Bitget App
Trade smarter
News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
1Whales sell $4.2 billion worth of bitcoin, mysterious Chinese figure Garrett Jin caught in public controversy2Chainlink holds 63% oracle market share as LINK price tests resistance3Top 3 Altcoins for November Gains: Experts Highlight ETH, ADA, and LINK
Arete Capital: Hyperliquid 2026 Investment Thesis, Building a Comprehensive On-chain Financial Landscape
The grand vision of unified development across the entire financial sector on Hyperliquid has never been so clear.
深潮·2025/10/15 07:34
S&P Index Adjusted as Expected: Key Observations on Timing and Scope of the Adjustment!
Bitpush·2025/10/15 07:33
![[Bitpush Daily News Highlights] The US plans to confiscate 127,000 BTC, potentially increasing its bitcoin holdings to 324,000 BTC; Powell hints at possible rate cuts due to weak hiring and rising unemployment; Japan to introduce new regulations banning crypto insider trading; US Republicans propose a bill to codify Trump’s executive order allowing 401(k) investments in cryptocurrency and private equity.](https://img.bgstatic.com/multiLang/image/social/b0411719ec6c4657208c834dbbc069d31760470562725.png)
$15 billion worth of bitcoin seized! US and UK join forces to crack down on Southeast Asia pig-butchering scam empire
The US and UK have jointly taken action against one of the largest investment fraud networks in history, seizing a record amount of funds.
ForesightNews 速递·2025/10/15 07:32
Research Report｜In-Depth Analysis and Market Cap of Yield Basis(YB)
Bitget·2025/10/15 07:23
Is the soon-to-TGE DEX Lithos actually a public goods fund?
On the surface, it is a DEX, but in reality, 40% of the initial supply will be used to fund public goods.
ForesightNews 速递·2025/10/15 07:13
Returning from mining to gaming, The9 Limited plans to build a "Web3 version of Steam"
You can say it doesn't understand mining, but never say it doesn't understand gaming.
ForesightNews 速递·2025/10/15 07:13
Gold Rush Handbook: What Are the Secrets to Wealth in the Six New Projects on MetaDAO?
Where does the next opportunity lie?
ForesightNews 速递·2025/10/15 07:13
Bitcoin Dominance Rejected at 60.3% as Chart Signals Sharp Drop Toward 56%
Cryptonewsland·2025/10/15 06:09
The Next Big Rally — 5 Altcoins Set to Erupt 50+% as Momentum Returns
Cryptonewsland·2025/10/15 06:09
Flash
- 07:33Analysis: The US government may have orchestrated the theft of LuBian mining pool; if true, it would make the US government the largest financial hacker in historyAccording to ChainCatcher, on-chain detective ZachXBT analyzed that documents released by the U.S. government show that wallet addresses listed among the $14 billion (127,000 BTC) seized had previously been named in the Milky Sad report about two years ago, which stated that their private keys were vulnerable. Now, the U.S. government claims to have custody of these wallet addresses. In response, Arkham analyst Emmett Gallic stated after research, "At present, it seems increasingly likely that the U.S. government was behind the theft from the LuBian mining pool. If true, the U.S. government would be the largest financial hacker in history." Although there is still no conclusive evidence to confirm this, Emmett Gallic believes that the future movements of the "LuBian hacker" addresses tagged on Arkham will be sufficient as a basis for judgment. Previous reports stated that LuBian, once among the world's top ten mining pools, suffered a major security incident in December 2020, with a total of 127,426 BTC stolen, making it the largest bitcoin theft in history. The 127,000 BTC seized by the U.S. government yesterday originated from these funds.
- 07:33The United States indicts Chen Zhi, the leader of Asia's largest transnational criminal organization, for involvement in multi-billion dollar cryptocurrency fraud.ChainCatcher news, according to official documents, the United States District Court for the Eastern District of New York formally indicted Chen Zhi (also known as "Vincent"), founder and chairman of the Cambodian conglomerate Prince Holding Group, on October 8, 2025. The indictment accuses Chen Zhi of developing Prince Group, which ostensibly operates in real estate and financial services, into one of Asia's largest transnational criminal organizations since 2015. By establishing at least 10 forced labor scam compounds in Cambodia, the group carried out cryptocurrency investment scams such as "pig-butchering," resulting in billions of dollars in losses for victims worldwide. Prosecutors allege that Chen Zhi and his associates bribed foreign officials, used violence to protect their criminal activities, and laundered criminal proceeds through professional money laundering networks as well as Prince Group's online gambling and cryptocurrency mining businesses. As of 2020, Chen Zhi personally held approximately 127,271 bitcoins, and the U.S. government will seek to confiscate these assets. Chen Zhi is charged with conspiracy to commit wire fraud and conspiracy to commit money laundering. The case is currently being presided over by Judge Rachel P. Kovner.
- 07:33The U.S. Department of Justice confirms it has seized 127,271 BTC related to a pig-butchering scam case.ChainCatcher News, according to a joint announcement by the U.S. Attorney's Office for the Eastern District of New York and the National Security Division, the U.S. government has filed a civil forfeiture lawsuit for approximately 127,271 bitcoins (currently valued at about $15 billion), and confirmed that these funds are now in U.S. custody. The announcement stated that these crypto assets were obtained by the defendants through fraud and money laundering activities, and were originally stored in non-custodial wallets controlled by them. The U.S. authorities have now obtained the private keys and taken over the storage addresses of the funds. The Department of Justice stated that this is the largest crypto asset seizure operation in U.S. history.