Lookonchain APP

App Store

Singapore's largest money laundering case suspect Wang Shuiming may be extradited to China, with his accomplice being the mastermind behind the Hong Kong crypto platform scam AAX.

2025.03.04 00:16:16

On March 4th, as reported by NetEase's PingWest Team, Wang Shuiming, who is from Anxi, Fujian and was involved in Singapore's largest money laundering case, has been arrested in Montenegro and is set to be extradited back to China. Wang Shuiming's partner, Su Weiyi, has been confirmed to be the mastermind behind the Hong Kong cryptocurrency exchange scam AAX and was apprehended by the Hong Kong police in July 2024. In November 2022, the Atom Asset Exchange suddenly suspended withdrawals and subsequently shut down, with Su Weiyi absconding with 16.74 million Hong Kong dollars (approximately 15.675 million yuan) in funds. In July 2024, Su Weiyi was arrested by the Hong Kong police. It is worth noting that Su Weiyi, along with other partners, owns other companies that have connections to convicted Filipino-Chinese former mayor Alice Guo.
Relevant content

U.S. Treasury Secretary: 50 Days of Inflation Could Buy 50 Years of No Iranian Nukes

March 22 (NBC News) — U.S. Treasury Secretary Bennett defended U.S. and Israeli strikes on Iranian infrastructure Wednesday, telling reporters, “Sometimes you have to escalate to de-escalate.” The remarks followed former President Trump’s ultimatum that Iran open the Strait of Hormuz within 48 hours or face destruction of its power plants. Bennett said that kind of tough messaging is “the only language Iranians understand.” He also highlighted Khark Island, a critical hub for Iran’s oil production, noting “all options are on the table” — including deploying U.S. forces to seize control of the island. Bennett added the American public would endure temporary price hikes (roughly 50 days, he emphasized as a “rough example”) before prices stabilize. In return, he claimed, the U.S. would secure “50 years of peace” with a nuclear-free Iran. “Thanks to President Trump, the American people are starting to grasp a simple truth: no security, no prosperity,” he said. When pressed if p

8 hours ago

SIREN Whale Holds 66.5% of Supply, Worth $1.04 Billion

March 22 — Per HTX market data, SIREN has surged 26x over the past month and a half, climbing from $0.08 to roughly $2.1 as of now. Following the sharp rally, EmberCN monitoring shows a SIREN whale has consolidated 66.5% of the token’s total supply into 48 wallets from hundreds of addresses in the past few hours. The holding totals 484.6 million SIREN tokens, worth approximately $1.04 billion. This whale accumulated the tokens by the end of June 2025 via hundreds of wallets at an average price of around $0.045, spending roughly $21.8 million. The position now has a 47x return, valued at $1.04 billion.

8 hours ago

Iran Proposes 4 Measures in Response to Trump's Threat

March 22 – Iranian media reported Thursday that Iran’s Islamic Revolutionary Guard Corps (IRGC) has stated it will immediately take four actions if former U.S. President Donald Trump’s threat to attack Iranian power plants is executed. The planned responses include: 1. Full closure of the Strait of Hormuz 2. Targeting all power plants, energy facilities, and information technology sites in Israel 3. Complete destruction of all U.S.-owned companies operating in the Middle East 4. Striking power plants in Middle Eastern countries that host U.S. military bases (Source: Xinhua News Agency)

8 hours ago

Abraxas Capital has started closing out its gold short position to take profit, with a profit of approximately $2.67 million

March 22: Abraxas Capital began closing out its gold short position two hours ago to lock in profits, per TheDataNerd’s monitoring, with current gains from the trade totaling around $2.67 million.

8 hours ago

Iran hopes to "cash out" on the Hormuz and says Trump's refusal is tantamount to political suicide

**March 22 (CNN) — An Iranian source told CNN on Wednesday that Tehran is advancing efforts to "monetize control over the Strait of Hormuz."** **Tehran controls who may transit the strategic waterway and under what terms, the source stated, adding: "We will continue to push back against Israel and establish a new legal framework for the Strait of Hormuz."** **The source noted this appears to reference reports that each oil tanker would need to pay approximately $2 million to transit the strait.** **The source also argued Trump should "accept Iran’s proposed terms to end the conflict" or risk political suicide. Trump faces domestic U.S. pressure and sustained global oil price hikes, the source said, and should quickly extricate himself from the trap set by Netanyahu and accept Iran’s terms. Failing to make the necessary concessions could leave him on an endless path of brinkmanship, even endangering his entire political career.**

8 hours ago

Iran Threat to Completely Close Strait of Hormuz Reduces Probability of Navigation Resumption Before April to Only 31%

8 hours ago