YZY’s fully diluted valuation dropped to $1B (GMGN data). One address lost $600k on a $974k YZY buy (366k tokens @ $2.66). Another is doubling down, spending $1.3M on 744k YZY (@ $1.79), now down $550k. Total Solana meme token losses: $1.4M & $550k respectively.
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Beijing court sentenced someone to 3.5 years in prison & a 40k yuan fine for laundering money via crypto (USDT). They knowingly exchanged USDT for cash, aware it came from a scam. Warning: transferring crypto of unclear origin carries severe penalties. #crypto #fraud #China
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TRM Labs launches Beacon Network with Coinbase, Binance, Kraken, & PayPal to fight crypto crime! 🚨 The initiative enables real-time tracking & freezing of illicit funds, cutting response time to minutes. A major step towards a safer digital asset space. #crypto #security #blockchain
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