The Qian Zhimin case successfully recovered BTC, with leads from his computer's power-on password and several mnemonic words.

By: theblockbeats.news|2025/12/03 11:45:54

BlockBeats News, December 3rd, The Economic Observer reported that the mastermind behind a money laundering case involving 60,000 BTC, Qian Zhimin, carried a laptop with a built-in cryptocurrency wallet when he fled. After several searches by the British police, multiple electronic devices such as phones, computers, and USB drives were seized. One of the USB drives contained a photo of a page from Qian Zhimin's notebook, which appeared to have been torn out before the police seizure. The photo of the page recorded the startup password of the black laptop and several mnemonic words, such as "number + love," along with some hinting information about the numbers, enabling the previously seized bitcoins to be accessed.

At WEEX, we recognize that the holiday season often brings a different trading experience for many users. As market participation slows, price behavior can feel less predictable and familiar trading rhythms may shift. For traders following AI news today or using AI trading tools, this period often highlights how market structure can influence model performance and short-term signals. Approaching these periods with clear expectations and a disciplined mindset can help traders better navigate seasonal market conditions.

Crypto Christmas Heist: Over $6 Million Lost, Trust Wallet Chrome Extension Wallet Hacked Analysis

Trust Wallet Browser Extension version 2.68 has been found to contain a malicious backdoor, resulting in user funds being stolen, with a total loss exceeding $6 million.

Crypto Derivatives Volume Skyrockets to $86 trillion in 2025 as Binance Dominates

Key Takeaways Cryptocurrency derivatives volume has surged to an astronomical $86 trillion in 2025, equating to an average…

Tips for Crypto Newcomers, Veterans, and Skeptics from a Bitcoiner’s Journey

Key Takeaways Understanding the basics of blockchain and decentralized finance is crucial before investing in cryptocurrency. Newcomers should…

Trust Wallet to Reimburse $7 Million Lost in Christmas Hack: An Inside Job?

Key Takeaways Trust Wallet’s browser extension was compromised, leading to a $7 million loss on Christmas Day. The…

Samourai Wallet Co-Founder Begins Prison Term Amidst Crypto Privacy Debate

Key Takeaways Keonne Rodriguez, the co-founder of Samourai Wallet, shares the emotional experience of his first day in…

Merry Christmas, Caroline Ellison: An Unexpected Early Release from Custody

Key Takeaways Caroline Ellison, former CEO of Alameda Research, will be released from federal custody earlier than expected…

Merry Christmas, Caroline Ellison: A Surprising Early Release from Custody

Key Takeaways Caroline Ellison, the former Alameda Research CEO, will be released from federal custody earlier than scheduled,…

Vitalik Buterin Believes Grok Enhances X’s Truth-Friendliness Despite Shortcomings

Key Takeaways Grok, an AI chatbot, is being praised by Vitalik Buterin for making the X platform more…

Trust Wallet to Compensate $7 Million Lost in Christmas Day Breach

Key Takeaways: Trust Wallet users experienced a $7 million loss due to a hack on Christmas Day. The…

HashKey Secures $250M for New Crypto Fund Amid Strong Institutional Interest

Key Takeaways HashKey Capital successfully secured $250 million for the initial close of its fourth crypto fund, showcasing…

Kalshi First Research Report: When Predicting CPI, Crowd Wisdom Beats Wall Street Analysts

Kalshi’s research shows that the prediction market's judgment of CPI is significantly superior to traditional institutional consensus when unexpected inflation shocks occur

High Fees, Can't Beat the Market Even After Paying 10x More, What Exactly Are Top Hedge Funds Selling?

Hedge funds sell not outperformance of the market, but rather scarce returns such as factor neutrality and high Sharpe ratio that cannot be easily replicated and can significantly improve portfolio efficiency.

2025 Token Postmortem: 84% Peak at Launch, High-Cap Project Turns into a "Rug Pull" Epicenter?

The fundraising amount, community size, and exchange endorsement are almost unrelated to token returns, as most projects have experienced a downturn on the day of issuance.

CFTC Welcomes New Chairman, Which Way Will Crypto Regulation Go?

Former head of the SEC's Crypto Task Force Michael Selig Sworn In as CFTC Chairman, U.S. digital asset regulation may shift from "strong enforcement" to "heavy regulation," accelerating coordination with the SEC.

AI Trading Risks in Crypto Markets: Who Takes Responsibility When It Fails?

AI trading is already core market infrastructure, but regulators still treat it as a tool — responsibility always stays with the humans and platforms behind it. The biggest risk in 2025 is not rogue algorithms, but mass-adopted AI strategies that move markets in sync and blur the line between tools and unlicensed advice. The next phase of AI trading is defined by accountability and transparency, not performance — compliance is now a survival requirement, not a constraint.