RockTree Capital Chairman: SEC's prosecution of crypto companies is meant to deter and intimidate, rather than eliminate | RockTree OG Talk

Odaily News: Omer Ozden, Chairman of RockTree Capital, said during the "RockTree OG Talk Series" online live broadcast tonight that the SEC has always targeted exchanges as third-party platforms, not token or project issuers, with the aim of deterring major participants in the cryptocurrency field. The SEC only imposes fines and does not directly call for the disappearance of companies and platforms." Omer Ozden added that this is a double-edged sword. On one hand, the SEC constantly sues and suppresses cryptocurrency platforms, causing related companies to incur high costs in implementing compliance regulations. On the other hand, traditional Wall Street financial institutions continue to invest in cryptocurrency companies, promoting industry development. "In the past hundred days, the entire industry has developed rapidly, and well-funded institutional investors are continuously entering the cryptocurrency field and increasing their investments." It is understood that the "RockTree OG Talk Series" online live broadcast is jointly organized by Web3.0 top investment fund RockTree Capital and Odaily. This episode invited guests from institutions such as Baker & McKenzie and Secured Finance AG to discuss cryptocurrencies under global regulations, directly focusing on the core of SEC regulation and breaking information barriers.
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Trump's latest financial disclosure shows his accounts purchased Strategy stock twice in July, with the largest single purchase at $100,000
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Hyperliquid LIT's largest short is still "holding firm" on its short position, with unrealized losses exceeding $10 million
Odaily News: According to Hyperbot data, as LIT broke through $5.3 to set a new all-time high, the largest LIT short position on Hyperliquid — a 3x leveraged LIT short that has been "holding firm" — has seen its unrealized losses further widen. The position still holds 2.528 million LIT, with unrealized losses reaching $10.118 million.In addition, the whale also holds short positions in AVAX, ETH, SOL, and HYPE, with the overall position value amounting to approximately $14.634 million, and a return on investment of approximately negative 139.6%.
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A whale heavily invested in $4.5 million worth of Robinhood Meme and DeFi leaders has liquidated PONS, incurring a loss of approximately $200,000
Odaily News: According to on-chain analyst Aunt Ai's monitoring, a certain whale sold 5.338 million PONS at an average price of $0.6779, worth $3.67 million, driving the PONS price down 4% from $0.6968 to $0.6688. PONS was previously the largest on-chain asset of this address, with an entry price of approximately $0.7154. This sale resulted in a loss of about $200,000.
Former Hack VC partner Hsin-Ju found dead in California at age 37
Odaily News: Crypto industry figure Jordy posted on X platform that former Hack VC partner Hsin-Ju Chuang has been found dead, and expressed condolences. According to a screenshot of a report shared by Jordy, 37-year-old Hsin-Ju Chuang resided in North Las Vegas and was found dead last month near a remote exit off Interstate 15 in the Mojave Desert. Investigators have not yet determined the cause of death.Hsin-Ju previously claimed that she was required to continue working during a medical emergency and was threatened with being blacklisted from the industry if she left before an event was completed. She rejected Hack VC's settlement offer and had planned to publicly release evidence related to her tenure on August 26. Hack VC stated that it has noticed the relevant content, is concerned about Hsin-Ju's health condition, but said that its understanding of the events differs significantly from what Hsin-Ju published, and that it would not publicly discuss details out of privacy considerations.
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