U.S. CFTC Acting Chairman: Enforcement Division Restructured, Refocused on Combating Fraud

March 12: A newly created crypto wallet withdrew 200,000 SOL (worth approximately $17.2 million) from Binance in the past hour, per Onchain Lens monitoring.

March 12 — Binance said in an official social media post last week that the U.S. District Courts for the Southern District of New York and Northern District of Alabama have dismissed separate anti-terrorism lawsuits filed by hundreds of plaintiffs against Binance and its founder CZ (Zhao Changpeng). The courts reaffirmed the legal standards required to bring such serious allegations. Binance also retweeted a public statement from the Democratic side of the U.S. House Committee on Foreign Affairs. That statement had previously noted Binance’s 2023 acknowledgment of violating Iran sanctions, its facing of money laundering charges, and former President Trump’s pardon of Zhao Changpeng. In its own statement, Binance emphasized it will continue to comply with sanction enforcement laws and looks forward to working with both political parties.

March 12 — Per monitoring from HyperInsight (Telegram: @HyperInsight), the crypto whale known as "Big Brother Whale" partially closed its ETH long position amid the recent market rebound, cutting its holdings by 118 ETH total. The whale still maintains a 5,850 ETH long position with 25x leverage, currently valued at $11.97 million. Key details: - Unrealized profit: $176,000 - Entry price: $2,016 - Liquidation price: $1,963

March 12 — Per HyperInsight monitoring (via the Telegram channel @HyperInsight), over the past 30 minutes, as BTC briefly surged above $70,000, the whale address starting with 0xcbd has continued to unwind its 40x-leveraged BTC short position—while also adding roughly 23.3 BTC (valued at ~$1.6 million) to its holdings. After this latest adjustment, the address’s total position size now stands at $3.12 million, with an average entry price of $69,556. The position, opened 3 hours ago, currently holds a floating loss of 16%. Additionally, the address has placed take-profit orders in the $69,200–$69,450 range, planning to close its position in batches within that price band. Its current liquidation price is set at $70,637.

On March 12, per official data, SKY’s stablecoin USDS hit a new all-time high, with its total supply reaching approximately $11.2 billion.

March 12 — Per LookOnChain data, a new address beginning with 0xfDe8 has withdrawn 11,629 ETH (valued at $23.71 million) from Binance over the past two days. Earlier, whale address 0x8E34 similarly withdrew 63,324 ETH (worth $131.2 million) from Kraken in the past two days.