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, on the X platform, on-chain detective ZachXBT stated that the recently highly publicized "Hyperliquid 50x leverage whale" is actually a cybercriminal using stolen funds for gambling.When users asked ZachXBT to disclose the identity of the criminal, ZachXBT responded: "We are waiting and seeing; it's just no longer enjoyable to post investigation results on X/Twitter."Additionally, ZachXBT explicitly ruled out the possibility that the address is linked to the North Korean hacker group Lazarus Group.

ChainCatcher news, according to CoinDesk, Nasdaq-listed video sharing platform Rumble announced the purchase of 188 BTC for $17.1 million, at an average price of $91,000.This move is part of Rumble's previously disclosed plan, which will adopt a Bitcoin funding strategy and allocate up to $20 million of cash reserves to Bitcoin. Rumble CEO Chris Pavlovski stated that this decision is part of its further involvement in the crypto industry.The company added that future purchases will depend on market conditions, Bitcoin prices, and Rumble's cash flow needs, among other factors.It is reported that Tether invested $775 million in the company at the end of last year.

ChainCatcher news, according to the Financial Times of the UK, the cryptocurrency executive order ultimately signed by the Trump administration differs significantly from its previous social media messaging. According to the latest executive order, the U.S. will establish a "strategic Bitcoin reserve" and a "digital asset repository," but the source of funds is limited to tokens obtained through "criminal or civil asset forfeiture proceedings," rather than market purchases.The report points out that Bitcoin "will be held as a reserve asset," meaning it will be permanently retained, while other tokens (including Ethereum and possibly XRP, SOL, and ADA) can be sold but not purchased. This is in stark contrast to the image previously suggested by Trump of a "Congress-approved, well-funded last buyer."The Financial Times analysis believes that this plan will convert about 200,000 Bitcoins from temporary freezes to permanent freezes, while creating selling pressure on all other tokens like Ethereum. Compared to last year's discussions of a "crypto sovereign wealth fund capable of repaying national debt," this resembles more of a "bait-and-switch."

ChainCatcher message, the brand new AI Powered game Crypto Rumble in the Zypher ecosystem will officially launch on February 21, 2025, at 16:30. This game is an innovative full-chain game in the Zypher ecosystem that combines AI, cards, and elimination. Its feature lies in the use of AI agent mode for automated gameplay, allowing users to play the entire game with 0 gas consumption through 0 gas SBT.Utilizing the ZypherL3 network, Crypto Rumble will provide users with an efficient and low-cost gaming experience while ensuring transparency and fairness through zero-knowledge proof (ZK) technology.The high speed and low latency of the ZypherL3 network offer players a smooth experience, while decentralization and smart contracts ensure transaction security. In the future, the game will expand social and competitive elements to enhance player immersion.

ChainCatcher news, the brand new AI Powered game Crypto Rumble of the Zypher Network ecosystem has launched its blind box presale on February 18, 2025, at 15:00. The presale consists of 3 rounds: the first round has 500 blind boxes priced at 0.001eth; the second round has 1000 boxes priced at 0.003eth; the third round has 2000 boxes priced at 0.004eth; the first round of blind box presale sold out within two hours.Blind box users will receive additional airdrop points in advance. Previously, Crypto Rumble conducted a public test for the first 1000 early bird users on the Linea mainnet, with over 31k transactions.The game will be deployed on the Zypher L3 network, leveraging its efficient, low-cost infrastructure and zero-knowledge proof (ZK) technology to ensure transparency and fairness in the game. The high speed and low latency of the Zypher L3 network provide players with a smooth experience, while decentralization and smart contracts ensure transaction security. In the future, the game will expand social and competitive elements to enhance player immersion.

ChainCatcher news, according to The Block, CluCoin founder Austin Michael Taylor has been sentenced to 27 months in prison for telecommunications fraud and must pay $1.14 million in restitution.Taylor issued the CLU token on the BNB Chain in 2021, subsequently launching Goobers NFT, the Web3 game Gridlock, and the metaverse platform Xenia. In early 2023, he admitted to using investor funds for online gambling and embezzlement. The CLU token once reached a market value of $17 million, but is now only worth $54,000. The Goobers NFT had a peak floor price of 55.25 ETH, but the price has since plummeted.

ChainCatcher news, video sharing platform and cloud service provider Rumble (NASDAQ: RUM) announced that the company has completed a strategic investment of $775 million from Tether.Regarding the details of the transaction, as part of the deal, Tether purchased 103,333,333 shares of Rumble Class A common stock at a price of $7.50 per share, for a total amount of $775 million. The company will use $250 million of this amount to support growth plans after deducting transaction fees. As part of the completion of the transaction, the company has successfully completed the previously announced tender offer to purchase up to 70 million shares of Class A common stock.As of the expiration date, a total of 70,061,168 shares were validly and successfully tendered and not withdrawn. Rumble subsequently accepted the purchase of 70 million shares on a pro-rata basis, with odd lot tenders being accepted in full, for a total amount of $525 million (excluding fees and expenses related to the tender offer). The depositary will immediately pay for the accepted shares and return all other tendered but unpurchased shares.

ChainCatcher news, according to X platform user @SigmaSquared_, if calculated based on company revenue, pump.fun's revenue in 2024 is expected to be $1 billion, ranking 10th among global gambling companies.In addition, he added in the comments: if calculated based on net profit, pump.fun is expected to rank 5th.

ChainCatcher news, according to livedoor, due to suspected gambling through overseas online casino websites, the Chiba Prefectural Police in Japan transferred 30-year-old table tennis player Takaki Niwa, the bronze medalist in the men's team event at the 2021 Tokyo Olympics, to the prosecution on the 29th. It is believed that during a voluntary questioning, he admitted to the relevant charges, stating that he placed bets on the outcomes of sports competitions.In an interview with Kyodo News, Niwa said, "I didn't know this was illegal, and I feel very regretful. I'm sorry to my fans."According to investigators, the Japanese police have attached a request for strict handling of the case. The charges state that in early summer 2023, Niwa accessed an online casino website through a domestic internet connection and used cryptocurrency for gambling.While the Japanese police were cracking down on online casino payment agents, they discovered users nationwide, which led to the exposure of Niwa's involvement.Niwa participated in the 2012 London Olympics at the age of 17 and won a silver medal in the men's team event at the 2016 Rio de Janeiro Olympics. In the fall of 2022, he announced his retirement but continued to engage in athlete activities within Japan.

ChainCatcher news, recently, the People's Court of Pingjiang County, Hunan Province announced multiple criminal judgments involving the BKEX exchange, clearly defining the platform's contract trading as gambling behavior, and holding relevant employees and agents criminally responsible for the crime of operating a casino.The judgment shows that BKEX was founded by Ji Jiaming in 2018 in Chengdu, mainly providing virtual currency exchange and spot trading services. In 2021, the platform launched perpetual contract trading features, allowing users to bet on the price fluctuations of virtual currencies like BTC and ETH using USDT, suspected of using the internet to gather crowds for gambling. By the time of the incident, BKEX had accumulated a net profit of approximately 54.798 million USDT (equivalent to about 300 million RMB), with 270,000 contract trading users, of which over 60,000 were active users.Due to the founder Ji Jiaming being on the run, this case mainly targets platform employees and agents. The judgment involves 2 employees and 6 agents, among them, an employee named Zheng Lei, who served as a wallet engineer responsible for technical support for fund circulation, was sentenced to 2 years and 1 month in prison, with a 2-year and 1-month probation, and fined 150,000 yuan; another employee, Wang, was responsible for KYC verification and fund settlement, sentenced to 1 year and 11 months in prison, and fined 52,000 yuan. Agent Dong was sentenced to 1 year and 6 months in prison, with a 1-year and 6-month probation, and fined 35,000 yuan for developing downline participants for gambling profits. The related illegal gains have been confiscated and turned over to the national treasury.The court determined that the defendants were all accomplices, and some individuals received lighter penalties due to pleading guilty and actively returning stolen goods.Earlier in 2023, news from BKEX exchange: due to suspected "money laundering" and cooperating with the police for evidence collection, it will suspend withdrawals.

ChainCatcher news, Tether's investment video-sharing platform Rumble Chairman and CEO Chris Pavlovski recently confirmed that Rumble Wallet is about to launch. This is a massive internal project that creates a new way for creators to transact. Creators can receive tips and subscription fees instantly in Rumble Wallet via BTC or USDT.Tether CEO Paolo Ardoino commented, "One cool feature of Rumble Wallet is the use of AI agents/assistants to help manage payments, suggest Bitcoin savings strategies based on past activities, and tip the most popular creators."

ChainCatcher news, Rumble founder and CEO Chris Pavlovski confirmed on the X platform that they will launch Rumble Wallet, a crypto wallet supporting Bitcoin and USDT, which will provide creators with new ways to transact. Creators can receive fan tips and subscription income through these two cryptocurrencies.

ChainCatcher news, according to the typical cases of punishing gambling and related crimes published by the Supreme People's Court, the People's Court of Rongchang District, Chongqing, tried the case of defendant Wang Zhi, who operated a casino. He developed agents and gamblers through the "Pomelo Alliance" gambling platform, with a total amount involved reaching 590 million yuan, including over 900 bank card accounts and virtual currency funds. The court sentenced Wang Zhi to four years and five months in prison for the crime of operating a casino and imposed a fine, while also confiscating illegal gains and involved funds.The Supreme People's Court pointed out the typical significance of the case, stating that the people's courts closely cooperate with public security, prosecution, and other departments to implement relevant sealing and freezing measures in accordance with the law, confiscating involved funds amounting to tens of millions of yuan and a large amount of virtual currency.

ChainCatcher news, Rumble founder and CEO Chris Pavlovski revealed on social media that last Friday Rumble ($RUM) completed its first purchase of Bitcoin ($BTC) and stated that this would not be the last time, hinting that the company may continue to increase its Bitcoin holdings in the future.Previously, Rumble announced a Bitcoin financial strategy, including plans to purchase $20 million worth of Bitcoin.