MP Lisa Cameron forced into hiding after defecting from the SNP to the Conservative Party
An MP who defected from the Scottish National Party to join the Conservatives this week has said she and her family have been forced into hiding after receiving a barrage of threatening messages.
Dr Lisa Cameron said she was told “I hope you burn” and “I hope someone throws a brick at you in the street” among a series of threats received over email.
“Think your mental health is bad now — wait til you see what abuse and nastiness yer (sic) going to have to put up with,” another message said.
Dr Cameron, her husband and two daughters have moved out of their home and are now living at an undisclosed location in the Scottish countryside.
Speaking to The Times newspaper, Dr Cameron said she took the decision to leave her home to protect her two children.
“The kids were getting upset and I didn’t want them to be impacted any more. I thought it was best to get away and try and protect them,” she told the newspaper.
“I am a mum before anything else and that was foremost in my thoughts.”
The move comes after she resigned on Thursday citing what she called the “toxic and bullying SNP Westminster group”, saying she did not feel able to continue.
But the decision of the MP for East Kilbride, Strathaven & Lesmahagow to quit the SNP but not her seat sparked some criticism.
First Minister Humza Yousaf has called for her to resign her seat and call a by-election.
“She should do the honourable thing by her constituents, who voted for an SNP MP [but] did not vote for a Conservative MP,” Mr Yousaf said.
First Minister Humza Yousaf has called for Dr Cameron to resign her seat and call a by-election.
In a statement, Dr Cameron criticised her treatment by the SNP and its leadership after she spoke out about her colleague, Patrick Grady.
Mr Grady was suspended from the House of Commons for two days last year after he was found to have made an “unwanted sexual advance” to a member of party staff in 2016.
The former NHS psychologist said she was mistreated by her party after speaking in support of the complainant.
In a statement she said: “I do not feel able to continue in what I have experienced as a toxic and bullying SNP Westminster group, which resulted in my requiring counselling for a period of 12 months in parliament and caused significant deterioration in my health and wellbeing as assessed by my GP including the need for antidepressants.
“I will never regret my actions in standing up for a victim of abuse at the hands of an SNP MP last year, but I have no faith remaining in a party whose leadership supported the perpetrator’s interests over that of the victim’s and who have shown little to no interest in acknowledging or addressing the impact,” she added.
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In a separate interview with the Scottish Daily Mail she said her only regret was not leaving the SNP sooner, describing aspects of the party as “cult-like”.
“It does feel quite cult-like in the sense that, in order to have continued approval, you have to think and act and speak and behave in a way that is expected constantly, and never to criticise,” she told the newspaper.
She also claimed there was a “cult of personality” within the SNP that has left people feeling “unable to question” the leadership and being forced to leave.
Prime Minister Rishi Sunak has said he was “delighted” Dr Cameron had decided to join the Conservatives, describing her as a “brave and committed constituency MP”.
But, SNP president Mike Russell said on Friday the defection was an “odd tantrum”, from someone who was “going to lose their nomination”.
The SNP is due to meet on Sunday for Humza Yousaf’s first conference as leader.
A group of investors has filed a class-action lawsuit against decentralized cryptocurrency exchange Meteora, alleging the firm was involved in manipulating the launch and market price of the M3M3 token.
In an amended complaint filed on April 21 in the US District Court for the Southern District of New York, the plaintiffs allege that venture capital firm Kelsier Labs, Meteora, and four current or former executives “intentionally misrepresented” information in the M3M3 launch in December 2024.
The investors claimed that they suffered at least $69 million in losses between December 2024 and February 2025 after the parties presented “trusted leaders in the Solana ecosystem” as being behind the token launch, rather than a “blatant fraud” in which sales were manipulated to artificially inflate the price.
“This artificially-inflated valuation communicated highly misleading information to non-insider investors, who reasonably relied on Defendants’ representations that the $M3M3 launch was fully accessible to the public and conducted in a transparent manner fair to non-insider investors, and thus reasonably relied on $M3M3 market price as a meaningful measure of its value,” the complaint reads. “The post-launch price spike also served to corroborate Defendants’ aggressively-marketed, but misleading, assertions that $M3M3 had intrinsic value and a comparatively low risk profile.”
The lawsuit is one of many involving different crypto firms that have alleged fraud through violations of US securities laws. Though the US Securities and Exchange Commission (SEC), under acting chair Mark Uyeda since US President Donald Trump took office, has scaled back or dismissed many enforcement actions involving digital assets, the agency said in February it still intended to pursue cases against fraudulent token projects.
The investors added:
“Together, Defendants designed the $M3M3 Token and planned its launch on Meteora in a manner intended to illicitly enrich themselves at the expense of the unsuspecting investing public.”
Related: Meteora says co-founder’s X account hacked after ‘parasitic’ memecoin post
Memecoins in the Solana ecosystem
Meteora has been tied to the launch of several high-profile yet controversial tokens, including those for Trump (TRUMP), his wife Melania (MELANIA), Libra (LIBRA), and online influencer Haliey Welch (HAWK).
According to the lawsuit, the firm “purported to offer a comprehensive solution to the problems in the memecoin investment market” with the launch of M3M3. The defendants in the case allegedly attempted to distinguish the token from other notable memecoins by highlighting the “legitimacy and trustworthiness” through the involvement of Meteora co-founder Ben Chow and the platform.
Kelsier Ventures, KIP Protocol, and Meteora face a similar class-action lawsuit filed in New York in March over LIBRA allegedly being launched in a “deceptive, manipulative and fundamentally unfair” manner. Argentine President Javier Milei briefly promoted the token over social media after his sister reportedly received payments from the project.
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More than 70 cryptocurrency exchange-traded funds (ETFs) are slated for review by the US Securities and Exchange Commission (SEC) this year. According to Bloomberg analyst Eric Balchunas, the list includes proposed ETFs holding a range of assets, from altcoins to memecoins to derivatives instruments.
“Everything from XRP, Litecoin and Solana to Penguins, Doge and 2x Melania and everything in between,” Balchunas said in an April 21 post on the X platform. “Gonna be a wild year.”
Related: ARK adds staked Solana to two tech ETFs
Uncertain institutional demand
The planned funds listings come as institutional investors turn increasingly bullish on crypto as an asset class.
Upward of 80% of institutions say they plan to increase allocations to crypto in 2025, according to a March report by Coinbase and EY-Parthenon.
However, analysts caution that just because ETFs are approved for US listings doesn’t guarantee widespread adoption, especially for funds holding more obscure alternative cryptocurrencies.
“Having your coin get ETF-ized is like being in a band and getting your songs added to all the music streaming services,” Balchunas said.
“Doesn’t guarantee listens but it puts your music where the vast majority of the listeners are.”
Sygnum Bank’s research head, Katalin Tischhauser, told Cointelegraph she expects altcoin ETFs to see cumulative inflows of several hundred million to $1 billion, far less than spot Bitcoin funds.
Funds holding Bitcoin (BTC) — the first spot cryptocurrency approved for listing in a US ETF wrapper — attracted upward of $100 billion in net assets last year.
However, ETFs using options and other derivatives to provide structured exposure to cryptocurrencies such as Bitcoin and Ether might see more institutional uptake, analysts said.
Options on spot cryptocurrencies unlock numerous potential portfolio strategies for investors and could potentially catalyze “explosive” price upside for digital assets such as Bitcoin, Jeff Park, Bitwise Invest’s head of alpha strategies, said in September.
Options are contracts granting the right to buy or sell an underlying asset at a certain price.
On April 21, ARK Invest added exposure to staked Solana (SOL) to two of its existing ETFs. The asset manager said it marks the first time spot SOL has been available to US investors in an ETF.
Magazine: ‘Bitcoin layer 2s’ aren’t really L2s at all: Here’s why that matters
New filings from the Federal Election Commission (FEC) reveal that several cryptocurrency firms and their executives made significant contributions to US President Donald Trump’s inauguration fund after the results of the 2024 election.
According to FEC filings made public on April 20 by the Trump-Vance Inaugural Committee, Uniswap CEO Hayden Adams donated more than $245,000, Solana Labs donated $1 million, and software firm Consensys sent $100,000 in January 2025 to support the then-president-elect’s inauguration. Many major crypto firms had previously announced their support of Trump through donations to the inaugural fund, including Coinbase, Ripple Labs, Kraken, Ondo Finance, and Robinhood.
Altogether, the fund reported more than $239 million in net donations between Nov. 15 and April 20 from companies and individuals. These included $1 million from McDonald’s, $1 million from Meta, $1 million from Apple CEO Tim Cook, $1 million from OpenAI CEO Sam Altman, and various contributions from Delta Air Lines, ExxonMobil, FedEx, Nvidia, PayPal, Target, and Coca-Cola.
Since Trump took office on Jan. 20 and appointed Mark Uyeda as acting chair of the US Securities and Exchange Commission (SEC), the agency has dropped multiple investigations and enforcement actions against crypto firms, including those that donated to the president’s 2024 campaign or inauguration fund. In February, Uniswap reported that the SEC had dropped its probe into the firm, and Consensys founder Joseph Lubin said the agency had agreed to end a separate lawsuit.
Memecoins, stablecoin issuers, and future elections
Trump’s memecoin, launched on Jan. 17 on the Solana blockchain — along with his wife Melania’s, which was available a few days later — has many in the crypto industry and the US government questioning the president about conflicts of interest by capitalizing on his position. The president’s family is also behind the launch of World Liberty Financial, a crypto firm responsible for a US dollar-pegged stablecoin at a time when lawmakers are considering legislation to regulate the technology.
In addition to the Consensys case, the SEC said it intended to drop enforcement actions or investigations into Ripple, Kraken, Robinhood and Coinbase. The three firms donated a combined $9 million to the inauguration fund.
Related: Trump’s next crypto play will be Monopoly-style game — Report
The 2024 US election cycle saw crypto-backed political action committees (PACs) spending more than $131 million to influence races in crucial congressional districts. The Fairshake PAC has already said it had more than $100 million available, in part from contributions from Coinbase and Ripple, to spend on the 2026 midterms.
Magazine: Trump’s crypto ventures raise conflict of interest, insider trading questions
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