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According to the monitoring by PieShield, an address associated with crypto KOL @sillytuna (0xd2e8...ca41) has suffered from an address poisoning attack, resulting in a loss of approximately 24 million dollars in aEth USDC.About 20 million dollars in DAI is currently still held in two temporary wallets controlled by the attackers (not yet mixed):0xdCA9...c9C4 (approximately 10 million dollars);0xd0c2...dd3e (approximately 10 million dollars). The attackers have begun transferring small amounts of funds across chains to Arbitrum.

According to The Block, in response to JPMorgan CEO Jamie Dimon's recent comments on stablecoin yields, White House digital asset advisor Patrick Witt offered a rebuttal.Dimon previously stated that platforms paying stablecoin yields should be regulated like banks, as "holding balances and paying interest" constitutes banking. Witt responded on the X platform, claiming that Dimon's statement is misleading.He pointed out that it is not the payment of yield on balances that requires bank-like regulation, but rather the lending or re-collateralization of the dollars that make up the underlying balances. The GENIUS Act explicitly prohibits stablecoin issuers from engaging in the latter, so stablecoin balances should not be equated with bank deposits.

Bloomberg analyst James Seyffart posted on X platform that institutional investors submitting 13F reports to the U.S. Securities and Exchange Commission reduced their Bitcoin ETF positions in the fourth quarter of 2025, with investment advisory firms and hedge funds being the two largest categories of institutions by position size, becoming the main sellers in the market.Overall, the reporting institutional investors that submitted 13F reports sold a total equivalent to approximately 25,000 Bitcoin worth of ETF shares in the fourth quarter of 2025.

According to DLNews, South Korean prosecutors have charged a 39-year-old man with attempting to murder his business partner after secretly using company funds to invest in cryptocurrency and failing. It is reported that the suspect purchased the banned pesticide methomyl from an online seller in China and added it to the victim's iced latte. The victim immediately fell unconscious after drinking it at a café in Seoul and remained in a coma for three days after being taken to the hospital. The man will face charges of attempted murder and violating South Korea's pesticide management law, with the case set to be heard on March 10 at the Eastern District Court of Seoul.

According to The Block, Taylor Lindman, former Deputy General Counsel of Chainlink Labs, has officially joined the U.S. Securities and Exchange Commission (SEC) this Monday as the Chief Legal Advisor for the agency's cryptocurrency working group.Lindman succeeds former member Michael Selig, who is now the Chairman of the U.S. Commodity Futures Trading Commission (CFTC). Reportedly, during his more than five years at Chainlink, Lindman held several senior legal positions and gained extensive experience in the oracle network and smart contract data infrastructure within the institutional finance sector. The SEC cryptocurrency working group, led by Commissioner Hester Peirce, was established last year to explore various aspects of regulating tokenization and decentralized finance through multiple rounds of roundtable discussions.

The U.S. Securities and Exchange Commission (SEC) announced that former Chainlink Labs Deputy General Counsel Taylor Lindman has joined the SEC as the Chief Legal Counsel for the Crypto Task Force, succeeding Michael Selig, who was recently promoted to Chairman of the Commodity Futures Trading Commission (CFTC).Lindman worked at Chainlink for over five years, primarily responsible for legal matters related to the oracle network and smart contract data infrastructure. The SEC's Crypto Task Force was established last year, focusing on regulatory discussions around tokenization and decentralized finance, aiming to advance the development of a regulatory framework for cryptocurrency in the U.S.

According to the official website of the U.S. Department of Justice, the United States Attorney's Office for the Eastern District of Texas announced that a Chinese national, Fei Liao, has been sentenced to federal prison for participating in the laundering of funds obtained from a cryptocurrency investment scam. He pleaded guilty to conspiracy to commit money laundering and was sentenced to 40 months in prison by U.S. District Judge J. Campbell Barker in 2026.Liao was also ordered to forfeit over $2.3 million in seized funds and to pay more than $2.8 million in restitution to victims. The case was announced by U.S. Attorney Jay R. Combs for the Eastern District of Texas and was investigated by the Tyler branch of the United States Secret Service, with federal prosecutor Robert Austin Wells handling the prosecution. Court documents show that Liao assisted in laundering funds from "Pig Butchering" and other cryptocurrency investment scams by setting up shell companies and bank accounts with others.Such scams typically contact victims through social media, dating platforms, or unsolicited phone calls, establishing a trust relationship before inducing them to invest in cryptocurrency. After victims transfer funds to accounts controlled by the scammers, the fraudulent platform displays high returns, encouraging further investment, ultimately leading to victims being unable to withdraw funds and suffering significant losses.Law enforcement agencies remind individuals that if they encounter similar scams, they can report them to the Internet Crime Complaint Center (IC3) and provide as much information as possible, including the name of the investment platform, cryptocurrency addresses, transaction hashes, bank account information, and contact details of the suspects, while also retaining communications and transfer records with the scammers.

According to Cointelegraph citing @web3_antvirus, an address poisoning scam resulted in a victim losing $599,000 USDT. The victim sent funds to a fake address copied from transaction records. The attacker embedded the fake address through a small transfer, mixing it with legitimate transaction records. The victim then copied the address and sent funds to the attacker.

According to Cyvers Alerts monitoring, a trader suffered a poisoning attack about an hour ago, resulting in a loss of approximately $600,000 worth of USDT.While attempting to send funds to 0x77f6ca8E...2E087a346, he mistakenly sent the transaction to the malicious spoofed address 0x77f6A6F6...DFdA8A346, warning users to be cautious of the associated risks.

According to Decrypt, a 24-year-old man from Connecticut, Elmin Redzepagic, faces up to 375 years in prison for allegedly embezzling nearly $1 million in cryptocurrency investor funds to gamble on the Stake platform.Prosecutors accuse him of posing as a cryptocurrency investment expert working for a market master named "The Chef," promising clients high returns while actually using the funds for gambling. Last month, a federal grand jury indicted him on 21 counts, including 7 counts of wire fraud, 11 counts of international money laundering, and 3 counts of making false statements to IRS criminal investigators.On Thursday, Redzepagic pleaded not guilty to all charges and was released on a $500,000 bail.

The Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Michael S. Selig, announced the establishment of the Innovation Advisory Committee (IAC) and appointed 35 members to provide recommendations on the regulation of breakthrough technologies such as artificial intelligence and blockchain.Committee members include representatives from blockchain projects such as Vivek Raman of Etherealize, Anatoly Yakovenko of Solana Labs, and Brad Garlinghouse of Ripple, as well as executives from major crypto trading platforms like Coinbase, Crypto.com, and Gemini. Founders of prediction markets Polymarket and Kalshi, as well as representatives from well-known venture capital firms like a16z crypto and Framework Ventures, are also included. Selig stated that the committee will assist the CFTC in developing rules that adapt to market realities, paving the way for a "golden age of American financial markets."

The U.S. Department of Justice officially released a typical case, sentencing Ramil Ventura Palafox, CEO of Praetorian Group International, to 20 years in prison for a $200 million Bitcoin Ponzi scheme, having been convicted of wire fraud and money laundering for operating a Ponzi scheme that defrauded over 90,000 investors worldwide.The 61-year-old Ramil Ventura Palafox holds dual citizenship in the United States and the Philippines, operating Praetorian Group International (PGI) as its chairman and CEO. Palafox falsely claimed that PGI was engaged in Bitcoin trading and promised daily returns of 0.5% to 3%. However, the scale of PGI's Bitcoin trading was insufficient to meet the promised returns, constituting a Ponzi scheme.From December 2019 to October 2021, at least 90,000 investors worldwide invested over $201 million in PGI, including at least $30.295289 million in fiat currency and at least 8,198 Bitcoins valued at $171.498528 million. Due to Palafox's actions, investors suffered total losses of at least $62.692007 million.

According to The Block, Michael S. Selig, chairman of the U.S. Commodity Futures Trading Commission (CFTC), announced the establishment of an innovation advisory committee consisting of 35 members, with several executives from the cryptocurrency industry appointed.Selig stated that the committee will assist the CFTC in developing a regulatory framework regarding the role of "breakthrough technologies" such as artificial intelligence and blockchain in financial markets, ensuring that its decisions reflect market realities and establishing clear rules for "a golden age of American financial markets." The committee members include representatives from blockchain projects, such as Vivek Raman from Etherealize, Anatoly Yakovenko from Solana Labs, Brad Garlinghouse from Ripple, Sergey Nazarov, CEO of Chainlink Labs, and Hayden Adams, CEO of Uniswap Labs.In terms of centralized exchanges, executives from Bullish, Coinbase, Crypto.com, Gemini, Kraken, Bitnomial, and Robinhood are included. Shayne Coplan, founder of the prediction market platform Polymarket, and Tarek Mansour, founder of Kalshi, have also been appointed. Chris Dixon from a16z crypto, Vance Spencer from Framework Ventures, and Alana Palmedo from Paradigm are also on the list. The committee also includes representatives from traditional financial institutions such as Cboe, CME, DTCC, Nasdaq, and options clearing companies.

According to Coindesk, the U.S. District Court for the Eastern District of New York sentenced former SafeMoon CEO Braden John Karony to 8 years in prison this Tuesday. Braden was found guilty of multiple federal charges last year for committing fraudulent acts against investors in his digital asset business.According to the U.S. Department of Justice's allegations, Karony was involved in manipulating the price of SafeMoon tokens and stole millions of dollars through illegal liquidity control of the company. After a three-week trial, he was convicted of conspiracy to commit securities fraud, wire fraud, and money laundering. Co-conspirator Thomas Smith pleaded guilty to conspiracy to commit securities fraud and wire fraud in February 2025 and has not yet been sentenced. Another alleged co-conspirator in the SafeMoon fraud case, Kyle Nagy, is still wanted by authorities.It is reported that SafeMoon (SFM) is a cryptocurrency token launched in March 2021, born during the last bull market's meme coin and DeFi craze. Its tokenomics stipulate a 10% tax on each transaction, with a portion (usually 5%) automatically distributed to all holders, another portion added to the liquidity pool, tokens burned to create deflation, and a part allocated for project development. The design concept is to "encourage holding and punish selling," allowing holders to passively earn tokens, with hopes that the price can "safely go to the moon." Its market cap once reached $1 billion, attracting a large number of retail investors and FOMO players. Subsequently, the project contract was hacked, the team was accused of fraud, manipulating liquidity, and misappropriating funds. After a prolonged decline, its current market cap is only $2.08 million.

According to CoinDesk, former Chairman of the U.S. House Financial Services Committee Patrick McHenry and White House advisor Patrick Witt stated at the Ondo Summit in New York that U.S. cryptocurrency legislation is accelerating, with a comprehensive cryptocurrency market structure bill expected to be passed in the coming months.Patrick McHenry predicted that the final version may be submitted to the President for signing around Memorial Day (May 25). Patrick Witt revealed that Trump has prioritized this legislation, and the White House is pushing for negotiations between banks and crypto companies, with drafting teams exchanging drafts. Both parties noted that stablecoin yields are the biggest point of contention, with the industry reaching a consensus on banning fraudulent promotions, but differing on whether centralized exchanges can pay passive yields.Patrick McHenry emphasized that without including DeFi, the market structure legislation would "not hold up." He pointed out that tokenized lending products have lower costs than traditional securities lending, indicating strong market demand. Regarding ethical standards, both believed that overly restricting the scope of proposals for officials' spouses is too broad, but a more precise compromise could still gain bipartisan support.Patrick Witt stated that the White House's goal is to translate high-level principles into specific legal text and reach a final agreement that can withstand scrutiny from both the House and Senate.

The U.S. Department of Justice announced that a man named Daren Li, who holds dual citizenship in China and Saint Kitts and Nevis, was sentenced in absentia to the maximum statutory sentence of 20 years in prison, along with 3 years of supervised release, by the U.S. District Court for the Central District of California on February 9 local time, for his involvement in a global cryptocurrency investment fraud scheme involving over $73 million.The Department of Justice stated that the 42-year-old Li pleaded guilty in November 2024, admitting to participating in a transnational cryptocurrency investment fraud and money laundering conspiracy operating from a scam hub in Cambodia. However, he fled after cutting off his electronic ankle monitor in December 2025 and is currently still at large.Prosecutors revealed that the fraud ring actively contacted victims through social media, phone calls, text messages, and online dating platforms to establish "professional or romantic relationships" to gain trust, and used fake cryptocurrency trading platforms and phishing websites to lure victims into investing in false projects. In some cases, they also impersonated customer service or technical support personnel, deceiving victims into transferring funds or moving cryptocurrency assets under the pretext of "fixing viruses."According to the plea agreement, Li and his accomplices caused at least $73.6 million in victim fund losses, of which $59.8 million was laundered through U.S. shell company accounts and further converted into cryptocurrency to conceal the sources and flows of the funds. Li was found to have directly participated in the final receipt and control of the victim funds.So far, 8 accomplices have pleaded guilty, and Li is the first defendant to be sentenced for directly receiving the illicit funds. The case is being investigated by the U.S. Secret Service with assistance from law enforcement agencies in multiple countries. The U.S. Department of Justice stated that it will continue to promote international cooperation in an effort to extradite Li back to the U.S. to serve his sentence.

According to Newspim, Lee Chan-jin, the head of the Financial Supervisory Service (FSS) of South Korea, stated that the "Bitcoin misdelivery incident" at Bithumb is a serious event that undermines the credibility of cryptocurrency exchanges. He pointed out that Bithumb actually holds only about 42,000 bitcoins, and this misdelivery exposed the severe risks of "bookkeeping transactions" trading fictitious assets without security guarantees.He emphasized that if the investigation confirms illegal negligence, the highest level of sanctions will be imposed, including fines and business suspensions. He also suggested adding provisions for revocable or restricted access licenses in the future "Basic Law on Digital Assets" to strengthen the regulation of internal controls at exchanges.The incident occurred on February 6, when Bithumb mistakenly distributed 2,000 bitcoins to each of 249 customers as rewards (originally intended to be 2,000 Korean won), totaling 620,000 bitcoins, which was valued at approximately 61 trillion won (about 45 billion USD) at the time. Bithumb intercepted the transactions within 20 minutes, but 125 bitcoins were still sold.

According to a report by Reuters, Lee Chan-jin, the head of the Financial Supervisory Service (FSS) of South Korea, stated that the recent incident where Bithumb accidentally issued over $40 billion worth of Bitcoin to customers reveals structural vulnerabilities in the cryptocurrency sector, highlighting the urgent need for enhanced regulation. Lee emphasized that users who sold the mistakenly issued tokens are legally obligated to return the assets.In addition, regarding "ghost tokens" (over-issued assets) and the launch of Bitcoin spot ETF products, the FSS expressed a cautious attitude and plans to further expand the regulatory scope through secondary legislation of the "Digital Asset Basic Act."Last Friday, Bithumb mistakenly issued 620,000 Bitcoins during a promotional reward distribution, triggering a sell-off on the platform. Currently, preliminary investigations by financial authorities show that 99.7% of the mistakenly issued Bitcoins have been recovered; of the 1,786 Bitcoins sold before the trading was suspended, 93% have also been recovered.

According to Scam Sniffer monitoring, in January, a single victim lost $12.2 million due to copying an incorrect address in their transaction history. Combined with a similar attack in December that resulted in a loss of 500,000 dollars, the two victims have accumulated losses exceeding $62 million.Address poisoning attacks refer to attackers sending small amounts of tokens from visually similar addresses to lure users into copying the incorrect address. Additionally, in January, signature phishing scams stole $6.27 million, representing a 207% increase month-over-month. Analysts believe that the Ethereum Fusaka upgrade has reduced transaction costs, leading to an increase in the frequency of such attacks.Coin Metrics data shows that dust transactions related to stablecoins currently account for about 11% of the total daily transactions on Ethereum. Whitestream indicates that DAI has become the preferred choice for illegal operators to store funds due to the protocol's governance not cooperating with authorities to freeze addresses.