Lookonchain APP

App Store
Feeds Articles

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.
Add to Favorites Download image Share x Copy link
Relevant content

Spark Q1 Protocol Total Revenue $33 Million, Up 10% Year-Over-Year

**Spark Protocol Updates on Revenue Metrics** On March 20, Spark announced via Twitter that its protocol currently generates roughly $10 million in monthly protocol revenue. For Q1 2026, total protocol revenue reached $33 million—representing a ~10% year-over-year increase from Q1 2025. Key revenue drivers include the Spark Liquidity Layer (SLL), SparkLend, and Market Curation. The full Q1 2026 financial report is set to be released imminently.

14 minutes ago

Federal Reserve Governor Waller: Does Not See Need to Consider Hiking Interest Rates

March 20 — Federal Reserve Governor Christopher Waller said Wednesday that if oil prices remain elevated for several months, they will eventually feed into core inflation. Exercising caution now does not mean remaining inactive for the rest of the year, he added. Waller noted he does not see a need to consider rate hikes at this point. Should labor markets weaken, he will advocate for rate cuts later this year, though he wants to assess conditions before making a decision. (FXStreet)

14 minutes ago

UBS Predicts S&P 500 Index Will Skyrocket to 7700 Points

On March 20, UBS remains bullish on U.S. equities, forecasting the S&P 500 Index will hit 7,300 by mid-2026 and 7,700 by year-end, per Bloomberg Terminal data. The firm cites three key drivers for the upward trend: strong profit growth, expected Federal Reserve rate cuts, and AI-driven economic expansion. UBS projects 11% profit growth for 2026. Geopolitical risks are viewed as temporary, and the bank expects the energy market to stabilize. While ongoing volatility could pressure stocks, historical trends show markets typically rebound after such events. Despite recent market turbulence, UBS maintains an optimistic overall outlook for U.S. stocks.

14 minutes ago

Ripple and Its Cofounders Each Donate $5 Million to Fight California Wealth Tax

On March 20, TheStreet reported that Ripple and its co-founder/executive chairman Chris Larsen each donated $5 million to the political action committee (PAC) Golden State Promise to fight California’s proposed “2026 Billionaire Tax Act.” The measure would force billionaires living in California as of January 1, 2026, to pay a one-time 5% wealth tax—with 90% of the proceeds earmarked for public healthcare. Kraken co-founder Jesse Powell slammed the proposal as a “5% theft on unrealized gains.” In response, several billionaires (including Google co-founders Larry Page, Sergey Brin, and venture capitalist Peter Thiel) have chosen to leave the state.

14 minutes ago

AlphaTON Capital has acquired a 60% stake in GAMEE for a maximum of $11 million in transaction value

**March 20th — AlphaTON Capital, the Nasdaq-listed firm under TON Finance, has finalized an agreement to acquire a 60% stake in gaming platform GAMEE for up to $11 million in total consideration, including a performance-linked additional payment over a two-year period.** GAMEE is a wholly owned subsidiary of Animoca Brands, with the platform valued at $18 million in the transaction. Under the deal terms: - AlphaTON Capital will assume day-to-day operational management of GAMEE; - The two parties will form a formal strategic alliance; - Animoca Brands is barred from acquiring a stake in AlphaTON Capital for two years. (Source: GlobeNewswire)

14 minutes ago

Federal Reserve Governor Bowman: Still Expects Three Rate Cuts by 2026

March 20 — Federal Reserve Governor Michelle Bowman said Wednesday she still expects three interest rate cuts by 2026. (Xinhua)

14 minutes ago

Hot feeds

A trader profits $448K by monitoring #Binance's new listings!

2024.12.13 17:37:29

A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.

2025.01.05 16:05:18

When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.

2026.01.31 18:37:29

Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.

2024.12.14 10:35:27

A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!

2024.12.03 23:09:08

 More

Hot Articles

Follow us

X

Follow

Telegram

Join