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

DUSK Surges Above $0.2, Up 33.9% in 24 Hours

January 25th — DUSK has surged above $0.2, currently trading at $0.205, with a 24-hour gain of 33.9% per HTX market data.

29 minutes ago

Santiment: Whale Group Holding Over 1,000 BTC Increases Holdings by 104,000 BTC

On January 25th, crypto analytics firm Santiment posted on X that major Bitcoin whales are ramping up accumulation at a notable clip. Addresses holding 1,000+ BTC have added 104,340 BTC in recent days—an increase of 1.5%. Additionally, the count of large transactions ($1M+) has surged to a two-month high.

29 minutes ago

「Air Force General」 has increased their short position by 105.53 BTC in the last 20 minutes, bringing their total short position to $246 million

January 25 — Per popular address tracker Coinbob (via https://t.me/Coinbob_track_CN), the top Bitcoin short position holder on the Hyperliquid platform—dubbed “Air Force Commander”—added 105.53 BTC to its short position in the past 20 minutes. As of now, the address holds a total short position of $246 million, with the following breakdown: - Bitcoin (40x leverage): Short position = $1.229 billion; Unrealized profit = $232.6 million - Ethereum (25x leverage): Short position = $99.76 million; Unrealized profit = $2.887 million - Solana (20x leverage): Short position = $9.98 million; Unrealized profit = $10.77 thousand - HYPE (10x leverage): Short position = $8.72 million; Unrealized loss = $49.58 thousand - KPEPE (10x leverage): Short position = $4.9 million; Unrealized loss = $4.79 thousand

29 minutes ago

A whale address swapped 120 BTC for 3623 ETH in the past 2 days

January 25th — Per LookOnChain monitoring data, whale wallet 0xeA00 has swapped 120 BTC (valued at roughly $10.68 million) for 3,623 ETH over the past two days.

29 minutes ago

This week, the US Ethereum spot ETF saw a net outflow of $600 million

On January 25th, per monitoring data from Farside Investors, U.S. Ethereum spot ETFs posted a net outflow of $600.7 million this week. The breakdown is as follows: - BlackRock ETHA: -$431.5 million - Fidelity FETH: -$78 million - Bitwise ETHW: -$46.3 million - VanEck ETHV: -$9.9 million - Grayscale ETHE: -$52.8 million - Grayscale Ethereum Trust: +$17.8 million This aligns with U.S. financial news conventions—concise, clear breakdowns, and standard terminology for ETF flows.

29 minutes ago

A whale liquidated 15.94 million PENGUIN tokens to realize gains, reversing their meme trading career with a significant loss per coin

On January 25, LookOnChain monitoring data shows that trader 7fFCzx has fully liquidated his 15.94 million PENGUIN tokens, netting a profit of over $1.7 million. Despite trading over 1,000 distinct meme tokens with a win rate below 15%, seizing the PENGUIN opportunity alone has flipped his P&L—turning a $1.3 million loss into a $433,600 profit.

29 minutes ago