ETH breaks through the $2900 mark

[New wallet received 30,075 ETH from FalconX, possibly belonging to Bitmine] Onchain Lens monitoring shows that the new wallet (0x1138...31C9) received 30,075 ETH, valued at $88.31 million, from FalconX. This wallet is likely owned by Bitmine.

[U.S. Department of Commerce: Personal income data for July to September will be updated on December 23] The U.S. Department of Commerce will update personal income data for July, August, and September on December 23, alongside the preliminary estimate of third-quarter GDP.

[Former Pump.fun Developer Jarett Dunn Sentenced to Six Years in Prison for $2 Million Fraud Case] Canadian citizen and former Pump.fun employee Jarett Dunn has been sentenced to six years in prison by a London court for his involvement in a $2 million Solana fraud case. Jarett Dunn previously pleaded guilty to charges of abuse of power fraud and transferring criminal property, with both sentences to be served concurrently. Jarett Dunn stole approximately $2 million worth of SOL from Pump.fun and distributed it to random addresses, later confessing to the crime on social media. The judge rejected Jarett Dunn's defense that his actions were whistleblowing in nature. Jarett Dunn remains in custody in London.

[U.S. SEC Accuses VBit Founder of Misappropriating $48.5 Million and Committing Fraud] The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against VBit Technologies Corp. founder and CEO Danh C. Vo, accusing him of misappropriating approximately $48.5 million in a fraudulent investment scheme. According to SEC documents, Danh C. Vo and VBit raised over $95.6 million from approximately 6,400 investors, selling custodial agreements far exceeding the actual operational capacity of the company's mining machines. The SEC stated that Danh C. Vo transferred about $5 million to his family and former spouse and left the United States in November 2021. VBit was acquired in 2022, and the related mining operations have since ceased.

[Resolv Labs Withdraws 13,269 ETH from Binance Within a Week] Resolv Labs withdrew 4,658 ETH (approximately $13.35 million) from Binance an hour ago. Within a week, Resolv Labs has cumulatively withdrawn 13,269 ETH (approximately $39.4 million) from Binance.