Huoxun Finance reported on December 14th that the *Economic Observer* published an article exposing a Ponzi scheme operated by Yuzhi Financial Co., Ltd. in China, using "virtual currency trading" as a gimmick. Yuzhi Financial Co., Ltd. and its platforms claimed that investors could earn a fixed 1% daily return (static return) by following Bitcoin contract trading, with additional dynamic rewards for recruiting new members. The minimum investment was 7400 yuan, with a claimed cumulative return of up to 370.6% in 30 days, and even doubling during annual promotional periods. However, there were no real transactions; the returns were paid to earlier investors through newer investments. Recently, multiple investors reported that their virtual asset trading app, "HSEX," was unable to withdraw funds normally. The platform subsequently required users to pay a "self-certification deposit" of 20% of their total account balance and increased the withdrawal fee from 10% to 30%. Previously, the Joint Office for Preventing and Combating Illegal Financial Activities in Xinyi City, Guangdong Province, the Leading Group Office for Preventing and Combating Illegal Financial Activities in Yulin City, Guangxi Zhuang Autonomous Region, and the Financial Affairs Center of Shigu District, Hengyang City, Hunan Province had all issued relevant risk warnings. The Hong Kong Stock Exchange also disclosed that Yuzhi Financial and its related HSEX and HKEX websites had been listed as suspicious websites multiple times and had no connection with the Hong Kong Stock Exchange.

According to Odaily Planet Daily, Tom Lee, Chairman of Ethereum treasury company BitMine, stated in an interview, "Bitmine is approaching 4% of the total Ethereum supply and believes the company will never sell these ETH. If we stake these ETH now, it will generate over $1 million in net income per day." (Decrypt)

According to Arkham's monitoring, about three hours ago, a large number of token transfer transactions occurred at an address suspected to belong to the ZORA team, transferring a total of approximately 52.525 million tokens to three new addresses, worth over $2.6 million. Subsequently, one of the addresses transferred 10.535 million tokens (approximately $520,000) to a Coinbase hot wallet address. The remaining tokens, worth $2.1 million, have not yet been transferred further.

According to Onchain Lens monitoring, a whale recently closed out the last approximately 7,200 ETH in its 7x leveraged ETH long position, incurring a loss of over $3.34 million.

Huoxun Finance reported on December 14th that, according to crypto insiders such as KOLMorsy and Crypto_Painter, CysicTGE is experiencing severe clustering behavior. A large number of token-holding addresses were created just three days prior, and 12-20% of CYS tokens were manipulated, with some already sent to centralized exchanges (CEXs), ultimately leading to poor community distribution. Participants in the pre-sale and other contributors have either suffered losses or failed to receive the promised rewards. Furthermore, Cysic appears to have data issues: its annual book loss was $3.8 million, with revenue of only $150,000, while its publicly claimed revenue was $6 million. While the company is incurring huge losses, the founder's personal wallet address withdrew $2.78 million from the company wallet and other external addresses in 2024 (mostly concentrated in 2024 when investors made payments); and $1.67 million so far in 2025 (mostly concentrated in NFT sales and before listing). Simultaneously, the company's products are found to be of inferior quality, with some mining rigs containing chips from recycled Antminer L7 miners.