A federal judge in California sentenced Daren Li to 20 years for a crypto fraud and laundering scheme that moved $73.6M in victim funds⚖️
Li pleaded guilty in 2024, then fled custody last year after cutting his ankle monitor.
Full report ⤵️

Twitter

Original Author: He Hao, Wall Street Insights

On Thursday, US stocks plunged, with the Nasdaq falling over 2%. Some traders sold precious metals to offset losses in the stock market, causing gold, silver, copper, platinum, and palladium to decline sharply. The US dollar index rose slightly.

Amid renewed concerns about whether massive investments in artificial intelligence can truly be implemented on a large scale, US tech stocks declined. Metal prices suddenly fell due to suspected algorithmic trading selling, forcing some investors to exit commodity positions, including metals, to obtain liquidity, while some funds turned to US Treasury bonds for safety.

Spot gold fell as much as 4.1%, and silver plummeted 11...

Gold fell more than 4% at one point, and silver plummeted 11%, as a sharp drop in US stocks triggered a sell-off in algorithmically traded precious metals.

Coinbase, a leading cryptocurrency exchange in the US, has just announced its Q4 2025 earnings results, showing significant changes amidst a sharp decline in the crypto market at the end of the year. The developments...

Coinbase reports lackluster earnings, causing its stock price to fall.

Author: The Economist
Compiled by: TechFlow TechFlow
---------------------------------------------------------------
TechFlow Dive: Despite Bitcoin's price remaining above $70,000, the crypto market is experiencing an unprecedented "lonely winter." This article delves into the differences between this decline and previous ones: the chain reaction of leveraged liquidations, the fact that once-promising ETFs have now become drivers of price drops, and the most...