Bitpush Weekend Key News Review:
[UBS, Citibank, and 9 Other Institutions Fined $21.5 Million by Singapore for $2.2 Billion Money Laundering Case]
According to CoinDesk, the Monetary Authority of Singapore (MAS) concluded a two-year investigation, imposing a total fine of $21.5 million on 9 financial institutions including Credit Suisse (now part of UBS) and Citibank, primarily due to deficiencies in anti-money laundering controls. The case involved a criminal gang from Fujian province, with a total amount of $2.2 billion, and assets seized including cryptocurrencies, cash, and luxury houses.
10 people have been convicted, and 2 former bank employees have been prosecuted. The relevant financial institutions are taking corrective measures, and regulatory authorities will continue to supervise the progress of improvements.
[Musk Responds to Stance Change: Opposing Trump's Expanded Fiscal Deficit Policy]
Tesla CEO Elon Musk stated in response to a netizen's question that the main reason for his stance change was the Trump administration expanding the fiscal deficit from $2 trillion during the Biden era to $2.5 trillion. Musk said this would "lead to national bankruptcy".
Previously, Musk announced the establishment of the "America Party", which will break the existing political landscape.
[ZachXBT: Not Taking Sui Ecosystem Cases, the Ecosystem is Not Supported]
Crypto detective ZachXBT posted on X that he will not take cases in the Sui ecosystem because he is not supported in this ecosystem. He has repeatedly told the foundation to invest in appropriate analysis tools (such as TRM, Etherscan block explorer), but with little progress.
[Former DigitalMint Ransomware Negotiation Expert Accused of Colluding with Hackers to Extort Victims, Investigated by US Department of Justice]
According to Bitpush information and Bloomberg cited by IT Home, the US Department of Justice is investigating a former ransomware negotiation expert from DigitalMint, who is accused of making a secret agreement with hackers to extract commissions from ransom payments, seriously damaging client interests. DigitalMint is a Chicago-based incident response and digital asset services company specializing in ransomware negotiation and cryptocurrency payment services, helping clients obtain decryption keys and prevent stolen data leakage.
The investigation focuses on whether the negotiator violated federal laws, including conspiracy, wire fraud, and money laundering. If found guilty, this person will face severe punishment. DigitalMint has stated that the involved employee was immediately fired, and the behavior is an isolated incident.
[Bitcoin Mined an Empty Block at Height 904263]
According to Mempool data, the Bitcoin network mined an empty block (containing only a Coinbase transaction, with no other transaction data) at block height 904263, with an interval of only 29 seconds from the previous block.
[Musk Has Submitted "America Party" Organization Declaration to the US Federal Election Commission]
According to Townhall columnist Grage Dustin, Musk has submitted the organization declaration for the "America Party" to the US Federal Election Commission (FEC).
[CZ Comments on "TON Stakers Can Get 10-Year UAE Golden Visa": If True, Will Promote BNB to Enjoy Equal Treatment]
Binance founder CZ posted on social media regarding the topic of "Toncoin cooperating with UAE, offering 10-year golden visa to TON stakers": "If this is true, we will definitely work to let BNB enjoy the same treatment."
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