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Soap Opera Daily - News, Spoilers, Celebrity Updates, Recaps > The Young And The Restless > The Young And The Restless Recap Today > Cane’s Crypto Empire Exposed! The Young and the Restless Recap (June 23, 2025): Victor Rejects Deal, Billy Hunts for Hidden Truths

Cane’s Crypto Empire Exposed! The Young and the Restless Recap (June 23, 2025): Victor Rejects Deal, Billy Hunts for Hidden Truths

Last updated: June 24, 2025 7:31 pm
By Apoorva Agrawal Published June 24, 2025 Add a Comment
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The Young and the Restless recap for June 23, 2025, reveals explosive secrets, emotional flashbacks, and big confrontations. Cane’s empire came under scrutiny, while family ties and old betrayals stirred chaos across Genoa City. Let’s dive into Monday’s dramatic turns and see who was shaken the most.

   

Cane Confesses, But Victor Refuses to Budge

Cane Ashby finally dropped the mask and shared his truth with Victor. He admitted hiding behind the Aristotle Dumas persona to protect his reputation. Victor demanded answers fast, and Cane delivered. He opened up about his late father Colin, who helped him build the empire with smart crypto investments.

The Young and the Restless Recap
Y&R/ Cane confesses his truth to Victor

Cane’s emotional confession included Colin’s death six months ago and a desire for a clean slate. He wanted Chancellor in exchange for selling part of his fortune. But Victor refused to negotiate. Despite Cane’s honesty, Victor still saw the proposal as too risky.

The Young and the Restless Recap: Billy and Sally Clash Over Exposing Cane

At the same time, Sally Spectra wanted to seize the moment. She pitched an idea to Billy Abbott—break the story about Cane’s true identity through Abbott Communications. Sally believed the exposure could launch their company with a bang. But Billy wasn’t onboard. He wasn’t ready to walk away just yet.

The Young and the Restless Recap
Y&R/ Sally and Billy get in a fight

Billy still questioned Jill Abbott’s involvement. Did she know about Cane’s game? The revelation brought back old resentment. Sally, however, remained focused on headlines. She wanted to leave, but Billy insisted on staying to uncover the full truth.

Phyllis and Nick: No Grudges, Just Goals

Phyllis Summers stood firm. She told Nick Newman that she didn’t blame Cane for the past. She wasn’t holding grudges. Her mission stayed the same, and Cane wasn’t a threat to it. Talk shifted to Billy’s past phone call with Cane, which didn’t raise suspicion at the time. Billy had simply failed to recognize the voice.

Y&R/ Phyllis has her eyes on the prize

Their conversation showed that Phyllis was thinking ahead. She wasn’t here to dwell—she had her sights set on what’s coming next.

The Young and the Restless Recap: Audra and Kyle Share Flirty Tension Over Cane Drama

Meanwhile, Audra Charles quizzed Kyle Abbott about Cane’s situation. Kyle teased her about having a romantic interest in Cane. Audra shut that down, teasing Kyle in return and acting like he was the jealous one. Their back-and-forth added some playful spice to the growing mystery.

The Young and the Restless Spoilers
Y&R/ Audra questions Kyle

Though it seemed light-hearted, Audra clearly had a reason for digging deeper. The information she’s gathering might come back to haunt more than one person in Genoa City.

Lily Faces the Past with Painful Flashbacks

Over on the train, Lily Winters told Devon and Damian about her complicated history with Cane. She once had peace with him, but that changed. A flashback revealed the moment things turned—Cane reconnected with Colin and wanted their kids to visit him.

The Young and the Restless Recap
Y&R/ Lily faces her past

Lily couldn’t forgive that. She didn’t want Cane back in her life. But even now, she admitted she couldn’t return home without knowing everything. There were still too many gaps. Cane’s story wasn’t finished. And neither was Lily’s quest for closure.

The Young and the Restless recap for June 23, 2025, was packed with revelations and tension. Cane’s confession stirred the pot, but it didn’t win everyone’s trust. Billy stayed suspicious, Lily remained emotional, and Audra kept digging. Keep watching for more drama, only on Soap Opera Daily.

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