MyToken data monitoring shows that on 【March 12th, 07:39】 (Beijing Time), an address starting with 【0x3117】 transferred 【404063021.99 USDC】 to an address starting with 【0xa0b8】, with a total value of approximately 【403.99 million】. Real time monitoring of large transfers：https://www.mytokencap.com/large-transfers/

MyToken data monitoring shows that on 【March 12th, 07:37】 (Beijing Time), an address starting with 【0x688c】 transferred 【300029515.68 USDC】 to an address starting with 【0xa0b8】, with a total value of approximately 【299.98 million】. Real time monitoring of large transfers：https://www.mytokencap.com/large-transfers/

MyToken data monitoring shows that on 【March 12th, 07:36】 (Beijing Time), an address starting with 【0x5695】 transferred 【104033506.3 USDC】 to an address starting with 【0xa0b8】, with a total value of approximately 【104.02 million】. Real time monitoring of large transfers：https://www.mytokencap.com/large-transfers/

Odaily Planet Daily reports that India's Central Bureau of Investigation (CBI) announced the arrest of Ayush Varshney, co-founder and CTO of Darwin Labs, at Mumbai airport on suspicion of involvement in the infamous GainBitcoin Ponzi scheme. Varshney was reportedly attempting to leave India at the time. Investigations revealed that the scam, operated by Variabletech Pte. Ltd., attracted investors by promising high returns on crypto investments. Law enforcement agencies allege that Darwin Labs developed and deployed key technological infrastructure for the scam, including the MCAP crypto token and ERC-20 smart contracts. Furthermore, Darwin provided technical support for the GBMiners.com Bitcoin mining platform, Bitcoin Payment Gateway, CoinE Bank Bitcoin wallet, and the GainBitcoin investment website, platforms allegedly used to lure and defraud investors. Media reports indicate that the scam began in 2015 and operated in multiple Indian states. The case is estimated to involve approximately 1.9 billion rupees (about US$2.1 million) and 29,000 bitcoins. At current prices, these Bitcoins are worth over $2 billion.

Odaily Planet Daily reports that Binance.US has announced the appointment of former Currency.com CEO Stephen Gregory as its new Chief Executive Officer, succeeding interim CEO Norman Reed. The company stated that this move aims to drive further growth for the exchange in the US market. Gregory has a legal background and extensive experience in digital asset compliance and regulation, having previously served as Head of Compliance at Gemini and CEX.io. Binance.US stated that his expertise in digital asset regulation and compliance will contribute to the company's development in the US market. Gregory expressed his honor in leading the Binance.US team and ushering in a new phase of the exchange's growth, noting the strong influence of the Binance.US brand. This appointment comes approximately one year after Binance.US resumed its USD deposit and withdrawal services. In 2023, the exchange suspended USD deposit and withdrawal services due to alleged violations of securities regulations.