The post China Sentences Four com. Sentenced to one to two years imprisonment. Intensified focus on AML in crypto transactions. The Peoples Court of Longjing City, Jilin Province, China tried and sentenced four defendants for laundering RMB 789, 000 through gold purchases and unlicensed cryptocurrency platforms. This case underscores Chinas robust anti-money laundering stance, targeting crypto-related crimes, potentially influencing global regulatory practices and cryptocurrency market dynamics. Chinas Landmark Conviction: Four Jailed for Crypto Laundering Four individuals were recently convicted by the Longjing Municipal Peoples Court for concealing fraud proceeds. The defendants purchased gold, cashed it out, and used illegal crypto platforms to launder the fraud proceeds. The total amount involved in the transactions surpassed RMB 789, 000, with confirmed fraud-linked funds exceeding RMB 452, 000. This legal action highlights Chinas reinforced efforts to combat cryptocurrency-related crimes. The sentencing includes imprisonment of up to two years and fines up to RMB 20, 000, reflecting strict enforcement measures. The case sets a significant milestone, as Chinas revised Anti-Money Laundering law now explicitly targets cryptocurrency transactions as predicate offenses. In the words of the Jilin Provincial High Peoples Court Official Statement, Four defendants received 1-2 year sentences for using gold purchases and unregulated crypto platforms to launder RMB 452, 000 confirmed as fraudulent proceeds. There has been no official response from major crypto industry personalities or community developers concerning this case. However, the Higher Peoples Court of Jilin Province emphasized the importance of such rulings in their official statement, noting the reliance on blockchain forensics to trace funds. Crypto Regulations in China: Historical Context and Expert Insights Did you know? Chinas strict stance against crypto-related money laundering has led to its first major judicial action under the revised 2025 AML law, drawing international attention to its approach on blockchain forensics. As of.
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Here are the Bitcoin Price Levels to Watch Next
The post Here are the Bitcocom. Key points: Key Bitcoin price levels above and below spot price are here as BTC is about to start a new week. A quiet weekend is slated to give way to volatility as fresh macro catalysts appear. A busy week will see the release of the Federal Reserves favorite US inflation gauge. Bitcoin (BTC) kept traders guessing into Sundays weekly close as analysis focused on the final resistance before all-time highs. BTC/USD one-hour chart. This meant that the price remained wedged between support and resistance at $114,000 and $117,200, respectively. As Cointelegraph reported, both levels were on the radar throughout last week as price reacted to US macroeconomic volatility triggers. The retest of $114k (black) into support continues to be successful but there is resistance at ~$117. 2k (blue), popular trader and analyst Rekt Capital summarized while uploading a corresponding chart to X on the day. This makes for a range-bound construction and we’ll soon find out how weak or strong a resistance $117. 2k really is. BTC/USD one-week chart. Very little happening indeed. Its now the 4th weekend in a row where we have seen little volatility and likely no gap being created, he acknowledged, referring to weekend gaps in CME Groups Bitcoin futures market. We’ll see where this wants to go next week. Main short term levels for me to watch are $112K & $118K. BTC/USDT 15-minute chart. It has been consolidating around the $116,000 level for some time now, part of.
UK, Australia, Canada recognise state of Palestine ahead of UNGA session
As the UNGA convenes in New York this week, the coordinated announcements are expected to add pressure on other nations, including the United States and European Union members, to reassess their positions on Palestinian statehood.
IDF: 550,000 out of one million civilians have fled Gaza City
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IND Vs PAK, Asia Cup 2025: Indian Players Once Again Refuse To Shake Hands With Pakistani Counterparts After Humiliating Them With 6-Wicket Win; Watch
In a high-stakes Super 4 clash of the Asia Cup 2025 held in Dubai, India chased down Pakistan’s target of 172 with clinical precision, securing a crucial victory. While the on-field performance highlighted India’s batting and bowling discipline, attention quickly shifted off the field as Indian players once again refrained from shaking hands with their Pakistani counterparts after the match.
An unlikely Pokémon Mega Evolution theory keeps being proven correct
The Pokemon community has been inundated with news recently, as the launch marketing for Pokemon Legends Z-A is in full swing. A big part of this has been the reveal of new Mega Evolutions, and with the new designs, there’s a growing trend that might actually be proving a certain fan theory correct. If you’re an obsessive Pokemon fan, you may have spotted the reveal of the upcoming Mega Dimension DLC also included a look at the new Mega Raichu X and Mega Raichu Y, which mark the third pair to have both X and Y versions, including Mega Mewtwo X and Y, and Mega Charizard X and Y. Well, what if every single Mega Evolution is based on the shape of an X or Y? I’m in love with the shape of you This particular theory may have been pointed out before, but it was popularized by content creator Tahko. In February 2025, Tahko posted on the social media platform X, saying, “it has been over 15 years and Pokemon fans and fakemon artists have yet to catch on that pretty much all mega Pokemon up to this point have been shaped like an x or a y.” Naturally, like anyone sharing an opinion on Pokemon on the internet, people responded in a calm and reasonable manner. If you didn’t note the sarcasm there, people actually leaned a bit reactionary. One person commented, saying that essentially any Pokemon design could be “simplified into an X or Y” and that the theory was a bit of a reach. While another person also took a swipe at the theory, saying that with enough creative license, “anything with 2 arms and legs” can be made to look like an X. Some other people agreed with Tahko’s theory and backed it up. Giving it some legitimacy, one person said they could see some Pokemon are “clearly X or Y shaped,” such as Mega Altaria and Mega Metagross. Meanwhile, another person adds fuel to the fire, saying they “connected the dots” with Mega Abomasnow and Mega Glalie, but hadn’t seen it explained properly until now. Adding some legitimacy to the theory, if you look at the box legendaries for Pokemon X & Y, Xerneas and Yveltal respectively, what do you see? The Pokemon are designed to mimic the shape of an X and a Y. So, this is something The Pokemon Company had on the brain when crafting the ‘mons of this generation. Let’s look at some of the main culprits. As mentioned, Mega Abomasnow is a clear win for the X column, as is Mega Gengar, Mega Metagross, and Mega Scizor. All of the above use either their limbs or other appendages to form an X in some way or another. In the latter camp, creatures like Mega Slowbro, Mega Altaria, and Mega Pidgeot can all be interpreted to look like a Y. After those, it’s clear that while some others fit in, there isn’t a direct correlation, as not all of the Mega Evolution forms fit neatly into an X or Y. Some creatures like Mega Sableye and Mega Camerupt really deflate the theory, and Mega Rayquaza is likely a big S or Z if anything. Come Summer 2025, things seemed to be calming down. That was, until the reveal of Mega Dragonite. No Pokemon has ever looked as much like a Y as Mega Dragonite. I spotted it immediately and thought back to Tahko’s post from months prior, and I wasn’t the only one, as comments and quotes were flooded by people backing the theory up. One person quoted Tahko’s original theory, saying, “Mega Dragonite is Y-shaped. This post has only aged like fine wine so far.” Naturally, not every Pokemon is designed to fit into an X or a Y shape, but a LOT are. Mega Hawlucha? Clear Y. Mega Malamar? Clear Y. Mega Raichu X and Mega Raichu Y? Do I even need to say anything? or Y camp. From the Ponyta’s mouth This was the story up until the Nintendo Direct last week, but there has been one final development. After months and months of online bickering around the post and some choice words from strangers, original theory crafter Tahko has released a video addressing the controversy. It’s a really interesting breakdown of the arguments they faced online and the actual reasoning behind the original theory. It’s also interesting to see Tahko back up their claims with more than just the key art provided, diving into character models, the movement they have in-game, and the way they’re represented in other media. A lot of people seem to have reacted to nothing more than official key art without investigating the idea any further, so although it’s a lengthy watch, the video explores every possibility. I’m not here to convince you any further. Tahko’s video dives deep into the subject, and it’s a really well-constructed counterargument to the months of weird comments and borderline harassment they’ve had to deal with. To me, it’s more than enough to finally admit that the theory is mostly correct. Should it have taken something as obvious as two new Raichu literally shaped like an X or a Y to stop people from going crazy online? Perhaps not. But it’s been a fun saga and one that stirred up a lot of fun conversations. Tahko, as far as I’m concerned, you’ve been vindicated. Like our content? Set Destructoid as a Preferred Source on Google in just one step to ensure you see us more frequently in your Google searches! The post An unlikely Pokemon Mega Evolution theory keeps being proven correct appeared first on Destructoid.
Charlie Kirk’s death ignites free speech fire storm among Trump supporters
Attorney General Pam Bondi promised to prosecute purveyors of hate speech, and Federal Communications Commission Chair Brendan Carr threatened repercussions against broadcasters after a television host made remarks he did not like.
This is Google’s first iOS app with ‘Liquid Glass’ design
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Patanjali products are now cheaper in India: Check new prices
Baba Ramdev’s Patanjali Foods Limited has announced a major price cut across its entire product range.
Bangladesh Cricket Board elections on October 6, Tamim raises concerns
The Bangladesh Cricket Board (BCB) elections are set to take place on October 6, the country’s election commission announced today.