thanks buddy

Here are the key crypto updates for **June 11, 2025**:

1. **Mt. Gox Repayments Start:** The defunct exchange Mt. Gox has begun distributing approximately **$9 billion worth of Bitcoin (BTC)** and Bitcoin Cash (BCH) to creditors. This long-awaited move raises concerns about potential selling pressure on the market.
2. **Ethereum ETF Progress:** Major issuers (BlackRock, Fidelity, Grayscale) have submitted revised **S-1 forms** to the SEC for their spot Ethereum ETFs. Approval is still pending, but launch is anticipated by early July.
3. **Coinbase Wins Legal Battle:** A US federal court dismissed a lawsuit alleging Coinbase sold unregistered securities. The ruling cited lack of "probable cause," boosting sentiment for the exchange and listed tokens.
4. **Vitalik on AI Risks:** Ethereum co-founder Vitalik Buterin emphasized the critical need for **decentralized AI infrastructure** to mitigate risks from centralized AI systems in a social media post.

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