Ripple CLO Stuart Alderoty Says ‘Washington Must Finish the Job on Crypto Clarity’

[UXLINK Attacker Swaps WBTC for ETH and Transfers to TornadoCash] The UXLINK attacker has exchanged 28.67 WBTC for approximately 778 ETH (valued at around $3.27 million) and has started depositing the funds into TornadoCash, suspected to evade tracking. (PeckShieldAlert)

[Former Los Angeles Deputy Sheriff Admits to Colluding with 'Crypto Godfather' in Extortion Scheme] Former Los Angeles County Deputy Sheriff Michael David Coberg admitted on September 26 to committing federal felonies, including conspiracy to extort and violating civil rights. He abused his authority to provide illegal protection to Adam Iza, who calls himself the 'Crypto Godfather,' receiving at least $20,000 per month in compensation. According to the plea agreement, Coberg misused his law enforcement powers in 2021, including using a firearm to coerce a businessman into transferring $127,000 to Iza and orchestrating a false drug arrest against another victim. The case highlights gaps in law enforcement oversight, with four officers already pleading guilty for their involvement. The main perpetrator, Iza, is accused of fraudulently obtaining $16 million in cryptocurrency, while his ex-girlfriend has also pleaded guilty to concealing $2.6 million in illegal proceeds. Coberg faces up to 30 years in prison, with a sentencing hearing scheduled for February 2026.

[Hyperliquid user btc@((tuta.com)) incurs a floating loss of $13.61 million on PUMP short position] Odaily Planet Daily reports that, according to on-chain analyst Ai Yi's monitoring, Hyperliquid user btc@((tuta.com)) holds the current largest PUMP short position, with a floating loss of $13.61 million. The user has a 5x leveraged short position of 7.969 million PUMP (approximately $44.2 million), with an entry price of $0.003838 and a liquidation price of $0.007231. So far, the account has earned $1.44 million in funding fees. However, since October 2024, the account's cumulative profit still stands at $9.57 million.

[The U.S. Senate is reviewing a bill to exclude video game assets from the scope of digital goods regulation] Immutable President Robbie Ferguson posted on the X platform: 'The U.S. Senate is reviewing a bill that will exclude video game assets from the scope of digital goods regulation, paving a clear path for AAA game studios to issue game tokens. In addition, cryptocurrency reward programs, stablecoins for in-game payments, and ultimately game tokens are expected to surge.'

[Binance Announces the Launch of DoubleZero (2ZUSDT)] Binance has announced the addition of DoubleZero (2ZUSDT) to multiple services, including futures contracts, officially launching on 2025-10-02 at 20:00 (UTC+8). Notes: - The specifications of the 2ZUSDT perpetual contract may be adjusted based on market risk conditions. - Alpha assets are highly volatile and high-risk, and cannot be withdrawn from Binance. - Assets launched on Binance Alpha are not guaranteed to be listed on Binance Spot.