ChainCatcher message, Slow Mist stated on platform X that due to law enforcement intervention, Slow Mist will fully cooperate with law enforcement and DEXX official related investigation requests. If not authorized, it is impossible to disclose information that should not be disclosed. If you are a victim, keep an eye on the wallet address of the attacker corresponding to your stolen funds. Many wallets have an observer wallet mode, which makes it easy to monitor fund movements.

ChainCatcher message, Slow Mist posted on platform X stating that its team will assist law enforcement in tracking stolen funds and analyzing related clues. A complete list of hacker addresses will soon be released in collaboration with DEXX. Currently, approximately 2,000 suspicious addresses have been roughly identified.

ChainCatcher news, according to a report by Fortune, Blockchain Association Executive Director Kristin Smith commented that the regulatory actions of the U.S. Securities and Exchange Commission (SEC) against the crypto industry have resulted in American companies paying over $400 million in legal defense costs. This data highlights the excessive regulation of the crypto industry during SEC Chairman Gary Gensler's tenure.According to the latest poll by the Blockchain Association and HarrisX, two-thirds of voters support the establishment of crypto market rules by Congress rather than unelected regulatory agencies. Notably, the crypto industry targeted by the SEC accounts for only 0.25% of the global market, yet its enforcement actions have led to the migration of innovation, job opportunities, and economic development overseas.The Blockchain Association emphasizes that the SEC's losses in the Ripple case and other significant setbacks highlight the flaws of the "regulation by enforcement" strategy. The association calls on Gensler to immediately cease enforcement actions against crypto companies and instead focus on an orderly transition so that his successor can implement a regulatory framework that aligns with congressional intent and market realities.

ChainCatcher news, according to CryptoSlate, Trump promised to ease cryptocurrency enforcement during his campaign. Current and former government lawyers stated at a meeting in New York on Friday that this change will occur as Trump readjusts the policies of the Department of Justice and regulatory agencies.Lawyers indicated that cryptocurrency fraud cases will not receive a free pass, but they are no longer a priority. The focus of government agencies and departments may shift to areas such as immigration enforcement, another promise made by Trump during his campaign.Scott Hartman, co-chair of the Securities and Commodities Task Force at the Manhattan U.S. Attorney's Office, stated that the office will reduce its resource allocation for crimes related to cryptocurrency. This means that the number of prosecutors handling cryptocurrency cases will decrease compared to the period during the 2022 cryptocurrency industry collapse that triggered the "crypto winter."

ChainCatcher message, DEXX official announced the latest progress on the theft incident:The team has communicated with law enforcement agencies in multiple locations to file a case;They hope to communicate with the hacker;The SlowMist team has been engaged to investigate and account for all users' lost funds, as well as the flow of the hacker's funds;They are discussing follow-up solutions for users.Further updates will be promptly communicated through in-site notifications and X/Telegram.

ChainCatcher news, investment bank TD Cowen believes that the situation may change under the leadership of the Trump administration.TD Cowen researchers wrote on Monday that they believe "once Trump appoints a new SEC chairman, cryptocurrency enforcement may be put on hold, regardless of whether Gary Gensler resigns from his position as SEC commissioner; he will appoint a new SEC chairman on January 20."TD Cowen researchers claim that they believe the new chairman will reassess the existing cases initiated by financial regulators against cryptocurrency companies, "and look for ways to more clearly articulate how cryptocurrency companies can comply with existing laws."

ChainCatcher news, former SEC Chairman John Reed Stark posted on the X platform stating, "The harsh reality is that people have spoken, the SEC should stop all crypto enforcement actions, dismiss or settle all ongoing crypto lawsuits, and current Chairman Gensler should resign. President Trump's victory is a tremendous overwhelming win and should be respected. The crypto market will usher in unprecedented prosperity."

ChainCatcher News: A resident of Keystone, Colorado, encountered a complex cryptocurrency scam last week, losing over $6,000 in Bitcoin after scammers impersonated law enforcement officers and threatened to arrest him for missing jury duty.According to documents reviewed by Decrypt, there was also a $4,000 transfer in progress, but officers intervened before the transfer could be completed.The Summit County Sheriff's Office revealed that the criminals had obtained sensitive personal information during the call. The office noted in the incident report: "The deputy sheriff would never call to inform anyone of an arrest warrant and then offer to clear the warrant in exchange for gift cards, wire transfers, or Bitcoin."

ChainCatcher News, U.S. state securities regulators have stated that most of their investigations and enforcement actions in 2023 stem from technology and digital assets.In new investigations launched in 2023, 343 cases involved digital assets, 144 involved staking, and 205 involved social media fraud. The North American Securities Administrators Association stated in a release earlier this week that these numbers represent a "significant increase" compared to 2022.According to the 2024 Enforcement Report released on Tuesday, throughout the entire calendar and fiscal year of 2023, state regulators also reported 214 cases involving stocks and equity, as well as 145 cases involving Ponzi schemes and pyramid schemes. The report was compiled through a survey of NASAA members, including responses from 49 member jurisdictions of the association.

ChainCatcher news, Don Wilson, founder of DRW Venture Capital, stated in an interview with Coindesk that some legislators and regulators, such as Senator Elizabeth Warren, hold a hostile attitude towards cryptocurrencies because they "really believe in the power of the state," and that cryptocurrencies undermine this power.Don Wilson said, "If their worldview is that more government control would make the world a better place, then they would feel that any efforts they make to slow down the development of cryptocurrencies would make the world a better place, even if it means doing so in a way that is somewhat unfair to market participants."Chelsea Pizzola, legal counsel for DRW, also stated that the company's attempt to register its cryptocurrency brokerage firm, Cumberland Securities LLC, with FINRA (which is also responsible for regulating the U.S. markets) was rejected, and that the company is not the only one that has attempted to register and acquire a brokerage firm, having been trying to pursue a compliant path for years, sincerely attempting to engage with SEC trading and market staff.

ChainCatcher message, the Wallet application on Telegram now supports law enforcement evidence collection. Its webpage instructs law enforcement agencies to submit requests via a specified email address, stating: "Wallet will carefully review each law enforcement request and cooperate in disclosing information on a case-by-case basis in accordance with its internal policies and applicable laws. All communications and requests must be thoroughly verified."It is reported that Telegram does not directly operate the Wallet application; it is a cryptocurrency wallet and a mini-program within the Telegram ecosystem. These developments come as Telegram strengthens its efforts to streamline privacy policies globally.

ChainCatcher news, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), the UK's Foreign, Commonwealth & Development Office (FCDO), and Australia's Department of Foreign Affairs and Trade (DFAT) jointly imposed sanctions last week on key members of the ransomware gang Evil Corp.At the same time, the U.S. Department of Justice announced an indictment accusing a member of Evil Corp of deploying BitPaymer ransomware within the United States.It is reported that the Evil Corp organization developed and spread Dridex, a malware that infected computers worldwide and stole login credentials, resulting in over $100 million being stolen from hundreds of banks and financial institutions in more than 40 countries.

ChainCatcher news, according to Bitcoin.com, the Indian Enforcement Directorate has uncovered a massive $48 million scam related to the online gaming app Fiewin, which involves Chinese nationals.After an in-depth investigation, approximately $3 million in accounts linked to these individuals have been frozen. The scam lured users with a quick money-making scheme but blocked fund withdrawals. The investigation also involves assistance from Binance, revealing a complex transfer of cryptocurrency to China.

ChainCatcher news, according to the official announcement, the U.S. Securities and Exchange Commission (SEC) today announced that the Director of the Enforcement Division, Gurbir S. Grewal, will be leaving on October 11, 2024. After Mr. Grewal's departure, the Deputy Director of the Enforcement Division, Sanjay Wadhwa, will serve as Acting Director, and the Chief Counsel of the Enforcement Division, Sam Waldon, will serve as Acting Deputy Director."We are very fortunate to have an outstanding public servant like Gurbir Grewal join the SEC and lead the Enforcement Division over the past three years," said SEC Chairman Gary Gensler. "Every day, he has been thinking about how best to protect investors and help ensure that market participants comply with time-tested securities laws. The Enforcement Division he led has always been fearless, following the facts and the law, and remaining impartial. I have greatly enjoyed working with him and wish him all the best."

ChainCatcher news, according to an official announcement, the Enforcement Directorate (ED) of India has arrested four individuals related to the Fiewin gaming application scam, which allegedly caused victims to lose over 47.6 million dollars. The Fiewin app lured users into online gambling and gaming, falsely claiming that profits could be easily made. In deep collaboration with Binance's Financial Intelligence Unit (FIU), the ED's investigation uncovered the connection between the scam and digital wallets.

ChainCatcher news, the Indonesian Criminal Investigation Agency (Bareskrim) has collaborated with Binance and Tokocrypto to capture a major fraud operation, identifying multiple suspects and seizing $200,000 in ill-gotten gains.Bareskrim has launched an investigation into a suspected trading fraud case involving a cryptocurrency trading website. The investigation confirmed that the website was part of a pig butchering scam. During the investigation, several individuals involved in managing accounts that received stolen funds were arrested. Authorities discovered approximately 50 mobile phones and several local bank cards, as well as banking applications, on the suspects' mobile phones and tablets. When asked about the cryptocurrency wallets they controlled, the suspects refused to cooperate.Through forensic analysis, Bareskrim investigators identified wallet addresses that may be controlled by the suspects and found supporting evidence in their communication records, particularly on Telegram. Their chat screenshots revealed several key wallet addresses, further linking the suspects to the fraud.Bareskrim has arrested individuals involved in managing the stolen funds.