Cryptocurrency lending platform BlockFills suspends customer withdrawals

Fantasy.top founder denies "soft Rug Pull" allegations, states investor funds were not used

Fantasy.top faces accusations from angel investors, claiming the team went silent and refused to refund $50,000, sparking "soft Rug Pull" allegations. Founder Travis Bickle countered that the company operates based on product revenue and has not used investors' funds. Several well-known investors also reported experiencing similar situations.

YZi Labs requests CEA Industries to respond to operational issues and terminate the 20-year asset management agreement with 10X Capital

YZi Labs stated on March 11th that CEA Industries is facing an operational crisis, lacking a key management team and infrastructure, with board oversight failing. YZi Labs demands the board publicly respond and investigate director Hans Thomas, while also terminating the agreement with 10X Capital Asset Management.

The U.S. Department of Justice investigates Iran for circumventing sanctions through a major global CEX, involving over $1 billion in suspicious funds.

Gate News reports that on March 11, the U.S. Department of Justice is investigating how Iran is using a major global cryptocurrency exchange to circumvent U.S. sanctions. According to company documents and informed sources, an internal investigation into suspicious fund flows exceeding $1 billion was previously halted. These funds were channeled through the platform to a network that provides funding to Iran-backed terrorist organizations (including the Houthi rebels in Yemen). The investigation focuses on the movement of these funds on the platform and the associated compliance risks.

A certain CEX violates anti-money laundering regulations and faces suspension of new customer services.

The Korea Financial Intelligence Unit has imposed sanctions on a certain cryptocurrency exchange for allowing users to transfer funds to unregistered overseas platforms and failing to implement KYC procedures, potentially facing a 6-month suspension of new customer services. The exchange previously lost $40 billion worth of Bitcoin due to operational errors and is now also under investigation for advertising regulation violations.

Hunan Financial Office confirms that Yuzhi Financial has completely run away, and police across various regions have opened channels for rights protection registration.

Gate News Announcement, March 10th, Hunan Financial Office confirmed that Yuzhi Financial Co., Ltd., under the name of "Virtual Asset Copy Trading," has completely "run away." Currently, police in various regions have opened channels for rights protection registration, and affected users can register through official channels.

Cryptocurrency project Aethir spreads negative news, with the marketing director accused of having sought women for Epstein.

Gate News reports that on March 10, the crypto community announced that Aethir's marketing director Masha Prusso was accused of having sourced women for Epstein. Meanwhile, community insiders revealed that Aethir has recently undergone large-scale layoffs, with several co-founders and executives leaving one after another, suspected of soft Rug pulling. It is also reported that Masha Prusso's personal website has been taken down recently.