Bubblemaps: Trove Markets project team quietly refunds pre-sales to KOLs

The Israeli military is hunting for spies on Polymarket

Israeli Defense Forces reservists and civilians have been charged for placing bets on military secrets on Polymarket,涉嫌 insider trading. This incident highlights the risks of unfair competition and insider involvement in prediction markets, especially in sensitive areas like war. It calls for potential future regulation to prevent similar issues.

Chainalysis Flags Hundreds of Millions in Crypto Tied to Trafficking Groups

_Chainalysis reports an 85% rise in crypto flows tied to trafficking networks, with stablecoins widely used in illicit operations._ Crypto payments are playing a growing role in suspected human trafficking operations. New findings from Chainalysis show a sharp increase in digital asset flows

Regulatory Storm Brewing? The US SEC and CFTC Keep a Close Watch on the Prediction Market

The prediction markets in the United States have rapidly emerged in recent years, attracting the attention of regulatory agencies. SEC Chairman Paul Atkins emphasized that the legal status of prediction markets as "gambling" or "financial instruments" remains controversial, especially for contracts involving events such as elections. The overlapping regulatory authority requires collaboration between federal and state governments, and whether clear rules will be established in the future remains to be seen.

Cold wallets are still there, but Bitcoin has vanished? 22 BTC mysteriously disappeared from Seoul Gangnam Police Station, with South Korean authorities losing nearly $50 million worth of coins in six months

Seoul Gangnam Police Station in South Korea has discovered that 22 Bitcoins stored since 2021 have been transferred under unknown circumstances, worth over $1.4 million, with the cold wallet still at the police station. Previously, the Gwangju Prosecutor's Office also lost approximately $47 million worth of Bitcoin due to a phishing attack. This has raised questions about internal personnel or cybersecurity vulnerabilities, leading to a crisis of trust in the management of encrypted assets by Korean law enforcement agencies.

DOJ Issues Valentine’s Day Alert on Rising Pig-Butchering Crypto Scams

U.S. authorities warn of an increase in romance-related crypto scams around Valentine's Day, where scammers build trust over time before disappearing with victims' funds. Known as "pig butchering," this method combines emotional manipulation with fake investments, leading to significant financial losses.

U.S. Department of Justice Urgently Warns: Valentine's Day Love Scams Using Cryptocurrency to Swindle Funds, Single Cases Exceeding $8 Million

February 13 News, the U.S. Department of Justice issued a warning through the Northern District of Ohio Federal Prosecutor's Office, reminding the public to stay vigilant around Valentine's Day and to be aware of love scams centered on cryptocurrency transfers and fake investments. In the official statement, they straightforwardly said: “Cupid does not ask for cryptocurrency,” and pointed out that criminals are using dating platforms, social media, and chat apps to establish relationships, then inducing transfers by citing emergencies, travel expenses, or so-called high-return investments. U.S. Prosecutor David M. Topfer stated that these scams are not about romance but are solely aimed at money. He urged the public to verify identities before any transfers and to avoid sending money to people they have never met. Law enforcement officials disclosed that scammers often forge identities using stolen photos, claiming to be overseas service members or engaged in international business, quickly expressing “deep affection,” then shifting conversations to private messaging apps, and ultimately demanding payments via encrypted assets, gift cards, or wire transfers.