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U.S. Senator Warren requests the U.S. Securities and Exchange Commission (SEC) to investigate the cryptocurrency company of President Trump's family.

According to the official announcement, the digital asset trading platform Websea has reached an investment intention with a strategic investor and will officially open withdrawals on May 18 at 16:00 (UTC+8), while also announcing specific withdrawal arrangements.It is reported that this strategic investment comes from a family fund in the Middle East. Both parties have conducted multiple rounds of in-depth communication on core issues such as the platform's asset status, business structure optimization, recovery path design, and long-term development planning, ultimately reaching a consensus for cooperation. Currently, the investor is advancing the capital injection process according to procedures, while simultaneously carrying out final confirmation work such as legal review, agreement signing, and equity arrangements.Websea CMO Herbert R. Sim stated that Websea has gone through an exceptionally difficult time, but in the face of many doubts from the industry, the platform team members have been working silently and have finally welcomed new life. He believes that this test is both a challenge and an opportunity for the platform. He also mentioned that with the entry of the investor, the platform will publish proof of reserves (Proof of Reserves, POR) and conduct regular disclosures to further enhance user asset transparency and market confidence. The platform will also continue to optimize its product structure and ecological mechanisms to promote long-term stable development.

According to Jinshi reports, Federal Reserve's Goolsbee stated that if households expect future income to grow and anticipate wealth gains from higher productivity, they may increase spending, thereby driving up inflation.

According to a Reuters investigation, Iran's largest cryptocurrency exchange, Nobitex, was founded by members of the Kharrazi family, who have close ties to Iran's supreme leadership. The investigation revealed that the exchange was created by brothers Ali and Mohammad Kharrazi, who previously used the surname "Aghamir" to conceal their connection to the Kharrazi family, which has long been closely linked to the core of Iranian politics, including historical ties to Ali Khamenei and his successors.The report noted that Nobitex currently serves over 11 million users, dominates the Iranian crypto market, and continues to operate during conflicts between Iran and the United States and Israel, processing transactions even amid nationwide internet outages. Analysts stated that its trading volume during wartime exceeded $100 million, with significant amounts of funds flowing overseas.Additionally, several on-chain analysis firms pointed out that the platform had processed transactions related to sanctioned entities, with estimated volumes ranging from $22 million to $366 million. Other data indicated that wallets associated with the Central Bank of Iran transferred hundreds of millions of dollars in crypto assets to Nobitex in 2025, believed to be used to evade financial sanctions. Nobitex, however, denied any connection to the government and stated that illegal transactions account for only a small portion of its overall business.

According to the Financial Times, Donald Trump Jr. and Eric Trump merged with a key mineral group in Kazakhstan through a shell company, which received up to $1.6 billion in support from the U.S. government last year for the development of a tungsten mine project.The tungsten mine project involves the Katpar and Upper Kairakty deposits in northern Kazakhstan, with financing previously provided by institutions such as the Export-Import Bank of the United States. Trump's sons joined the advisory board of the relevant company and hold shares by the end of 2024. The report suggests that this is another case of the Trump family's business empire being linked to U.S. government interests.

The U.S. Air Force has agreed to purchase a batch of interceptor drones from a company supported by President Trump's son, with the quantity unspecified. As the U.S.-Iran war enters its third month, this move deepens the connection between the U.S. military and defense contractors associated with the Trump family.Velikovich, co-founder of Powerus, stated that the company will sell these drones to the Pentagon after a demonstration in Arizona, marking Powerus's first contract to sell such weapons to the U.S. military. The company declined to disclose the terms or scale, but the military often engages in such transactions when evaluating new weapon systems. This move aligns with the U.S. strategy of using inexpensive interceptor drones to counter Iranian attack drones rather than relying on expensive missiles. Reports indicate that the U.S. military has deployed 10,000 AI-equipped Merops interceptor drones developed in Ukraine to the Middle East.

According to Fortune magazine, the publicly traded cryptocurrency company AI Financial (formerly Alt5 Sigma), linked to U.S. President Donald Trump's family, reached a $43 million deal last week to acquire the cryptocurrency infrastructure company Block Street.Company records show that Block Street was registered in Nevada only in late October. Matthew Morgan, an advisor to AI Financial and also the CEO and largest shareholder of Block Street, stated that he founded the company about 16 months ago. Morgan indicated that the acquisition of Block Street was not a self-dealing transaction.

According to China News Weekly, a 19-year-old female college student from Guangdong was recently invited to Thailand to participate in the Water Splashing Festival. After landing, she was controlled and is suspected to have been sold to a Myanmar telecom fraud park near the Three Pagodas area on the Thailand-Myanmar border.Her family stated that the other party claimed to have purchased her for 29,000 U and then demanded a ransom of 30,000 U, equivalent

According to French media reports, on the morning of April 20 local time, a malicious "targeted robbery of crypto assets" occurred in Ploudalmézeau, France: two masked gunmen broke into a residence, controlling and binding a family of five (including two children and two elderly individuals) for several hours, ultimately coercing the victims to transfer approximately 700,000 euros worth of cryptocurrency.The incident took place in a residential community in broad daylight, and the suspects were clearly "well-prepared," having a thorough understanding of the victims' crypto asset holdings. Police initially determined that this case represents a typical new crime model of "offline violence + on-chain transfer," where personal threats are used to forcibly obtain private keys or transfer authorizations.It is noteworthy that the family members of the victims were engaged in work related to the crypto industry, which may have been a significant reason for this targeted crime. The case is still under investigation, and the suspects have not yet been arrested.This incident once again highlights that, against the backdrop of the increasing popularity of crypto assets, "physical world attacks" (such as kidnapping and home invasion) are becoming new security risk points, and personal asset security is no longer limited to on-chain protection.

The U.S. Department of Justice revealed that Carmine Agnello, the grandson of mob boss John Gotti, was sentenced to 15 months in prison for fraudulently obtaining approximately $1.1 million in COVID relief funds and investing part of the money into cryptocurrency ventures.Prosecutors stated that from April 2020 to November 2021, Agnello obtained multiple relief loans from the U.S. Small Business Administration (SBA) through false declarations, falsely claiming they were for the operation of his auto parts and recycling business, while actually diverting the funds for personal use, including approximately $420,000 invested in cryptocurrency-related investments. The U.S. Attorney's Office for the Eastern District of New York indicated that this conduct occurred during the peak of the pandemic, representing a serious abuse of government aid funds. Agnello is expected to report to prison on July 1. Additionally, official data shows that fraud related to U.S. pandemic relief funds is severe, with the Government Accountability Office (GAO) estimating that about $135 billion (approximately 15% of the total) has flowed into fraudulent activities.

The crypto risk rating agency CORE3, founded by Dyma Budorin, CEO of HAI Group, a blockchain security company, officially launched on Thursday and has rated 1,426 crypto projects and 253 exchanges. World Liberty Financial, owned by the Trump family, received a D rating, with a loss probability score of 68.01, ranking among the top 50 highest-risk projects on the platform.CORE3 pointed out that the main risks of the project include: lack of continuous on-chain monitoring, failure to establish a structured bug bounty program, and the centralization issue of insiders holding the majority of tokens. CORE3 aims to promote the security of DeFi protocols and exchanges through a publicly transparent scoring method. Budorin expressed welcome for industry feedback and improvement suggestions on the rating methodology.

According to CoinDesk, American Bitcoin (ABTC), a U.S. Bitcoin company backed by the Trump family, announced that its Bitcoin reserves in the treasury have surpassed 7,000 coins.Since its debut on Nasdaq in September 2025, its BTC holdings have increased by approximately three times. The company reported that the number of Bitcoins represented per share (satoshis per share) has more than doubled, reaching over 660 satoshis per share, making it the 16th largest publicly listed Bitcoin-holding company in the world.

U.S. Senator Elizabeth Warren wrote to Secretary of Commerce Howard Lutnick, requesting information regarding the potential national security risks associated with Bitmain, and expressing concerns about its business dealings with the Trump family.The letter requests the disclosure of communication records between Bitmain and Eric Trump and Donald Trump Jr. Reports indicate that the FBI is conducting an investigation named "Operation Red Sun" to assess whether there are risks of remote control related to the mining equipment. Previously, U.S. regulatory agencies have repeatedly questioned the safety of Bitmain's products. Bitmain responded that the related accusations are untrue, and American Bitcoin Corp stated that its safety tests found no issues.

According to Financefeeds, citing public statements from Eric Trump, the son of U.S. President Donald Trump, the Trump family's three cryptocurrency ventures have generated over $1 billion in total revenue, covering three types of projects: Meme Coin, NFT, and stablecoins.Among them, the Trump Meme Coin, issued in early 2025, contributed approximately $350 million in revenue, primarily from token sales and trading activities, with retail participation and speculative trading as the main driving forces.In terms of the NFT business, the family entered the market and issued a total of four generations of Trump-themed NFTs between 2022 and 2024. The third business is a cryptocurrency platform related to the family, WLFI, which includes governance tokens and the dollar-backed stablecoin USD1, having completed large-scale financing through token sales and partnerships.

Eric Trump, the second son of Trump, announced on the X platform that the Trump family's mining company American Bitcoin has surpassed Galaxy Digital in Bitcoin holdings, becoming the 16th largest publicly traded Bitcoin company in the world.ChainCatcher previously reported that according to monitoring by BitcoinTreasuries.NET, the Trump family-related Bitcoin mining company American Bitcoin Corp has added 399 Bitcoins to its holdings, bringing the total holdings to 6,899 Bitcoins.

According to Bloomberg, many family offices based in Hong Kong plan to increase their allocations to private equity and digital assets over the next three years.The Hong Kong Institute for Monetary and Financial Research (HKIMR) wrote in a report on Tuesday that wealthy families' interest in these assets is expected to rise significantly, which also includes private credit and venture capital.Hong Kong has been striving to encourage more high-net-worth individuals and their families to establish investments locally, aiming to become a bridge between the mainland and global markets. According to a survey commissioned by the Hong Kong government and conducted by Deloitte, the number of single-family offices established in this financial hub increased to 3,384 by the end of last year, a 25% increase from 2023.

The documents show that two directors of the Bitcoin mining company American Bitcoin (ABTC), supported by the Trump family, collectively increased their holdings by approximately 1.63 million shares of the company stock after the earnings report disclosure window reopened. Among them, Justin Mateen purchased about 1.3 million shares at an average price of around $1, while Richard Busch bought about 330,000 shares in the past two days. The company previously announced a net loss of approximately $59 million for the fourth quarter of 2025.Co-founder Eric Trump stated that the company currently holds over 6,500 Bitcoins, an increase of about 500 since the last disclosure, ranking 17th among publicly traded companies in Bitcoin holdings globally. ABTC employs a dual strategy of "mining + direct purchase," with about one-third of its Bitcoins coming from mining and the rest acquired through market purchases and strategic trades. The company also announced the acquisition of 11,298 ASIC miners, which is expected to increase its hash rate by approximately 12%. Currently, Eric Trump and Donald Trump Jr. collectively hold about 20% of the company's shares.

Eric Trump, the second son of Donald Trump, announced on the X platform that the Trump family's mining company, American Bitcoin, has surpassed a holding of 6,500 BTC (an increase of over 500 BTC in the past 21 days). American Bitcoin has become the 17th largest publicly traded Bitcoin company in the world.