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$15 Billion Changes Hands: How Was the So-Called Decentralized BTC "Seized" by the US Government?
$15 Billion Changes Hands: How Was the So-Called Decentralized BTC "Seized" by the US Government?

With the transfer of 127,271 BTC, the United States has become the world's largest sovereign holder of bitcoin.

BlockBeats·2025/10/17 02:27
Betting on the real world: What kind of business are these 8 prediction markets doing?
Betting on the real world: What kind of business are these 8 prediction markets doing?

Which new-generation projects are attempting to break away from the old path of "speculative games"?

BlockBeats·2025/10/17 02:26
$15 billion worth of BTC changes hands: The U.S. Department of Justice takes down Cambodia's Prince Group, becoming the world's largest BTC whale
$15 billion worth of BTC changes hands: The U.S. Department of Justice takes down Cambodia's Prince Group, becoming the world's largest BTC whale

On October 14, the U.S. Department of Justice announced criminal charges against Chen Zhi, founder of Cambodia's Prince Group, and successfully seized 127,271 BTC under his control, with a market value of approximately $15 billion. This event marks not only the largest judicial seizure of virtual assets in history, but also a public demonstration of state power directly exercising control over on-chain assets.

Chaincatcher·2025/10/17 02:25
TACO trading reappears: When Trump's "game of chicken" becomes a deadly swing in the crypto market
TACO trading reappears: When Trump's "game of chicken" becomes a deadly swing in the crypto market

What drives the market is not only cold economic data, but also greed, fear, and the unpredictable nature of human behavior.

Bitget Wallet·2025/10/17 02:25
When Nations Begin Seizing Bitcoin: The Confiscation of 127,271 BTC Marks the Dawn of the ‘On-Chain Sovereignty Era’
When Nations Begin Seizing Bitcoin: The Confiscation of 127,271 BTC Marks the Dawn of the ‘On-Chain Sovereignty Era’

The U.S. Department of Justice has seized 127,271 BTC controlled by Chen Zhi, the founder of Cambodia's Prince Group, with a market value of approximately $15 billion, making it the largest judicial seizure of Bitcoin in the world. The case involves fraud, money laundering, and hacking, demonstrating the state's judicial control over on-chain assets. Summary generated by Mars AI. This summary is produced by the Mars AI model, and its accuracy and completeness are still being iteratively improved.

MarsBit·2025/10/17 02:24
Flash
  • 03:42
    Bitget has launched USDT-margined ZEC perpetual contracts with leverage ranging from 1x to 25x.
    BlockBeats News, October 17, according to the official announcement, Bitget has launched USDT-margined ZEC perpetual contracts with a leverage range of 1-25x. Contract trading BOT will be opened simultaneously.
  • 03:42
    BTC long position opened by WLFI advisor ogle nearly liquidated, principal down to only $90,000
    BlockBeats News, on October 17, according to HyperInsight monitoring, WLFI advisor ogle (0x70F) established a 140 BTC long position four days ago, which was stopped out and closed at 11:00 PM yesterday (UTC+8), resulting in an actual loss of $890,000. The weekly loss further expanded to $2.65 million, and the current account balance of this address is now less than $90,000. It is noteworthy that the average opening price of this BTC position was $115,400, and the liquidation price was $109,700; if the stop loss had not been triggered in time, this position would have already been forcibly liquidated. Previous reports indicated that during the earlier "1011" incident, the ASTER and AVAX long positions at this address had also been liquidated.
  • 03:42
    Uniswap Web App Adds Support for Solana Network
    BlockBeats News, October 17, according to official sources, the Uniswap Web App has added support for the Solana network, with token swaps powered by Jupiter. In the future, cross-chain, cross-chain swaps, and Uniswap Wallet support will be expanded.
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