The Hong Kong Securities and Futures Commission has listed Aurum/Aurum Foundation as a suspicious virtual asset trading platform. The company claims to be registered in Hong Kong under the Companies Ordinance and provides trading services for virtual assets, futures contracts, and derivatives. However, the company has not been licensed by the Hong Kong Securities and Futures Commission and is suspected of engaging in unlicensed activities.
Sharpnink, a Nasdaq listed company, signed a securities purchase agreement to raise $75 million by selling 10.0134 million shares of common stock and warrants. The funds will be used for operations, stock repurchases, and increased holdings of ETH. As of June 16, Sharpnink held 875776 ETH.
Vice Governor of the People's Bank of China, Xuan Changneng, stated that by 2025, the number of cases convicted of money laundering under Article 191 of the Criminal Law in China will exceed 2000. The People's Bank of China will strengthen its crackdown on professional money laundering, virtual currency money laundering, and cross-border money laundering activities.