Whale Withdraws 110 Million Lobsters, USDT Identified as Key Channel for Iran's Shadow Banking

Two wallets suspected to belong to the same whale or institution have withdrawn 110 million lobsters, accounting for 11% of the total supply. The U.S. Department of Justice cites the Bitcoin Fog case to oppose the request for a not guilty verdict for Roman Storm. Russia has registered its first cryptocurrency exchanges and custodians, with Sberbank planning to launch related products on December 1. An investigation by the U.S. Senate indicates that USDT is identified as a key liquidity channel for Iran's shadow banking, with virtual asset service providers in the Gulf region facing higher risks of sanctions. Following the shutdown announcement of Abstract, a newly created address withdrew $1 million to purchase 25 Fat Penguins NFTs. Polygon's official Twitter account seemingly mocked Abstract's shutdown, sparking controversy, while the founder clarified that it was a self-deprecating remark from the marketing team.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.