PANews reported on November 3rd that, according to Decrypt, South Australian police launched the third phase of "Operation Hammer" over the first weekend of November, arresting 55 people and adding approximately 800 new drug, weapons, and conspiracy charges. The operation was based on information intercepted through the FBI-controlled encrypted communication app AN0M, and the case progressed after the High Court ruled in October that the evidence was admissible. To date, the total amount of encrypted assets seized has reached approximately US$37.9 million. Police stated that the suspects used cryptocurrency for money laundering, and their methods became increasingly sophisticated.PANews reported on November 3rd that, according to Decrypt, South Australian police launched the third phase of "Operation Hammer" over the first weekend of November, arresting 55 people and adding approximately 800 new drug, weapons, and conspiracy charges. The operation was based on information intercepted through the FBI-controlled encrypted communication app AN0M, and the case progressed after the High Court ruled in October that the evidence was admissible. To date, the total amount of encrypted assets seized has reached approximately US$37.9 million. Police stated that the suspects used cryptocurrency for money laundering, and their methods became increasingly sophisticated.
Australian police have arrested 55 more people in connection with the AN0M encrypted communications case, which involves $37.9 million.
2025/11/03 10:52
PANews reported on November 3rd that, according to Decrypt, South Australian police launched the third phase of "Operation Hammer" over the first weekend of November, arresting 55 people and adding approximately 800 new drug, weapons, and conspiracy charges. The operation was based on information intercepted through the FBI-controlled encrypted communication app AN0M, and the case progressed after the High Court ruled in October that the evidence was admissible. To date, the total amount of encrypted assets seized has reached approximately US$37.9 million. Police stated that the suspects used cryptocurrency for money laundering, and their methods became increasingly sophisticated.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights
You May Also Like
Balancer has called on hackers, offering to pay 20% of the stolen assets as a white-hat reward to help them recover their money.
PANews reported on November 3rd that, according to the GoPlus Chinese community, the stolen funds from Balancer have begun to be transferred. Currently, $3,145,675 has been transferred from 0xaa760d53541d8390074c61defeaba314675b8e3f and 0x872757006b6f2fd65244c0a2a5fdd1f70a7780f4 to 0xf19fd5c683a958ce9210948858b80d433f6bfae2. Balancer has also announced on the blockchain that it is willing to pay 20% of the stolen assets as a white-hat reward to help recover the assets, valid for 48 hours. Previous reports indicated that Balancer's losses from the attack had risen to $116.6 million .
Share
PANews2025/11/03 17:41
Balancer's losses from the attack have risen to $116.6 million.
PANews reported on November 3rd that, according to Lookonchain monitoring, the losses from the attack on the DeFi protocol Balancer have increased to $116.6 million. Previous reports indicated that the attack involved the transfer of assets across multiple chains, including various tokens such as WETH, Staked ETH, and wstETH. The incident is still ongoing, and further details are pending.
Share
PANews2025/11/03 16:54
Wormhole token soars following tokenomics overhaul, W reserve launch
Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more
Share
Coinstats2025/09/18 02:41