Monero prices rocket to $438 amid $120 million onchain laundering maze
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Onchain sleuth ZachXBT traced remaining funds across exchanges, instant swap services and other blockchains. Tether later froze $72 million in USDT linked to the activity.
Pump.fun has transferred 67000 SOLs ($4.51 million) to the Kraken exchange in the past half hour. Pump.fun has sold 4.61 million SOLs ($795 million) since the beginning of 2024, with an average transaction fee income of approximately $172. (Ashes)
Zhao Changpeng stated that there was no fraudulent behavior and no identifiable victims in his case, while the SBF case involved billions of dollars in fraud and directly harmed millions of people. (CoinDesk)
A new wallet deposited $7492.16 million in USDC into HyperLiquid and opened a 10768 million ETH long position worth approximately $18 million with 25 times leverage, with a price close to the clearing line of $1645.93. (Onchain Lens)