「$10M Profit Whale」 Suspected of Accumulating 6000 ETH in a Transaction, with an Average Price of $1582

On May 22, Bitcoin mining firm MARA Holdings allocated approximately $4.3 million for CEO Fred Thiel’s personal security expenses in the 2025 fiscal year, including $43,078 for vehicle armoring, security guard services, and residential security facilities. Documents submitted to the U.S. Securities and Exchange Commission (SEC) also show MARA set aside roughly $3.9 million for CFO Salman Khan’s security costs, with $43,838 earmarked for vehicle armoring. The increased spending follows a surge in targeted "wrench attacks" against cryptocurrency industry executives and investors. The term refers to coercing victims to surrender private keys or account access through kidnapping, violence, or other forms of coercion. Data indicates 72 confirmed crypto-related extortion events were recorded globally in 2025—a 75% year-over-year increase—with France reporting the highest number at 19 incidents.

On May 22, U.S. Secretary of State Pompeo said, "We’ve made some progress in talks with Iran, but I don’t want to overhype it. We’re not there yet." (FXStreet)

May 22. According to Bitget data, when U.S. stock markets opened that day, the Dow Jones Industrial Average climbed 0.58%, the S&P 500 Index rose 0.41%, and the Nasdaq Composite advanced 0.37%. Futu Holdings (FUTU) plummeted by 34.93%, while Up Fintech Holding Limited (TIGR) plunged 30.82%. Earlier, the China Securities Regulatory Commission (CSRC) issued a statement noting that illegal cross-border business activities carried out by Tiger Brokers (NZ) Limited, Futu Securities International (Hong Kong) Limited, and Chongyang Securities (Hong Kong) Limited violated Chinese securities, fund, and futures laws and regulations, disrupted market order, and required firm enforcement action. Per relevant regulations, the CSRC intends to confiscate all illegal gains from Tiger, Futu, and Chongyang, and impose strict legal penalties against the three firms.

May 22 — A source familiar with the matter told Reuters on Friday that a Qatari negotiating team arrived in Tehran that same day under U.S. coordination to help broker a deal to end the U.S.-Iran war and address unresolved issues. Doha has previously acted as a mediator in the Gaza war and other international crises, but has so far avoided playing a mediating role in the Iran conflict, according to the source, following recent Iranian missile and drone attacks that escalated tensions.

Futu Holdings said on May 22 that the China Securities Regulatory Commission plans to levy a total fine of 18.5 billion yuan (around $2.71 billion) on the firm.

May 22, per HTX market data, ONDO surged past $0.46, currently trading at $0.465, with a more than 15% jump over the past 24 hours. This ONDO rally comes as news of the China Securities Regulatory Commission (CSRC) stepping up its crackdown on illegal cross-border operations by institutions including Tiger Brokers has escalated, with market participants zeroing in on real-world assets (RWA) and concepts like on-chain equities.