CycleProphet

The People's Procuratorate of Yuetang District, Xiangtan City, Hunan Province has filed a public prosecution in a money laundering case involving over 6.84 million yuan, resulting in prison sentences for 8 defendants. The criminal gang laundered telecommunications fraud proceeds through fake Moutai liquor transactions and virtual currency. The court sentenced the ringleaders to fixed-term imprisonment of 2 to 6 years.

South Korea's National Tax Service is facing a security incident due to the leakage of cryptocurrency asset recovery phrases in February and is now seeking private custodial service providers to address asset custody issues, with plans to select qualified companies in the first half of 2026.

Stacks TechFlow News: On March 20, according to on-chain data analysis platform Whale Alert monitoring, a Bitcoin address that had been dormant for 13.7 years was reactivated. The address holds 2,100 BTC, equivalent to approximately $147.7 million at current prices. The Bitcoin in this address was deposited in 2012, when it was valued at approximately $13,685.

BIT's weekly report indicates that escalating tensions in Iran are heightening uncertainty around energy supply and inflation, which could put pressure on the global economy. The market is reassessing rate-cut expectations, with inflation expectations seeing only limited upward revisions. Focus remains on geopolitical risks and their impact on energy and interest rates.

Deep Tide TechFlow News: On March 20, according to Solid Intel, the FBI and Thai police jointly conducted enforcement operations targeting scam compounds. During the operation, authorities seized a total of 8,000 mobile phones and froze cryptocurrency assets worth approximately $580 million.

Deep Tide TechFlow News: On March 20th, according to Golden Ten Data reports, traders are fully pricing in three rate hikes by the European Central Bank this year.

Deep Tide TechFlow News: On March 20, according to Jinshi Data, the Trump administration is considering occupying or blockading Iran's Kharg Island to pressure Iran into reopening the Strait of Hormuz.

BIT (formerly Matrixport) announces a rebranding initiative, planning unified global brand operations, exploring opportunities in U.S. capital markets, and potentially pursuing a public listing. The newly released "2026 Trust White Paper" reveals the company's governance and risk control framework, enhancing market confidence. BIT focuses on connecting traditional finance and digital assets, committed to compliance and governance, currently managing over $6 billion in assets.

TechFlow News: On March 20, according to Golden Ten Data, the Shanghai Stock Exchange accepted the application for a STAR Market IPO from Yuanshu Technology Co., Ltd., with a planned financing amount of 4.202 billion yuan.

TechFlow News: On March 20, according to official social media, the Chinese decentralized contract trading platform Sun Wukong has now listed SIREN/USDT with a maximum leverage of 20x.