Crypto’s Ugly November 2025: DeFi Meltdown & Political Turmoil

November 2025 witnessed a tumultuous period for the cryptocurrency market, marked by significant losses and escalating political tensions. The month was defined by two major DeFi hacks totaling over $221 million, followed by a concerning freeze of nearly $456 million from Justin Sun’s TrueUSD stablecoin. Amidst this chaos, rumors of legal action against Binance arose only to be completely shut down. Additionally, Senator Elizabeth Warren launched an aggressive attack on the Trump family’s crypto ventures through official investigations and legislative actions.