๐บ๐ธ๐ According to DOJ, a U.S. court sentenced Chinese national Jingliang Su to 46 months in prison for laundering over $36.9 million from a crypto investment scam that targeted 174 U.S. victims.
Su helped move funds from fake trading platforms, converting them into $USDT and transferring them to scam centers in Cambodia, and was ordered to pay about $26.9 million in restitution. #regulation link
Su helped move funds from fake trading platforms, converting them into $USDT and transferring them to scam centers in Cambodia, and was ordered to pay about $26.9 million in restitution. #regulation link
๐บ๐ธ๐ฝ According to the U.S. SEC, due to a government shutdown, the agency will operate with very limited staff starting Jan. 31, 2026, until further notice. The SEC will prioritize emergency responses related to market integrity and investor protection, while systems such as EDGAR will remain operational. #regulation link
๐ฐ Ripple co-founder and venture capitalist Tim Draper is launching the cryptocurrency PAC "Grow California," aiming to raise $40 million for the upcoming midterm elections. link
๐ธ Dragonfly partner Haseeb rejected OKX CEO Starโs claim that the 10/10 crash was caused by Binance and Ethena. He stated that the timing and isolated USDe dislocation do not support this assertion. Haseeb argued that no new evidence was presented and attributed the crash to tariff-driven panic, Binance API outages, forced liquidations, ADLs, and the lack of stabilizing mechanisms in crypto markets. #tradewars link
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๐ฃ Lawrence Lepard states that Bitcoin is โinevitableโ and that โeverybody needs it and they donโt understand it, but theyโre gonna come to understand it.โ He criticizes the governmental system, saying, โWeโve got a broken governmental system, where the government can spend money to buy votes.โ He advises, โBuy Bitcoin and just live your life.โ link
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๐ Solana ecosystem DeFi platform Step Finance reported that some treasury and fee wallets were compromised and are under investigation. On-chain data indicates that approximately 261,854 SOL was unstaked and transferred, valued at around $30 million at the time. link
๐ต According to Etherscan, Tether minted about 192K XAUt on Ethereum today, worth around $946 million. This amount is equivalent to about 6 metric tons of physical gold. link
๐ According to Arkham data, Heka, a core quantitative and systematic trading fund under Abraxas Capital, transferred 2,000 $BTC to Kraken around two hours ago. Heka focuses on major crypto assets such as $BTC and $ETH and related derivatives. link
๐ง According to monitoring, Binance founder CZ unfollowed Solana co-founder Toly at 15:03 UTC+8 on January 31. Earlier that day, at 10:27 UTC+8, Toly reposted an article in which the OKX founder criticized Binance. Some community members had suggested that Binance should treat all ecosystems equally rather than primarily prioritizing BNB Chain.