A former Chinese government employee, Wang Moumou, was sentenced to life imprisonment for selling state secrets to foreign intelligence agencies in exchange for cryptocurrency payments totaling approximately $138,000. Wang, facing financial difficulties due to crypto trading losses, sought extra income which led to his recruitment by a foreign agent. In a separate case, Delhi Police arrested a suspect linked to a $235 million hack of the Indian exchange WazirX, involving a fake account created to breach the platform. Police claim that WazirX's oversight contributed to the attack costing nearly 45% of its assets. In South Korea, police apprehended over 200 individuals related to South Korea's largest crypto investment fraud, with a notable YouTuber, referred to as Mr. A, leading the venture that defrauded investors of around $230 million. Lastly, Thai police seized 286 crypto mining rigs involved in power theft, highlighting the increasing enforcement against illegal mining activities in the region, especially since China's 2021 mining ban.

Source 🔗