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The Celebrity Celebrity Memories Factory is rumored
It is rumored that the mysterious micoin factory in Churchn was behind a wave of mechanical fraud, claiming to be called dozens of symbols per month. Brazilian football legend Ronaldinho Gacho has swept the controversy on Chinese social media.
On March 3, Ronaldinho announced the launch of his Memecoin on the BNB series. Within hours, it increased to a maximum of the market of $ 30 million, only to a decrease to about $ 3.7 million, according to what it said. Coingecko data.
User X is now possible, @r10coin_He claimed that he had made a $ 6 million deal with Ronaldinho to promote the distinctive symbol, and paid him 3 million dollars in advance. However, the X user then claimed that Ronaldinho had signed another symbolic deal and that the football player’s account was sold to a company headquartered.
It is rumored that Shenzhen, whose name has not been operating, is likely like the fraud process, and the marketing of celebrities is strongly supported to attract investors, pump the price, then exchange before the disappearance. These unreasonable accusations, despite speculation, ignited the discussions through Chinese encryption communities about the presence of organized mechanical factories designed for reassuring investors.
A legal expert from Man Kun Law Firm weighs in this regard through WeChat Post on March 4. The lawyer stated that if these “symbolic factories” are really present, they will constitute an explicit fraud and an example of the textbook to withdraw the rug. According to the lawyer, marketing is fully dependent on deception – using the famous names to create noise, play in people’s fantasies of wealth overnight, and eventually take advantage of the manipulation of the artificial price rather than developing a real blockchain project.
Despite all these allegations, the project itself has not been abandoned, although its value has often evaporated. On March 6, the Ronaldinho Memecoin team announced that the distinctive symbol will be Expanding to Solana BlockchainIts future plans multiply instead of running out of the distinctive symbol. Meanwhile, the X account that caused accusations against Ronaldinho and the supposed Shenzhen factory, @r10coin_, was banned from a platform for violating the site policies.
Not all bitcoin buyers included in Hong Kong
Another company listed in Hong Kong buy Bitcoin-but not very excited. Yuxing Infutech Investment Holdings (HKEX: 8005) accumulated quietly in BTC in the second half of 2024, just to start selling after only months.
according to Disclosure It was presented to the Hong Kong Stock Exchange, and Yuxing bought 78.2 Bitcoin between July 25, 2024 and December 31, 2024, at an average of $ 80,960 per BTC, up to a total of $ 6.3 million. But by early 2025, the company was It has already started reducing its holdings. Between January 22, 2025 and 5 March 2025, Yuxing 50 BTC sold at an average price of $ 89.194 per currency, generating $ 4.5 million. The company also dropped $ 3.3 million for $ 3.3 million.
Yuxing did not explain a long -term strategy regarding Bitcoin. While the company has allocated the capital in BTC in 2024, it chose to reduce its property within months, indicating that it may consider bitcoin as a short -term investment instead of the cabinet assets. Sales at $ 89,194 per BTC indicate that Yuxing has turned a profit, although the company has not provided details.
Yuxing is not a stranger among Asian companies. In December 2024, the Chinese Selfie app liquidated Bitcoin and Ethereum Holdings as a whole, with about $ 80 million of profits after three years of accumulation.
Meitu was once called “Microstrategy of ASIA”, being one of the first companies to adopt the aggressive bitcoin accumulation strategy and its strategy and its CEO Michael Sailor. This address has since turned into the Japanese investment company Metaplanet, which is now closed in Boya Interactive in Hong Kong, the largest general bitcoin holder in Asia with 3,183 BTC.
On March 5, 2025, Metaplanet increased its shares to 2888 BTC after purchasing 497 Bitcoins.
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A telegram at the intersection in Singapore, such as increased encryption crimes and AI
Singapore raises concerns about the role of Telegram in fraud, with the Minister of State for Home Affairs Sun Xueling, a warning that the concentration of the correspondence platform on not disclosing his identity has made it attractive to fraud and other criminal activities. The authorities are closely monitoring the platform after the number of frauds associated with telegram has doubled in almost 2024.
“One platform we feel particularly concerned is Telegram, which has given priority for a long time, and until it is proud of it, the lack of disclosure of its identity that it provides to its users. This is exploited by the lack of disclosure of its identity by the fraudsters and other criminals,” He said In a letter on March 4.
Fraud tactics also develop. With more strict security measures of banking transactions, fraudsters have increased into an encrypted currency, as it is difficult to track money and recovery. Jetting of coding operations constituted nearly a quarter of all fraud losses in Singapore in 2024, an increase of less than 10 % in the previous year. The largest individual fraud of this year-which amounts to $ 125 million-was a software attack on a coded currency portfolio. While Singapore licensed some providers of the distinguished code for digital payment, Sun noted that many foreign encryption exchanges and portfolio providers are still not undergoing regulation, and without access to local law enforcement.
The authorities also warn against the rise of fraud that is driven by artificial intelligence, making fraud more difficult to discover it.
“The days when we can easily discover a call or email, through heavy foreign dialects or bad English. Today, fraudsters use artificial intelligence and information about us online, among other capabilities, to make themselves more believe and escape from easy detection.”
Budgets now use the sounds and information created by artificial intelligence from social media to create a more convincing deception. Singapore has responded by publishing fraud detection tools that operate in Amnesty International, such as SATIS tactical intervention analyzes (SATIS), to determine and disable websites and fraudulent calculations more efficiently.
The government evaluates whether more measures are needed to address the defrauds of the telegram. Sun said the authorities would explore additional measures and may consider “legislative lesions” if necessary. The government has already worked with platforms such as Meta and Carousell, which has introduced the improved identity verification measures that led to a significant decrease in e -commerce fraud.
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Japan heats up to Stablecoins
SBI VC Trade is preparing to become the first Japanese financial platform to offer Stablecoin USDC transactions, after completing the initial regulatory registration, as Japan gradually relaxes its position towards Stablecoins.
On March 4, SBI VC Trade announced that it had completed the initial stage of registration for Stablecoin trading, and obtained the approval of the Kanto Financial Office in Tokyo. This registration allows SBI VC Trade to start providing USDC transactions to choose users from March 12, with plans for a wider general availability shortly after that.
This step comes after the last Japan regulations from Stablecoin. In 2023, Japan was said to have a ban that led to the restriction of foreign export stablecoins. In February 2025, the Financial Services Agency (FSA) approved recommendations by a working group to continue relaxing on the use of Stablecoin, indicating the growing government support for Stablecoins as tools for financial innovation and effective transactions.
SBI VC Trade, a subsidiary of the Financial Giant Sbi Holdings, has a long presence in the encryption market, especially through its cooperation with companies such as Ripple.
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Johan Yun
Yohan Yun is a multimedia journalist covering Blockchain since 2017. He has contributed to Crypto Media Outlet Forkast as an editor, and has covered Asian technology stories as an assistant correspondent for Bloomberg Bna and Forbes. He spends his spare time cooking, trying new recipes.