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Tokyo police arrest Prince Group exec in $15B Bitcoin scam probe

Market News
22 Jun 2026
Crypto Briefing
View Source
Bearish
pluang ai news

Tokyo police arrested Hu Xiaowei, a senior executive of the Prince Group, on false residency charges linked to one of the largest crypto frauds ever uncovered. The Prince Group is accused of running a massive $15 billion Bitcoin scam involving forced-labor "pig butchering" schemes that defraud investors worldwide. This arrest follows international efforts by the US, UK, China, and Japan to dismantle the group, which also involved seizing over 127,000 Bitcoin and freezing assets worth millions. The case highlights growing global cooperation to combat large-scale crypto fraud and protect investors from sophisticated scams.

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Ireland's Criminal Assets Bureau moves $38M in Bitcoin linked to drug dealer's lost fishing rod.

Ireland's Criminal Assets Bureau moves $38M in Bitcoin linked to drug dealer's lost fishing rod.

Ireland's Criminal Assets Bureau (CAB) transferred 500 BTC worth $38 million from a decade-old wallet tied to cannabis dealer Clifton Collins. This marks the fourth known recovery from Collins' Bitcoin stash, totaling 2,000 BTC valued at $155 million...

Market News
Neutral
4 hours ago
US files civil case targeting 225M USDT stablecoins in major crypto forfeiture action

US files civil case targeting 225M USDT stablecoins in major crypto forfeiture action

The United States government has filed a civil forfeiture case against approximately 225.36 million USDT, a stablecoin pegged to the U.S. dollar issued by Tether. This legal action names the stablecoins themselves as the defendant property, a method ...

Market News
Bearish
4 hours ago
Aptos upgrades USDC transfers with Circle's CCTP V2 for instant, automated transactions.

Aptos upgrades USDC transfers with Circle's CCTP V2 for instant, automated transactions.

Aptos has integrated Circle's Cross-Chain Transfer Protocol V2 (CCTP V2), enabling USDC transfers to settle in seconds instead of minutes. This upgrade connects Aptos to nine other blockchains and uses a burn-and-mint system to issue native USDC dire...

Protocol Fundamentals
Neutral
4 hours ago
Uber stays bullish with growth and global moves despite autonomous tech risks and recent stock dip

Uber stays bullish with growth and global moves despite autonomous tech risks and recent stock dip

Uber Technologies maintains a Buy rating amid stock volatility, driven by strong core business and strategic investments. The company is tackling autonomous vehicle risks by investing $10 billion and planning to integrate 120,000 AVs. Uber's global e...

Market News
Bullish
4 hours ago
XRP falls 5% to $1.38 after Fed's Warsh warns of persistent inflation, sparking rate hike fears.

XRP falls 5% to $1.38 after Fed's Warsh warns of persistent inflation, sparking rate hike fears.

XRP dropped about 5% to $1.38 following Federal Reserve Chair Kevin Warsh's remarks at Jackson Hole, highlighting that 54% of inflation components rose over 3% in the past year. This fueled speculation of a possible rate hike at the September Fed mee...

Market News
Bearish
4 hours ago
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