The U.S. Senate Banking Committee Advances the "Financial Transparency and Regulatory Compliance Act"

February 9 — French police have arrested six suspects, including a minor, in a cryptocurrency robbery case, per Decrypt. The group is accused of kidnapping a 35-year-old female judge and her 67-year-old mother, demanding a cryptocurrency ransom. The abduction occurred between Wednesday and Thursday night last week. Suspects sent ransom messages and photos to the victims’ partner, threatening harm to the pair if payment was not made promptly. A neighbor intervened after hearing commotion, helping both victims escape safely.

**February 9 –** In 2021, former OpenAI executive Dario Amodei co-founded AI startup Anthropic, directly competing with ChatGPT. The following April (2022), FTX—led by Sam Bankman-Fried (SBF)—announced it was leading Anthropic’s $5.8 billion funding round, contributing $5 billion. At the time, Anthropic was valued at roughly $25 billion, giving FTX an ~13.56% equity stake. Later, FTX’s share was diluted to around 8%—a move SBF funded using client money, aligning with his long-termist views on AI risk. The 2022 bear market delivered the final blow to FTX, triggering its November collapse and bankruptcy. SBF was arrested and later sentenced to 25 years in prison. Fast-forward to 2024: FTX’s bankruptcy team secured court approval to sell its Anthropic shares to repay creditors. Initially, two-thirds of the stake sold to buyers including the Abu Dhabi Sovereign Wealth Fund, netting ~$8.84 billion. After full liquidation, FTX recouped a total of ~$13–14 billion from its Anthropic i

**Crypto Collapse: Chinese Vet Eryi Hua Loses $700M in a Week, Dumps 440k ETH – Tencent Finance** A Feb. 9 article from Tencent Finance’s "DeepTech" reports that Chinese crypto veteran Eryi Hua—targeted in the latest market plunge—lost $700 million in just one week. Initially, he considered holding on: In the first four days of February, he sold only ~190,000 Ethereum (ETH) and paused selling on Feb. 5, still holding 460,000 ETH. On Feb. 4, he posted, "I’m bullish on this bull market—now’s the best time to buy spot." Three days later, he abandoned that stance. On Feb. 6, he reportedly decided to stop resisting, dumping his remaining 440,000 ETH in one go—nearly 60,000 of which sold between 9pm and midnight that night. Eyewitnesses said he was spotted near Hong Kong’s Causeway Bay on Feb. 6, staying until ~10pm with no unusual behavior, while his team executed accelerated liquidations. Sources add a Hong Kong-based fund began bottom-fishing on Feb. 6 (exact size unknown). Mo

On February 9, data from Coinbob Popular Address Monitor reveals that the on-chain HYPE whale holding the largest long position—identified as "Hyperliquid early contributor Loracle"—has netted approximately $11.5 million in profit over the past week. The strategy driving these gains combines **continuous HYPE longs** with **intraday swing trades of BTC and ETH**. In less than a month, the account’s balance has surged from under $7 million to roughly $41.1 million (a nearly 6x increase), with only one large $7.44 million capital inflow during this period. ### Key Details: - **Current Positions**: The address is both the largest HYPE long and largest BTC short on Hyperliquid. Its playbook: long-term HYPE holdings + swing trading BTC/ETH. - **Recent Trades**: Last weekend, 4 swing trades in 2 days: 1. $6.37 million profit from BTC/ETH shorts; 2. Reversed to longs, adding $3.82 million more gains. Overnight and this morning, it opened new BTC/ETH shorts to continue th

Feb 9: TheDataNerd’s monitoring shows a newly created wallet withdrew 10 million USDC from Coinbase this morning to accumulate WLFI, purchasing a total of 74.5 million tokens equivalent to approximately $8.45 million.