ChainCatcher message, crypto detective ZachXBT posted: "Someone tried to get me to delete a post that exposed a person involved in a $4.3 million robbery in the UK, who apparently submitted a court order from Brazil, claiming it violated UK law. However, the court order is forged, as the case is currently being heard in the UK, with zero connection to Brazil. Fortunately, X will alert you about such requests."

ChainCatcher news, according to official sources, the Hong Kong Securities and Futures Commission announced that under the legal proceedings initiated under Section 213 of the Securities and Futures Ordinance, the Hong Kong High Court has issued a temporary injunction against 11 individuals suspected of manipulating Dingyifeng Holdings Group International Limited. The individuals are prohibited from transferring any assets within Hong Kong or disposing of or handling any assets within Hong Kong in any way, or reducing the value of any assets within Hong Kong, up to a total of 6,353,386,915 HKD.In March of this year, the Shenzhen Office for the Prevention and Handling of Illegal Fundraising issued a statement through the Shenzhen Municipal Bureau of Local Financial Supervision, stating that Dingyifeng International Asset Management Group Limited was promoting the issuance of a DDO digital option within the country, soliciting public subscriptions for investment. This behavior is essentially the issuance and trading of virtual currency, which constitutes illegal financial activity. In early 2024, Dingyifeng attracted attention due to widespread inability to redeem its products.

ChainCatcher news, X's lawyer stated in a court document on Friday that X has complied with the order for the social network to delete accounts accused of participating in misinformation (dissemination), as well as the Supreme Court's request for fines and the appointment of a new legal representative for X in Brazil.According to Times, the Brazilian Supreme Court confirmed this in its own document on Saturday, but noted that X has not submitted the appropriate documents to advance the case and will have five days to do so. André Zonaro Giacchetta is one of X's new lawyers in Brazil, and he stated that the conditions for X's return to Brazil "have been met, but it depends on" the assessment of the country's Supreme Court. Elon Musk has publicly stated that X will continue to disregard court orders, claiming that the judge behind the orders is engaging in political censorship, and at one point described these demands as "the most severe requirements of any country on Earth."According to the Associated Press, analysts estimate that about 40 million Brazilians use X at least once a month. X did not immediately respond to a request for comment, and Musk and the social network's global government affairs page did not make any comments or statements on Saturday.

ChainCatcher news, the Hong Kong High Court has ordered key figures involved in the MANTRA DAO project to disclose financial records in response to allegations of asset misappropriation and unauthorized control.The plaintiffs claim that the defendants were initially associated with RioDeFi and siphoned off MANTRA DAO's assets and business, thereby seizing control without proper authorization.Since the defendants were accused of concealing financial reports starting in January 2021, the financial operations of MANTRA DAO have largely remained opaque. The court has instructed that detailed financial spreadsheets and supporting documents be submitted to the plaintiffs' legal and financial advisors.It is reported that Mantra is a layer1 blockchain aimed at launching tokenized real-world assets, and OM is its governance token.

ChainCatcher news, the Seoul Central District Court ordered on July 31 that the closed virtual asset exchange GDAC return 7.8 million WEMIX tokens (worth approximately 7.31 million USD) to Wemade CEO Park Kwan-ho.The court supported Park Kwan-ho's application for a temporary injunction for the delivery of virtual assets submitted on July 29. If GDAC fails to comply with the order within 30 days, it will pay Park a daily fine of 3 million Korean won after the deadline.The court dismissed GDAC's allegations against Park regarding market manipulation and money laundering, noting that GDAC may have failed to maintain a 100% reserve ratio, which contradicts its previous statements. The court also hinted that the losses from the approximately 20 billion Korean won (about 14.48 million USD) hack GDAC suffered last April may not have been fully recovered.It is reported that GDAC terminated services on July 16, preventing Park from withdrawing the remaining WEMIX.

ChainCatcher news, according to Bloomberg Law News, a federal court in Illinois has ordered the cryptocurrency hedge fund Jafia LLC and its principal Sam Ikkurty to pay $84 million to settle fraud charges brought by the Commodity Futures Trading Commission (CFTC).Judge Mary Rowland stated that Sam Ikkurty made various false statements regarding the cryptocurrency hedge fund operated by his company Jafia, including statements about his experience in cryptocurrency trading. Sam Ikkurty also used funds from other investors to pay inflated redemption amounts to fund investors, constituting a "typical Ponzi scheme."

ChainCatcher news, according to DL News, the wife of Binance executive Tigran Gambaryan, who is imprisoned in Nigeria, and an informed source stated that the Nigerian Correctional Service, responsible for managing the Nigerian prison system, ignored a court order and refused to send Gambaryan, who is suffering from malaria and a severe throat infection, to the hospital for treatment. Instead, he is receiving treatment at the clinic in Kuje prison, which is poorly equipped and in urgent need of renovation.Gambaryan's wife, Yuki Gambaryan, is concerned that her husband's physical and mental health is deteriorating. Yuki said, "Despite the court's clear directive for him to be hospitalized, the authorities are not allowing him to leave the prison that caused his illness, which is very shocking and frustrating to me." Last Thursday, Gambaryan collapsed in court the day after his trial for money laundering in Nigeria's capital, Abuja.

ChainCatcher news, according to CryptoSlate, Nigerian authorities have intensified their investigation into Binance, with the Federal High Court ordering Binance to provide detailed information on all Nigerian users to the country's most important anti-corruption agency—the Economic and Financial Crimes Commission (EFCC).It remains unclear whether Binance will comply with the Nigerian authorities' request. As of the time of publication, Binance has not responded to further comment requests from CryptoSlate.Earlier reports from the Financial Times indicated that after the detention of Binance's compliance officer Tigran Gambaryan and Africa regional manager Nadeem Anjarwalla in Nigeria, the country requested Binance to provide information regarding its top 100 users in the country and all transaction history from the past six months. Additionally, the Nigerian SEC proposed a 400% increase in registration fees for cryptocurrency companies.

ChainCatcher news, according to market news, the British Virgin Islands court has ordered a global freeze on the assets of 3AC co-founders, amounting to up to $1.144 billion.

ChainCatcher news, JPMorgan stated in a report that "after the U.S. Court of Appeals ordered the U.S. Securities and Exchange Commission (SEC) to review Grayscale's application to convert GBTC into an ETF, the likelihood of a spot Bitcoin ETF being approved has increased, but such approval is unlikely to change the game for the cryptocurrency market. Spot Bitcoin ETFs have existed outside the U.S. for some time but have failed to attract significant investor interest."

ChainCatcher news, according to Cointelegraph, Thailand plans to take legal action in the future, requesting the court to order the closure of Facebook unless the platform takes measures to address the investment and cryptocurrency scam advertisements that appear on it.The Ministry of Digital Economy and Society (MDES) of Thailand stated that more than 200,000 people have been scammed due to advertisements on Facebook that promote cryptocurrency scams, fake investment companies, and counterfeit official agencies such as the Securities and Exchange Commission.

ChainCatcher News, the U.S. Commodity Futures Trading Commission (CFTC) announced that U.S. District Judge Naomi Reice Buchwald for the Southern District of New York issued a permanent injunction against Michael Ackerman, prohibiting him from trading on any CFTC-regulated market and from registering with the CFTC. Ackerman is also ordered to pay $27 million in restitution to fraud victims and a $27 million civil penalty for a fraudulent digital asset trading scheme.The CFTC stated that from August 2017 to December 2019, Ackerman defrauded over 150 individuals and entities of at least $33 million, claiming it was for digital asset trading. However, less than $10 million was used for trading digital commodity assets, with the remaining funds misappropriated for personal use or to extend the fraudulent scheme. (Source link)

ChainCatcher news, according to CoinDesk, the bankrupt crypto lending institution Voyager and the bankrupt crypto exchange FTX have reached a temporary agreement regarding the disputed loan payment of $445 million. Voyager will retain the $445 million in disputed funds, awaiting a court order resolution or final settlement.It is reported that Alameda Research filed a lawsuit in January seeking to recover "no less than $445.8 million in loans to Voyager prior to its bankruptcy filing, along with any additional avoidable transfer value known to the plaintiff, and any additional costs incurred as a result."According to ChainCatcher's morning report, Voyager has reached a settlement agreement with FTX/Alameda, and Alameda will withdraw its $75 million claim. (CoinDesk)