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first_img The Polish prosecutor's office has filed charges against the fifth suspect in the Zondacrypto case

According to CoinDesk, the Polish prosecutor's office has charged Roman Ż., a former business partner of the missing BitBay/Zondacrypto founder Sylwester Suszek, with two counts, including fraud.Roman Ż. was arrested last Saturday in the Silesia region of Poland, and his lawyer stated that he had assisted in managing the exchange before BitBay was renamed Zonda. Roman Ż. denies the charges and has provided a detailed statement to investigators, with police seizing valuable watches and documents related to Zondacrypto during the search.The prosecutor's office stated that the arrest was ordered due to concerns that Roman Ż. would flee upon learning of plans to travel to China, with his lawyer describing the trip as a business trip and stating that he held a return ticket for September 13. The court will decide whether to continue detaining Roman Ż. during the investigation.Previously, BitBay was renamed Zondacrypto in 2021, and the exchange ceased trading in April, following customer withdrawal freezes, with estimated losses of at least 35 million zlotys (approximately 9.4 million USD). The Estonian Financial Intelligence Unit partially suspended the license of the brand entity BB Trade Estonia OÜ. The Polish prosecutor's office has launched an investigation into suspected large-scale fraud and money laundering, receiving over 3,600 complaints as of June.The case is also related to Suszek's disappearance in March 2022, with the prosecutor's office merging the Zondacrypto investigation with the Suszek missing person case in August.

Malone Lam, the mastermind behind the theft of 240 million USD in BTC, will attend a plea agreement hearing this Tuesday

According to Apnews, a young cryptocurrency scam gang stole over 4,100 BTC in August 2024 through "social engineering" attacks, which was worth over $240 million at the time.After the theft, gang members quickly began extravagant spending, including purchasing sports cars, renting luxury homes, flying on private jets, and hiring security personnel. Among them, the alleged mastermind, a 22-year-old Singaporean named Malone Lam, reportedly spent over $569,000 in one night at a nightclub in Los Angeles.Investigations revealed that the suspects impersonated employees from Google and the cryptocurrency trading platform Gemini to trick victims into giving up their Google Drive access and security codes, allowing them to transfer the victims' bitcoins. They then moved the funds through multiple trading platforms and money laundering intermediaries. Their lavish lifestyle eventually drew the attention of law enforcement.One suspect was exposed when their IP address was revealed while hiding nearly $30 million in stolen cryptocurrency assets, leading police to trace it back to the luxury home they rented in California. Another suspect was found with $37 million worth of stolen cryptocurrency assets. Lam was accused of using the stolen funds to purchase a $2 million watch and over 30 vehicles including Porsches, Lamborghinis, and Ferraris.Currently, 18 defendants have been charged, and Lam is expected to attend a plea agreement hearing this Tuesday. The U.S. Department of Justice has already issued rulings against several accomplices, and related cases are still ongoing.

Data: The pre-market price differences of popular stocks generally rose, with SOXL increasing by 7.59% compared to the last trading day's after-hours

During the weekend market closure of traditional markets, perpetual contract types of stocks may have already priced in the stock market trends. According to RootData, most popular stocks are above the last after-hours levels:Semiconductor Triple Long ETF (SOXL) is currently at $125.65, up 7.59% from the last trading day's after-hours reference price of $116.79;SanDisk (SNDK) is currently at $1,785.09, up 3.07% from the last trading day's after-hours reference price of $1,731.88;Micron Technology (MU) is currently at $1,043.54, up 2.84% from the last trading day's after-hours reference price of $1,014.74;iShares Semiconductor ETF (SOXX) is currently at $532.09, up 2.62% from the last trading day's after-hours reference price of $518.48;Intel (INTC) is currently at $98.16, up 2.46% from the last trading day's after-hours reference price of $95.80;SK Hynix (SKHY) is currently at $179.44, up 2.08% from the last trading day's closing reference price of $175.78;VanEck Semiconductor ETF (SMH) is currently at $578.73, up 2.06% from the last trading day's after-hours reference price of $567.05;SpaceX (SPCX) is currently at $150.54, up 1.87% from the last trading day's after-hours reference price of $147.78;IREN (IREN) is currently at $43.96, down 1.59% from the last trading day's after-hours reference price of $44.67;AMD (AMD) is currently at $483.59, up 1.58% from the last trading day's after-hours reference price of $476.08;

first_img Ukrainian police dismantle cryptocurrency scam, with monthly thefts reaching 1 million USD

The Ukrainian police and the Security Service of Ukraine (SBU) recently dismantled a scam network that used a fake investment platform to steal cryptocurrency. This network disguised itself as an investment platform website, luring users to connect their main cryptocurrency wallets and approve a small test transaction when withdrawing funds. Subsequently, it used a "wallet stealer" hidden within the website to automatically transfer user funds to wallets controlled by the operators, kicking victims off the platform. Investigators have currently confirmed 62 victims, with over 46 Ukrainian citizens involved, and the network could steal up to $1 million per month.The police stated that the false profits displayed on the platform are part of the scam, with operators manually creating transactions and adjusting user account balances to create the illusion of investment growth. In addition to cryptocurrency, the platform also collected victims' passport information, phone numbers, email addresses, login credentials, and photos during the registration and identity verification process. The main organizer of the network is a 25-year-old IT expert who recruited over 46 Ukrainian citizens and operated multiple offices in Kyiv and surrounding areas, with members responsible for building and maintaining fake websites, contacting potential victims, and providing security.Victims come from multiple countries, including Germany, Poland, Lithuania, Latvia, Spain, France, the United Kingdom, Canada, and Israel. The police traced the gang's server equipment located in the Netherlands and obtained a database stored there, which included a list of victims, cryptocurrency wallet addresses, suspected stolen amounts, internal communications, and platform operation information. The Ukrainian police and SBU subsequently executed 34 searches in Kyiv and surrounding areas, seizing over 100 computers, more than 100 mobile phones, 79 SIM cards, documents, cash, and 15 vehicles.

Harmony plans to shut down the mainnet and migrate ONE to Ethereum, shifting towards AI video remixing business

Harmony has released two proposals to comprehensively shut down the mainnet launched in 2019, migrate the native token ONE to Ethereum, and shift towards an AI video "mashup economy" business. The team stated that the threats posed by national-level attackers and AI entities are the reasons for proposing the network shutdown plan.The migration plan proposes to take a snapshot of user wallets, staking delegations, validator rewards, smart contracts, and tokens within centralized exchanges at the last block of the network, airdropping new ONE to the same wallet addresses on Ethereum, with holders not needing to actively claim; delegated stakes and unclaimed rewards will be airdropped to their respective governance vaults. The total supply of ONE and the issuance rate will remain unchanged, with newly issued tokens intended for the new business and feedback from governors being considered.Multi-signature wallets, liquidity pools, and on-chain applications cannot be migrated. The team urges users to exit all smart contracts by September 10, 2026, and plans to publicly disclose token contracts, snapshot calculations, and airdrop scripts for auditing. Validators can stop running nodes starting from September 10 at 22:00 Beijing time. The team plans to compensate for the difference in issuance rewards between node shutdown and the final block of the network, establishing a one-time compensation pool of $1.372 million, to be paid in four quarters to validators and their delegators who timely shut down, sign agreements, retain stakes, and serve as governors of the new project.The new business will open up prompts and materials for users to create secondary content, with AI entities expanding video stories, and will recruit operators responsible for video generation, distribution, and content review. Harmony plans to subsidize GPU hardware in the first year and promote demand for video generation, with operators required to stake tokens to earn rewards based on service online time. The team plans to help operators generate up to $1 million in total revenue in the first year, provided they meet staking and online rate requirements; promoters can initially earn a 30% ongoing commission from each $10 monthly subscription they recommend. Both proposals are non-binding and the plans may still be adjusted.

first_img A dormant Bitcoin wallet wakes up after 15 years, turning 120 USD into 3 million USD

According to on-chain monitoring data from Galaxy Research, from August 29 to September 4, four long-dormant Bitcoin wallets were activated, transferring a total of 202.84 BTC, worth approximately 15.73 million USD.Among them, the largest wallet held 146.06 BTC (approximately 11.31 million USD), which had not been touched since November 2013, holding for nearly 12.8 years, with an unrealized profit of about 12,902% based on a cost price of approximately 595 USD. A wallet that has been dormant since November 2011, holding 40 BTC, is valued at approximately 3.09 million USD, with an average cost of about 3 USD, resulting in an unrealized profit of up to 2,571,899%, allowing the holder to earn over 3 million USD from an initial investment of about 120 USD over nearly 15 years. Additionally, two other wallets transferred 10 BTC (approximately 777,000 USD) and 6.78 BTC (approximately 551,000 USD), respectively.Galaxy marked the transfer of 6.78 BTC as being received by Coinbase, a signal that typically indicates the holder intends to sell rather than simply transfer assets. Some of the activated wallets were tagged with the sender label "Noah Doe," related to New York State's lawsuit declaring thousands of dormant addresses as unclaimed property. Since a judge suspended the proceedings in June, the relevant wallets have shown multiple movements. This wave of awakenings continues the trend observed since this summer, with six wallets previously transferring approximately 40 million USD within ten days in August.
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