ChainCatcher message, according to reports from Wu, monitored by Etherscan, the Infini Team sent an on-chain message to Infini Exploiter 2: 0xfc...6e49, attaching court litigation documents via a link. The specific content is as follows:The plaintiff is Chou Christian-Long, the CEO of BP SG Investment Holding Limited, a Hong Kong registered company wholly owned by Infini Labs. The first defendant is Chen Shanxuan, who works remotely in Foshan, Guangdong, and the identities of the second to fourth defendants are temporarily unconfirmed.The plaintiff, along with BP Singapore, developed a smart contract for managing company and client funds, led by the first defendant. The contract was originally set up with multi-signature permissions to strictly control any fund transfers.When the contract went live on the mainnet, the first defendant allegedly retained "super admin" privileges but falsely claimed to other team members that he had "transferred" or "removed" that privilege.In late February 2025, the plaintiff discovered that approximately 49,516,662.977 USDC worth of crypto assets had been transferred to several unknown wallet addresses (controlled by the second to fourth defendants) without multi-signature approval.Fearing that the defendants or unidentified individuals would further transfer or launder the assets, the plaintiff applied to the court for:A "restraining order" against the first defendant and related unidentified individuals to restrict their transfer or disposal of the stolen assets;An order for the defendants or those actually controlling the relevant wallets to self-disclose their identities;Issuance of various mandatory orders prohibiting the disposal of assets to the first defendant and other unknown wallet holders;A request for the other party to disclose transaction and asset information;Permission for the plaintiff to "serve extraterritorially" (i.e., serve legal documents to foreign defendants) and alternative methods of service.In the body of one affidavit, the plaintiff stated: I recently learned that the first defendant has a serious gambling habit, which may have led him to incur substantial debts. I believe this prompted him to steal the assets involved in the case to alleviate his debts. The plaintiff also submitted screenshots of relevant message records to prove that the first defendant "may be in substantial debt."According to the affidavit, the first defendant borrowed funds from various sources in a relatively short period, even allegedly contacting "underground banks" or so-called "loan sharks," leading to pressure from high interest rates and debt collection calls.Exhibit "CCL-17" mentions that he sought help from others in a chat, stating that he was burdened with "interest from several lenders" and continuously asked if he could borrow more money to get through the difficulties or requested the other party to help introduce new funding sources.Shortly before the incident, the first defendant had revealed in work groups or private conversations with colleagues/friends that his financial situation was "very tight," even expressing anxiety that "if I can't get money again, something will happen."These statements almost coincide with the timing of the unauthorized transfer of the company's crypto assets, thereby reinforcing the plaintiff's judgment regarding the first defendant's "motive": possibly taking risks due to pressure from substantial debt.According to the plaintiff's statement, the first defendant repeatedly avoided or only gave vague answers when asked about personal finances or gambling issues, being unclear about how much debt he actually had or whether he was still gambling.The affidavit states that the first defendant pretended that "there was no big problem" from the end of October until the incident occurred, but the content he discussed in chat software with others was clearly contradictory to this.

ChainCatcher news, according to Decrypt, Gotbit founder Aleksei Andriunin has reached a plea agreement with U.S. authorities to forfeit $23 million in crypto assets related to market manipulation charges. Court documents cited by Law360 show that Andriunin was involved in Gotbit's actions that caused "decentralized market participants" to suffer financial "harm" as they purchased cryptocurrencies at "fraudulently inflated prices." The founder of Gotbit was extradited to the U.S. at the end of February, after being arrested in Portugal four months earlier.The plea agreement could result in Andriunin avoiding prison time and not having to pay additional fines beyond the forfeiture of assets. However, the court retains final discretion over the terms of the sentencing. The total amount of assets subject to civil forfeiture is $23 million, including stablecoins issued by Tether and Circle, held in four wallets "fully controlled" by Andriunin. Court documents indicate that Andriunin will be subject to three years of supervised release, during which he is strictly prohibited from engaging in any crypto activities.Previously, in November last year, it was reported that the U.S. Department of Justice charged Gotbit's CEO with orchestrating a large-scale scheme of false trading.

ChainCatcher news, according to the International News Agency, Russian Deputy Finance Minister Vladimir Kolychev told reporters that the Russian Ministry of Finance does not plan to change the current investment structure of the national welfare fund, particularly it will not include cryptocurrency assets—cryptocurrency assets are too volatile, and the current accumulation level of the national welfare fund does not allow for high-risk investments.Kolychev stated that he has not heard of any discussions in Russia about creating a cryptocurrency strategic reserve similar to the plan of the Trump administration. He said, "This is more of a central bank issue. Honestly, I haven't heard of such discussions." Kolychev added that it is still too early to discuss the possibility of including cryptocurrency assets in the investment structure of the national welfare fund.

ChainCatcher news reports that, according to Ember monitoring, there is just over a day left until the White House cryptocurrency summit scheduled for the early morning of March 8. The DeFi project WLFI, supported by the Trump family, has made another significant purchase of crypto assets. This morning, WLFI added tokens worth a total of $21.5 million, including: $10 million of WBTC (110 coins), $10 million of ETH (4468 coins), and $1.5 million of MOVE (3.42 million coins).As of now, WLFI has spent a total of $336 million to acquire 9 types of tokens: ETH, WBTC, TRX, LINK, AAVE, ENA, MOVE, ONDO, and SEI. Since most of these assets have been transferred to Coinbase Prime, it is impossible to verify whether they have been sold; however, WLFI has stated that these assets are still held.If all assets have indeed not been sold, WLFI is currently facing an unrealized loss of approximately $88 million. The largest loss percentage is from ENA, which has dropped 63%; while the largest loss amount is from ETH, with a loss of $67.35 million, down 31%.It is worth noting that the upcoming White House crypto summit may become a key turning point for the market, as Trump is expected to announce a Bitcoin reserve strategy at the meeting, which could have a significant impact on the entire crypto market.

ChainCatcher news, according to The Block, Bitwise Chief Investment Officer Matt Hougan stated that the market's reaction to Trump's cryptocurrency reserve plan is "overinterpreted." Despite the flaws in the plan, it is still overall positive news. After Trump announced on Sunday the directive for a task force to advance the U.S. cryptocurrency strategic reserve plan, which includes BTC, ETH, XRP, SOL, and ADA, these assets rose by 10%, 15%, 25%, 30%, and 70% respectively from last week's lows, but subsequently, Bitcoin fell over 10%, and Ethereum plummeted over 15%.In a report sent to clients on Tuesday, Hougan pointed out that the market's cautious stance on the plan is mainly due to the inclusion of cryptocurrencies other than Bitcoin in the reserves, "especially the inclusion of speculative assets like Cardano, which feels more like a political consideration rather than a strategic choice." He emphasized that the market is overlooking three key factors: first, Trump's negotiation style means that the initial proposal will not be the final version; second, this move by the U.S. could trigger a global Bitcoin accumulation race; and finally, once acquired, these cryptocurrencies are likely to be held long-term without being sold.Bitwise CEO Hunter Horsley, Coinbase CEO Brian Armstrong, and Gemini founders the Winklevoss twins share the same view, believing that a pure Bitcoin reserve is the best option. Hougan expects that the Trump administration will ultimately push for some form of reserve plan, "The U.S. government's announcement that cryptocurrencies have 'strategic' significance is positive in itself, and I believe the market will eventually realize this."

ChainCatcher news, according to Cryptonews, the Enforcement Directorate (ED) of India has chosen the cryptocurrency exchange CoinDCX to manage the seized digital assets. As part of the collaboration, CoinDCX will provide a secure custody infrastructure to store and manage the confiscated assets.Indian authorities have intensified their enforcement against cryptocurrency fraud, seizing assets worth nearly $200 million in the GainBitcoin and BitConnect scams.Assistant Director of the Enforcement Directorate, Parneet Kumar, stated that CoinDCX has cooperated during the seizure process, assisting the ED in the investigation and ensuring compliance with all legal requirements.

ChainCatcher news, according to Defillama data, the total assets on the Bybit platform are currently $15.727 billion, which includes:$6.263 billion in Bitcoin;$5.18 billion in Ethereum;$1.35 billion in SOL;$1.143 billion in TRON.

ChainCatcher news, according to Jinshi reports, a month after Trump's second term, the excitement from stocks to dollars to Bitcoin is fading. Previously, crypto assets surged as the industry supported Trump, who promised to create a more friendly regulatory environment. However, with not much new development to sustain the bullish sentiment, these gains have weakened.For example, the establishment of a national Bitcoin reserve promised during Trump's campaign has not materialized, and White House crypto and AI director David Sacks stated this month that an internal working group needs to study the feasibility of the plan. Two months after the election, Bitcoin rose by about 50%. However, after reaching a peak of over $100,000 in January, it has fallen to around $97,000 as of Thursday. Scandals involving meme coins like Libra have also weakened investor interest in cryptocurrencies.Bitwise Chief Investment Officer Matthew Hougan said, "The atmosphere in the cryptocurrency market is very negative right now."

ChainCatcher news, Czech National Bank President Aleš Michl stated on social media that if investors intend to invest in crypto assets, they should exercise extra caution, as the market is still in its infancy and will experience a certain degree of ups and downs. He advises investors to only invest in assets they understand and are willing to bear the risk of potentially losing everything.However, Bitcoin is a different matter. It should not be confused with other crypto assets. Central banks should study it and explore the technology behind it. Researching Bitcoin will not harm us—on the contrary, it will make us stronger.Bitcoin is highly volatile and may head towards two extremes in the future: either worthless or immensely valuable. Bitcoin is also a high-risk asset, suitable for professional investors who understand all the risks involved.

ChainCatcher news, according to CNBC, prominent attorney Tom Goldstein has been detained by the court for allegedly concealing cryptocurrency assets. Prosecutors pointed out that Goldstein did not disclose two cryptocurrency wallets he controls to the pretrial department, which received over $8 million in funds last week and transferred out over $6 million in the past five days.Prosecutors stated that since November 2022, one of the wallets had received and sent amounts of $75.6 million and $73.6 million, respectively. Goldstein was previously charged with tax evasion of $5.3 million in January this year, and prosecutors believe he poses a flight risk and has violated regulations prohibiting the transfer of funds without approval. Additionally, he is also suspected of providing cryptocurrency to an informant to influence witnesses.

ChainCatcher news, according to Cointelegraph, Judge Jeong Woo-Yong of the 9th Criminal Division of the Southern District Court of Seoul ruled that Mr. Kim was acquitted of charges of obstructing official duties by deception.On December 18, 2024, prosecutors requested a six-month prison sentence for Mr. Kim, accusing him of declaring total assets of 1.2 billion won (834,000 USD) in 2021, while actually holding nearly 9.9 billion won (6.8 million USD) in cryptocurrency. Prosecutors claimed that Mr. Kim obstructed the Ethics Committee's review of lawmakers' assets due to potential conflicts of interest arising from his holdings.However, Judge Jeong ruled at the time that, under the Korean Public Service Ethics Act, virtual assets are currently not subject to mandatory disclosure. The court found it difficult to determine that the lawmaker had an obligation to disclose his assets.

ChainCatcher message, according to Scam Sniffer report, a user lost $156,183 worth of crypto assets after signing multiple phishing signatures, including mooConvexETH+, FLUID, and aEthWETH tokens.

According to ChainCatcher news and statistics from DL News, the Trump family's crypto assets include meme coins, DeFi applications, NFTs, and the newly launched investment business Truth.Fi. The total value of these various enterprises and assets is approximately $15.6 billion.Among them, the meme coin TRUMP has a book value of $14 billion. According to information from the Trump memecoin website, two companies, CIC Digital LLC and Fight Fight Fight LLC, collectively hold 80% of the shares of the Trump token, with a paper value exceeding $14 billion. According to Trump's financial disclosure for 2024, he wholly owns CIC Digital.CIC Digital jointly owns Fight Fight Fight with another company called Celebration Cards LLC, which is registered in Wyoming by Andrew Pierce, a legal assistant at a Wyoming LLC attorney's office. According to the company's website, Pierce's firm specializes in establishing anonymous shell companies and asset protection planning.

ChainCatcher news, according to Coindesk, the T3 financial crime investigation unit, composed of Tron, Tether, and TRM Labs, assisted Spanish authorities in successfully dismantling a multinational European financial crime group.The Spanish Civil Guard stated that the crime group operated across multiple European jurisdictions, providing money laundering services from cash to cryptocurrency for criminal enterprises.In this operation, law enforcement arrested 23 individuals and froze approximately $26.4 million in funds, marking the largest coordinated freezing action involving T3 since its establishment. According to Europol, the crime group primarily consisted of citizens from countries such as Ukraine, Armenia, Azerbaijan, and Kazakhstan.

ChainCatcher message, Coinbase announced on X that the delay issue for sending and receiving crypto assets on the Base network has been resolved, and transactions will be processed as expected.

ChainCatcher news reports that according to Shield monitoring, the Phemex exchange has suffered a hacker attack, resulting in a loss of approximately 69.1 million USD in crypto assets, involving multiple chains and tokens.Among them, the Ethereum chain lost 20 million USD, involving ETH, stablecoins, etc.; the Solana chain lost 17 million USD; the XRP chain lost 13 million USD; the Bitcoin chain lost 5.3 million USD; the BNB chain lost 3 million USD. Other affected chains include SUI, BASE, TRX, ARB, etc., involving ETH, SOL, BTC, and various stablecoins.