ZachXBT Publishes Investigation Alleging Insider Trading by Axiom Employees

The Hong Kong Securities and Futures Commission will collaborate with the police and licensed institutions to use a 24/7 stop-payment mechanism to freeze funds involved in cryptocurrency scams.

Gate News Report, March 10 — Hong Kong Securities and Futures Commission CEO Lisa Leung stated that in 2025, the organization received nearly 900 investment scam complaints, with a quarter related to virtual currencies. The Hong Kong Securities and Futures Commission will collaborate with the police, Customs, the Hong Kong Monetary Authority, licensed brokers, and virtual asset service providers to establish communication channels with licensed institutions and actively cooperate with the police anti-scam coordination center's "24/7 Stop Payment Mechanism" to freeze transactions involving scams or high risks immediately.

U.S. Congress investigates three brokerages for underwriting Chinese company IPOs, accusing them of suspected "pump and dump" stock price manipulation

The U.S. House of Representatives is investigating several Wall Street underwriters, focusing on their market manipulation related to IPOs of Chinese companies. Among them, Dominari Securities is linked to the Trump family, and lawmakers are requesting relevant information, pointing out that these companies coordinated trades to inflate stock prices, which were then followed by sharp declines.

Supreme People's Procuratorate Report: 3,259 People Prosecuted for Money Laundering Crimes Using Virtual Currency and Others Starting in 2025

Gate News reports that on March 10th, Procurator-General Yin Yong of the Supreme People's Procuratorate delivered a work report to the Fourth Session of the 14th National People's Congress. The report states that by 2025, prosecutorial agencies will intensify efforts against money laundering, prosecuting 3,259 individuals for crimes involving virtual currencies, underground banks, and other methods. Additionally, efforts will be made to lawfully punish telecommunications and online fraud crimes, with 69,000 people prosecuted.

Prosecutors Push Retrial for Roman Storm in Crypto Case

Federal prosecutors seek a retrial for Roman Storm on unresolved conspiracy charges linked to Tornado Cash, a crypto mixing service. The case raises questions about liability for developers of decentralized tools amid significant attention from the crypto community.

Thailand cryptocurrency platform freezes over 10,000 accounts suspected of money laundering

The Thai cryptocurrency platform has frozen over 10,000 accounts suspected of money laundering to strengthen efforts against money laundering activities. This move is the result of joint efforts by the Securities and Exchange Commission of Thailand and related agencies, aiming to curb money laundering and investment scams related to digital assets.

South Korean prosecutors sell stolen and recovered Bitcoin 320.8 coins, cash out $21.5 million, and remit to the national treasury

Gate News: On March 10, the Gwangju District Prosecutor's Office in South Korea sold 320.8 Bitcoins, with the proceeds of 31.6 billion Korean Won (approximately $21.5 million) remitted to the national treasury. The Bitcoins were originally confiscated after a crackdown on an illegal gambling platform, stolen in August 2025 due to a phishing attack on an official, and voluntarily returned by the hacker in February this year. The prosecution then sold the assets in batches over 11 days (from February 24 to March 6). The hacker remains at large, and the investigation is ongoing. (The Block)