Gate News message, April 7, Indonesian authorities recently convicted three defendants on terrorism financing charges involving cryptocurrency, becoming one of the first terror-financing conviction cases in Southeast Asia supported primarily by on-chain blockchain evidence. One of the defendants transferred more than 49,000 USDT to an overseas exchange through 15 transactions, and the flow of funds is linked to networks associated with ISIS. None of the three defendants directly participated in a terrorist attack; their role was characterized as the “financial logistics layer” of a terrorist organization.

Bitcoin fell 23.8% in the first quarter of 2026, marking its worst performance since 2018. The decline was mainly driven by outflows from spot ETF fund flows and high inflation. Despite the near-term drop, analysts say long-term conviction in Bitcoin has not changed, and it’s important to watch shifts in the macro environment and incoming capital flows.

Meme coin players in the Chinese and English communities are active on BSC and SOL, and recently they've been complaining about Centred. Centred is known for high-frequency short-term trading, earning about $850,000 a month, but is regarded as the "cancer" of meme coins. The market is calling for a return to holding and conviction, and a reshaping of trading attitudes.

The UK government will publish a review report on political financing regulations, which is expected to ban political parties from accepting cryptocurrency donations to prevent foreign funds from interfering with democracy. This move comes following the conviction of a former Welsh leader for accepting cryptocurrency bribes.

Sam Bankman-Fried's parents accepted a CNN interview, arguing that his conviction was unjust and claiming that FTX customer funds have been fully repaid. The FTX Recovery Trust will conduct a fourth distribution of approximately $2.2 billion. Despite the repayments, FTX creditor representatives stated they have not received full compensation, Joseph Bankman's actions contradicted the regulatory framework, and the family hopes Trump will lend a hand.

Bitwise Chief Investment Officer Matt Hougan predicts that Bitcoin spot ETFs will accumulate net inflows of approximately $60 billion from January 2024 to October 2025. Despite Bitcoin's price declining by approximately 50%, ETF net outflows will be less than $10 billion, demonstrating that institutional investors are maintaining their positions. Hougan believes that as a non-consensus asset, Bitcoin investment requires high conviction, and capital demonstrates greater "stickiness" amid volatility. He expects Bitcoin could potentially rise to $1 million within 10 years.

Gate News Report, March 12 — According to Bloomberg, U.S. prosecutors stated that the request for reconsideration by FTX co-founder Sam Bankman-Fried (SBF) should be denied because he failed to prove that his conviction was unjust. SBF is currently serving a 25-year sentence after the jury found him guilty of fraud and conspiracy in connection with the collapse of the FTX cryptocurrency trading platform in 2023.

Gate News Report: On March 11, the U.S. Department of Justice has decided to reopen the case against Tornado Cash co-founder Roman Storm this fall. Previously, the prosecution failed to persuade the jury to reach a conviction in the initial trial. The U.S. Attorney's Office for the Southern District of New York will continue to pursue charges 1 and 3 in the indictment, focusing on third-party developer liability and blockchain-related evidence.

ChainCatcher News, according to on-chain analyst @ai\_9684xtpa monitoring, as gold prices surged, the whale gradually accumulated $12.4 million worth of digital gold starting from October 2025 and has now realized a profit of $3.521 million. Currently, he holds 2,371.4 XAUT and 559.74 PAXG, with costs of $4,283 and $4,004 respectively, and has held these positions for nearly five months with firm conviction.

Last week, the cryptocurrency market experienced intense volatility, with Bitcoin plummeting from around $70,000 to $60,000 in a short period, triggering the largest "realized loss" event in history. On-chain analysis platform Glassnode shows that the adjusted realized losses reached as high as $3.2 billion, setting a new record for the Bitcoin network. This metric measures the USD value of Bitcoin sold below cost and excludes the impact of transfers within the same entity, thus providing a more accurate reflection of genuine selling pressure. This figure even exceeds the approximately $2.7 billion loss during the 2022 LUNA collapse, indicating that the current downward sentiment shock has surpassed the darkest phase previously experienced. Data platform Checkonchain pointed out that this market movement exhibits typical "capitulation sell-off" characteristics: rapid decline, large transaction volumes, mainly driven by holders with the weakest conviction being forced to liquidate.