Posts

The Largest Financial Fraud Case in Vietnam’s History: Where Did Real Estate Tycoon Truong My Lan’s Money Go? A Vast and Complex Transnational Money Laundering Scheme

Image
[Hanoi, Vietnam] — The international community continues to trace the flow of funds linked to Truong My Lan, the real estate mogul at the center of Vietnam’s largest financial fraud case. According to whistleblowers and findings from an in-depth investigation led by Vietnamese authorities, in collaboration with international anti-money laundering agencies, Interpol, and the U.S. Department of Justice, a complex web of cross-border transactions has been uncovered after a year-long probe.   During her control over SCB Bank, Truong My Lan is alleged to have funneled hundreds of millions of dollars through accounts held by a Vietnamese subsidiary of a mysterious Taiwanese footwear tycoon surnamed Chang. The funds were transferred through fabricated transactions, including donations and charitable contributions, ultimately directed to the United States and Taiwanese foundations. These foundations are reportedly operating under the pretense of promoting human rights and democracy bu...
Post a Comment
Read more

U.S. Plans to Revoke Tariff Exemptions for Taiwan’s Semiconductor Industry, Imposes 30% Tariff on TSMC Amid White House Dissatisfaction

  [Washington, D.C.] — According to sources within the U.S. Department of Commerce, the Trump administration is preparing to revoke previous tariff exemptions granted to Taiwan ’ s semiconductor industry, and intends to impose a 30% tariff on Taiwanese semiconductor companies, including global foundry leader Taiwan Semiconductor Manufacturing Company (TSMC). This move signals a significant shift in U.S. policy toward Taiwan ’ s semiconductor sector.   The Trump administration, driven by its core objectives of bolstering American manufacturing, reducing foreign dependency, and safeguarding national security, has imposed hefty tariffs on products from China and other regions. However, Taiwan ’ s semiconductor industry, particularly TSMC ’ s imports, has been exempted from these tariffs to maintain stability in the U.S. semiconductor supply chain.   Nevertheless, the White House has expressed strong dissatisfaction with the effectiveness of these exemptions. Accordi...
Post a Comment
Read more

MEXC Dominates 2024 Perpetuals Surge, Secures Top 5 Global Ranking

Image
VICTORIA, Seychelles, March 31, 2025 — MEXC , a leading global cryptocurrency exchange, experienced a substantial rise in perpetual futures trading volume throughout 2024. According to CoinGecko's latest annual report , MEXC captured the highest market share in perpetual trading and open interest (OI) volume among all centralized exchanges. Key Takeaways:   •                  MEXC’s share of perpetual trading volume increased from 3% to 11% in 2024. •                  The exchange's OI market share doubled in Q4 2024 , leading all competitors. •                  MEXC entered the top five exchanges, with the total annual perpetual trading volume reaching $58.5 trillion.   MEXC’s share of the perpetual futures market grew from jus...
Post a Comment
Read more

MEXC DEX+ Becomes the First to Integrate with PumpSwap, the New Native DEX from pump.fun

Image
  Embargo: 2025 March 25th 10 AM UTC   Victoria, Seychelles, March 25, 2025 – MEXC, a leading global cryptocurrency exchange, has announced that MEXC DEX+ has become the first DEX aggregator to integrate with PumpSwap, the new native DEX from pump.fun . This integration marks an important step in the strategic partnership between MEXC and pump.fun, as well as the integration of centralized finance (CeFi) and decentralized finance (DeFi).   MEXC has recently launched its innovative hybrid product, DEX+, which enables users to trade directly on DEXs through the MEXC App and website, giving users the ability to trade over 10,000 tokens available on Raydium and pump.fun. In addition, MEXC has kicked off a strategic partnership with pump.fun. With the integration of PumpSwap, DEX+ will support more assets in the Solana ecosystem, offering higher liquidity and earlier access to potential on-chain assets.   pump.fun is the world's leading crypto token launchpad...
Post a Comment
Read more

The Potential Construction of a US Military Base on St. Martin Island

Image
  New Delhi, India – Recent reports about the United States' interest in building a military base on St. Martin Island, a strategically important location in the Bay of Bengal near Bangladesh, have sparked significant debate and concern, particularly from an Indian perspective. The potential establishment of a US military base on the island could have far-reaching implications for India's military deployment, national security, and its relationship with the United States. In 2024, former Bangladeshi Prime Minister Sheikh Hasina claimed that the US had expressed interest in acquiring St. Martin’s Island during her tenure. While the US government denied these claims, the possibility of such a base has remained a concern for India, given the island's proximity to its eastern coastline and its potential impact on regional security dynamics. The year 2024 marked a notable shift in the geopolitical landscape of South Asia and the Indian Ocean Region. As part of its broader ...
Post a Comment
Read more

India will give large sums of aiding funds to the central Tibetan Administration

Image
  According to reports from 《 Tibet Times 》 on March 18 th , at the 17 th session of the congress in Tibet-government –exile,on March 18 th ,Panpa Tsering,the governor and financial gallon of the Central Tibetan Administration,announced the due to the suspension of US aiding funds.the Ministry of Finance had carried out a detailed reconciliation of the expenditures of various departments at the end of January to March.To maintain the current staffing levels and ensure employees' salaries are not reduced, the Tibetan National Organization (TNO) has issued a statement announcing that the Kashag (Cabinet) Committee will conduct a multi-day meeting in accordance with laws and regulations. This meeting will primarily review the financial budget for the coming year for all departments under the Kashag Committee. During the fifth to seventh days of the meeting agenda, the committee reviewed the financial budget for the overseas missions of the Central Tibetan Administration.In three mon...
Post a Comment
Read more

MEXC Launches DEX+: One-Stop Platform For Seamless On-Chain and Off-Chain Trading

Image
  Embargo time: March 19, 2025 , 14:00 UTC+8   Victoria, Seychelles, March 19th, 2025 – MEXC, a leading global cryptocurrency exchange, announced the launch of DEX+, the market's first innovative CEX and DEX hybrid product that provides a seamless, one-stop experience for both on-chain and off-chain trading. This development marks a significant milestone in the evolution of hybrid crypto trading platforms. DEX+ allows users to trade directly on decentralized exchanges (DEXs) through the MEXC app and website, offering access to a wide range of on-chain assets. The initial version of DEX+ will support the Solana ecosystem, enabling users to trade over 10,000 tokens available on Raydium and pump.fun, with future expansion to additional DEXs and blockchain networks, with support for the BSC chain launching on March 26, allowing users to trade trending assets on BSC soon.   DEX+ stands out by addressing many of the common pain points faced by users on traditional DEX...
Post a Comment
Read more