[BitGo Obtains BaFin License in Germany, Expands European Crypto Services] BitGo has obtained a BaFin license in Germany, enabling it to offer regulated cryptocurrency custody, staking, transfer, and trading services in Europe. Its subsidiary, BitGo Europe, also supports institutional clients with OTC services and multiple liquidity venues. This expansion builds on the previously acquired MiCA license, further enhancing its service capabilities.

[Whale Transfers $14.6M USDC to Hyperliquid and Goes Long on HYPE] According to Onchain Lens monitoring, the whale address 'mtaavebank.eth' deposited $14.6 million USDC into Hyperliquid and opened a 5x leveraged long position on HYPE. Additionally, the address also deposited $4.5 million into Vault.

[PGI CEO Pleads Guilty to Bitcoin Ponzi Scheme] Ramil Ventura Palafox, CEO of PGI in the United States, has admitted to orchestrating a Bitcoin Ponzi scheme exceeding $200 million, with charges including wire fraud and money laundering. He attracted over 90,000 investors worldwide through false advertising, resulting in total losses of at least $62.69 million. Palafox is scheduled for sentencing on February 3, 2026, and could face up to 40 years in prison.

[FBI Launches SafeMoon Fraud Case Victim Questionnaire] The FBI has launched a victim questionnaire for the SafeMoon fraud case to identify investors eligible for compensation. In May of this year, Braden John Karony was convicted of securities fraud, wire fraud, and money laundering. Observers note that regulatory enforcement in the DeFi sector is gradually strengthening, but challenges remain in compensation efforts.

[DeFi Development Increases Holdings by $14.6 Million in SOL, Total Position Exceeds 2 Million Tokens] DeFi Development has newly acquired 62,745 SOL, valued at approximately $14.6 million. The company currently holds over 2 million SOL, with a total value nearing $500 million.