The U.S. charges the hacker behind the Uranium Finance exploit with $53 million in damages

FBI teams up with Indonesia to dismantle W3LL phishing network, with more than $20 million involved

The U.S. FBI and Indonesian police successfully cooperated to dismantle a W3LL phishing network, seizing related equipment and detaining suspects. The W3LL phishing toolkit offers low-priced fake login pages that use man-in-the-middle attacks to easily bypass multi-factor authentication, forming an organized cybercrime ecosystem. This operation marks cooperation between the U.S. and Indonesia in law enforcement against cybercrime; however, the security threats to cryptocurrency users remain severe.

The Russian Federal Security Service cracked down on Telegram investment channel market manipulation, involving 19 companies and 55k illegal transactions

The Federal Security Service of Russia arrested three Telegram investment channel admins for manipulating stock prices through a "Pump&Dump" strategy, involving more than 55k trades across 19 large companies. Research shows that 11% of Telegram investment signals can affect stock returns, and more than 60% of investors rely on such signals. The central bank warned that it will monitor unusual transactions.

Is it possible to bypass Financial Supervisory Commission (FSC) rules for buying crypto with card payments? O’DinDin promotes Wallet Pro, a service for buying crypto with a U.S. card payment

Odin Ding has launched the OwlPay and Wallet Pro services, focusing on B2B cross-border payments. By combining stablecoin technology with international financial systems, it showcases its fintech transformation. Through its partnership with MoneyGram, Wallet Pro enables cross-border transfers for cash purchases of stablecoins and operates in the U.S. market. The company’s offshore model avoids Taiwan’s strict regulation, and under the new draft legislation, it challenges the market competitive landscape; in the future, it will affect local operators’ compliance strategies.

South Korean “retaliation intermediary” agencies charged USDT to carry out violent crimes, and continued operating even after the main suspect was arrested

South Korea has recently seen multiple “revenge intermediary” organizations that use cryptocurrency as a payment method. They offer intimidation and murder services via Telegram. Even though the main culprit has been arrested, related advertisements are still being posted. Police are investigating more than 50 cases and have arrested about 30 people.

Encourage innovation! A U.S. judge in France bans Arizona’s regulation of prediction markets and pauses the prosecution against Kalshi.

A U.S. federal district court ruled that Arizona is prohibited from using its gambling laws to prosecute the prediction market platform Kalshi, concluding that the Commodity Futures Trading Commission has exclusive jurisdiction. The ruling affects the boundary between state and federal authority in regulating financial markets, and Kalshi maintains that its business is a financial product rather than traditional gambling. Decisions on prediction markets differ across states, and the Trump family has also expressed support for prediction markets.

Can bypassing Taiwan Financial Supervisory Commission (FSC) regulations to buy crypto with a credit card be feasible? Oding Oding launches a U.S. debit card crypto purchase service, Wallet Pro

OdinTin launches OwlPay and Wallet Pro services, focusing on B2B cross-border payments. By combining stablecoin technology with international financial systems, it demonstrates its fintech transformation. Through its partnership with MoneyGram, Wallet Pro enables cross-border transfers of stablecoins purchased with cash and operates in the U.S. market. The company’s offshore model sidesteps Taiwan’s strict regulation, and under the new draft law it will challenge the competitive landscape, which in the future will affect local providers’ compliance strategies.