According to DB News, the DOJ is cleared to sell 69,370 $BTC($6.58B) confiscated from Silk Road.

According to Lookonchain’s monitoring, a crypto whale purchased 1,162 BTC worth $96.77 million via Wintermute. Over the past 12 hours, five newly created wallets received this asset from Wintermute.

Beating AI News Flash: The viral AI reverse tool REA has been maliciously counterfeited. On October 13, a developer issued a warning in REA’s official GitHub repository, noting that a fake repository had been set up offering a Windows installer suspected of containing a Trojan horse. REA recently surpassed 200,000 GitHub stars, and the fake installer had amassed 172 downloads at the time of reporting. The counterfeiter registered a GitHub repository named `rea-tools/rea`—closely resembling REA’s official website `rea.tools`—and directly copied the official README. They added a "Windows Standalone Version" download entry to the original documentation, providing an 82.6 MB compressed package. The reporter’s scan found that Microsoft Defender flagged both the compressed package and its executable as the Wacatac Trojan, with 8 out of 45 VirusTotal security engines marking it as malicious. Sandbox analysis also uncovered suspicious behaviors in the file, including debugging environment detection and delayed execution. REA’s maintainers then merged a fix pull request (PR) on October 13, adding a download source warning to the official README to remind users to obtain the software via the official GitHub repository, official website, or npm. The reported fake repository is currently inaccessible.

Bitget has now launched a Contract for Difference (CFD) demo account feature. Users can fully experience CFD trading without investing real funds. Upon account creation, users receive a default 10,000 USDT in virtual funds, allowing them to trade all CFD products including forex, precious metals, commodities, and stock indices based on real market conditions to test and optimize their trading strategies. This demo account supports both ECN and zero-fee modes, and is independent of live trading accounts; its risk control mechanisms such as liquidation threshold rates are consistent with those of live accounts. To use this feature, users must register and open a self-operated CFD live trading account, then upgrade the Bitget app to version 2.94.0 or higher. For more product details, please refer to Bitget’s official page.

According to Yu Jing Monitoring, POAP founder @worthalter sold an additional 10,000 ETH (valued at $25.05 million) 20 minutes ago. Since the 5th, he has transferred a total of 18,000 ETH (worth $45.86 million) to Gemini over the past 9 days. His remaining ETH holdings stand at 41,468 ETH, valued at $103.7 million.

Binance announced that the assets under management (AUM) of its bStocks platform has exceeded $888 million. Eligible bStocks stock tokens can now be used in cross-margin leverage accounts and unified margin accounts, expanding collateral options and enhancing capital utilization flexibility. To date, bStocks supports 95 stock tokens as collateral. bStocks is expanding the use cases of its stock tokens beyond asset holding to include collateralization and leveraged trading, helping users and institutions improve capital efficiency and further bridge traditional equity assets with the crypto financial ecosystem. Additionally, starting September 21, bStocks’ collateral and related leveraged trading functions are being extended to regular, VIP 1, and VIP 2 accounts. Previously, these features were only available to VIP 3 and higher-tier users. This adjustment means more users can participate in bStocks’ collateral and leveraged trading activities after meeting requirements such as appropriateness assessments. To enhance asset protection, Binance has introduced additional risk control measures for regular, VIP 1, and VIP 2 accounts. These users must complete an appropriateness assessment questionnaire before using bStocks as collateral or engaging in related leveraged trading.

According to reports from The Paper, the Qian Zhimin case — involving over 40 billion yuan in illegal fundraising and more than 60,000 Bitcoin — has seen new progress in China’s judicial process. On October 13, the Tianjin No.2 Intermediate People’s Court announced that it had accepted on September 28 the application by the Second Branch of the Tianjin Municipal People’s Procuratorate to confiscate illegal gains from suspect Qian Zhimin. Per the court’s released property confiscation list, in addition to Bitcoin, the virtual currencies involved include 72,745.79502 Bitcoin Cash, 72,745.78555 Bitcoin Gold, 72,745.7845 Bitcoin Satoshi Vision, 3,605,989.9995 Ripple, and 70,081,208.62553222 Dogecoin (converted by UK authorities and deposited in an interest-bearing account). Other properties targeted for confiscation include US dollar, euro, and British pound cash, jewelry, bank balances, investment portfolios, and more. The Second Branch of the Tianjin Municipal People’s Procuratorate stated that Qian Zhimin is suspected of illegal fundraising fraud, was placed on a wanted list after fleeing, and has failed to appear in court for over a year. Evidence confirms that more than 61,800 Bitcoin and other assets seized in the UK are illegal gains and their proceeds. The procuratorate requests that these illegal gains, as well as their converted, transformed, and derived properties and proceeds, be recovered and confiscated, with the exception of those legally returned to defrauded fundraising participants.