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ORANGE JUICE raises $40 million to build a Bitcoin treasury, while South Korea's KB Financial Group establishes a 100 billion won fund for cryptocurrency and AI

According to BBX data, yesterday global traditional capital and financial consortiums intensively disclosed their latest strategies in digital asset treasury construction and Web3 ecosystem investment, with the core dynamics as follows:ORANGE JUICE launches a "real industry blood generation + coin hoarding" dual-wheel strategy: American capital company ORANGE JUICE officially announced the completion of a $40 million financing. The raised funds will be used to establish a holding company that integrates "long-term ownership, operational optimization, and Bitcoin reserves." The company plans to initially acquire stable and profitable American domestic enterprises with annual cash flows between $1 million and $10 million, and clearly stated that the business cash flows generated from these industries will be continuously reinvested for acquisitions or directly supplement its Bitcoin treasury.South Korea's KB Financial Group establishes a 100 billion won cryptocurrency special fund: South Korea's top financial giant KB Financial Group (KRX: 105560) announced the establishment of an AI and digital asset fund with a scale of 100 billion won (approximately $67.29 million). The fund is jointly funded by KB Kookmin Bank, KB Securities, KB Insurance, KB Kookmin Card, and KB Life under the group, and managed by KB Investment, focusing on investments in early-stage South Korean cryptocurrency companies, AI models, data reasoning, and on-chain analysis and other underlying technology companies.

The UK's fraud review suggests that judges accept training on crypto money laundering and AI fraud, mentioning over 61,000 BTC seizure cases

A fraud review commissioned by the UK government suggests that the Judicial College should provide training for all judges and magistrates in England and Wales to address the increasing cases involving AI fraud and the use of cryptocurrency for money laundering. The report states that the overall Fraud Act 2006 can be used to handle AI fraud, but the issue lies in the courts' lack of preparedness to hear related cases.The report recommends evaluating whether the existing "long and complex trials" course should be updated or replaced with specialized modules on fraud and related crimes, and considers mandatory training for judges who may hear complex fraud cases. The report claims that fraud could soon account for half of all crime in England and Wales, with an estimated 4.1 million cases occurring within a year by June 2025, affecting 1 in every 14 adults and 1 in every 4 businesses. The Financial Ombudsman Service estimates that currently over half of investment scams involve crypto assets.The report also mentions the case of Qian Zhimin, who operated a Ponzi scheme in China, defrauding over 128,000 victims of approximately £5 billion and laundering the proceeds into Bitcoin. This case resulted in the largest confirmed Bitcoin seizure in UK history, exceeding 61,000 BTC, and Qian Zhimin was sentenced to 11 years and 8 months in prison at Southwark Crown Court in November.
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