Dismantling a Pig-Butchering Scam Ring: Malaysian Police Arrest 13 Foreign Suspects

Odaily: Police in Malacca yesterday raided a residence in Kota Shahbandar, arresting 13 foreign suspects and dismantling a scam ring involved in pig-butchering fraud and fictitious cryptocurrency trading platforms. Halim Abas, chief of the Malacca Central Police District, said the ring lured Chinese victims through apps such as Telegram, QQ, and Soul, and asked them to transfer funds to so-called high-return crypto trades. Preliminary investigations show that members of the ring entered the country on tourist visas between February and September last year from the Philippines, the Taiwan region, Laos, and China, among other places, and began operating at the location about three months ago. Police seized 12 laptops, 1 desktop computer, 26 mobile phones, and 1 router, valued at about 50,000 ringgit; the suspects have been remanded until November 8 to assist with the investigation, and the victims' total losses are still being verified.

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Liquidated: A whale's $63.97 million BTC and ETH positions on Hyperliquid were liquidated, with a loss of $10.76 million
Odaily reports that according to Onchain Lens monitoring, a whale's BTC and ETH positions worth $63.97 million on Hyperliquid were liquidated 3 hours ago, resulting in a loss of $10.76 million. Its cumulative liquidation loss stands at $16.13 million, with a lifetime loss of $18.52 million. It currently has no open positions.
Chainlink Reserve buys another 106,300 LINK, bringing total purchases to 6.68 million
Odaily reports that according to Onchain Lens monitoring, Chainlink Reserve added 106,300 LINK today, bringing its cumulative purchases to 6.68 million LINK, valued at approximately $75.06 million. Over the past 30 days, Chainlink Reserve purchased 471,200 LINK, valued at approximately $5.36 million.
33 minutes, 4 liquidations: A Hyperliquid whale loses $972,700 but still holds a $16.16 million BTC long with 40x leverage
According to Onchain Lens monitoring, a whale was liquidated 4 times within 33 minutes, with cumulative losses of $972,700. The whale still holds a BTC long position worth $16.16 million with 40x leverage, a liquidation price of $71,119, just 1.07% away from the current price, an unrealized loss of $609,500, and cumulative losses of $1.01 million.
US Media: Nvidia Faces US Department of Justice Antitrust Investigation
Odaily reports that Nvidia (NVDA.O) is facing an antitrust investigation by the US Department of Justice. (US financial news outlet Semafor)
Foreign media: Nvidia's interim CEO does not lead major company decisions
Odaily reports that Nvidia's (NVDA.O) interim CEO is not the leader of the company's major decisions and is not responsible for setting the company's major decision agenda. (The Information)
Nvidia's decline further narrows to 4.24%
According to MSX.COM data, Nvidia's decline has further narrowed to 4.24%, now trading at $166.35, with its market cap returning above $4 trillion.
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