Defunct P2P Crypto Platform Paxful Sentenced to $4M Penalty for Money Laundering, Travel Act Violations

Prince Group is laundering 10.7 billion NT dollars in Taiwan! Developing their own "OJBK Wallet" to connect with underground currency exchanges.

The Taipei District Prosecutors Office is investigating the Cambodia "Prince Group" money laundering case, involving illegal proceeds of up to 10.7 billion. Sixty-two people, including Chen Zhi, have been indicted. The group was found to be using USDT and their self-developed "OJBK Wallet" for cross-border money laundering. Chen Zhi directed the establishment of companies in multiple countries, disguising criminal proceeds through false transaction contracts, and purchasing luxury homes and high-end cars. The prosecution is seeking a maximum sentence of 13 years for him.

Suspected US government tool leak! Google reveals new type of cryptocurrency scam iPhone attack chain

Google Threat Intelligence Team Report Reveals New iPhone Exploit Kit Coruna Used in Large-Scale Cryptocurrency Scams. The toolkit uses JavaScript fingerprinting technology to identify iOS devices and steal crypto seed phrases and financial account information. All iPhone users are advised to update their systems immediately to prevent infection. The origin of Coruna is controversial, suspected to be linked to the U.S. government, but no definitive evidence has been provided.

Russian court sentences three knife-wielding robbers for cryptocurrency heist: sentenced to five years in prison

The Omsk City Court in Russia sentenced three young men to five years in prison for holding a knife and robbing cryptocurrency holders. They used violence and threats to force victims to hand over assets, but ultimately gained no profit and fled after neighbors noticed. This case reflects an increase in violent crimes targeting crypto assets worldwide, and Russia is strengthening its crackdown on such crimes.

Senator Chris Murphy questions insider trading related to Iran airstrike predictions in the prediction market, with million-dollar bets sparking controversy over "White House corruption"

U.S. Senator Chris Murphy expressed concern over prediction market trading ahead of military actions against Iran, accusing large bets of potentially involving insider information and leading to corruption that profits from war. He mentioned that certain accounts placed precise bets before the airstrikes and reaped huge profits, calling for legislation to restrict such transactions to protect national security. This has sparked widespread discussion in U.S. politics about war powers and transparency.

FBI and Europol jointly shut down the hacker forum LeakBase; law enforcement actions in 14 countries target 140,000 user data

The FBI in the United States and Europol, along with multiple law enforcement agencies, shut down the cybercrime forum LeakBase, a platform used for trading stolen data, which had 142,000 registered members. During the operation, servers were seized, a large amount of evidence was collected, and the sensitive data trading channels of cybercriminals were cut off. The collaboration among law enforcement agencies demonstrates that the international response to cybercrime is strengthening.

Polymarket nuclear explosion contract attracts $650,000 in trading! Sparks ethical and insider controversy, official removal in emergency.

Polymarket has sparked public controversy for listing nuclear explosion prediction contracts, being accused of exploiting human survival crises for speculation. The platform removed the contracts on March 4 and is facing regulatory pressure. Analysts point out that the platform may become a channel for insider trading, threatening the reputation of prediction markets. U.S. regulatory agencies plan to further regulate prediction markets, emphasizing the need to strike a balance between ethics and legality.