure despite a brief recovery in Bitcoin and some top cryptocurrencies over the past week, as per today’s latest crypto news. On Friday, this meme coin  at $0.00000336, according to the daily TradingView chart.

The chart also shows PEPE’s price trading within a descending channel. Typically, this technical pattern signals a bearish trend, with the price expected to drop further unless a bullish catalyst emerges.

3. Bonk’s Bollinger bands show consolidation ahead of a potential rally

Like Pepe, Bonk (BONK) is also under bearish pressure. This cryptocurrency was  at $0.00000614 on March 6, per the daily TradingView chart. However, Bonk’s Bollinger Bands are narrowing, indicating a period of low volatility and consolidation.

This phase suggests that if bullish catalysts emerge, Bonk could rally in the near term. However, the crypto is currently bearish and may face continued pressure. Recent crypto news indicates bearish market sentiment as tensions between the U.S. and Iran escalate.

Conclusion

Today’s breaking crypto news highlights that the DeepSnitch AI presale is nearing its end. For early buyers, this means less than three weeks remain before the window closes.

Failing to buy now means missing the chance to acquire DeepSnitch AI at a low price permanently. This could be detrimental, as DeepSnitch AI is projected to surge 100x, given its strong value proposition.

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FAQs

1. Why is crypto crashing now?

The cryptocurrency news update for Friday, March 6, shows the crypto market declining due to capital rotating into other asset classes amid heightened volatility. However, some capital is shifting into new projects like DeepSnitch AI, which has raised nearly $2 million.

2. Should I exit crypto now?

Instead of exiting, smart money is rotating into high-beta tokens like DeepSnitch AI. According to today’s latest crypto news, this cryptocurrency is approaching launch and could deliver significant returns.

3. Should I sell my crypto or hold?

Panic selling may lead to missing out on substantial returns. However, your individual strategy should guide this decision. Today’s breaking crypto news highlights that DeepSnitch AI could surge sharply, offering up to 100x profits in 2026.