influencer

According to The Block, South Korean ruling party lawmaker Kim Seung-won proposed amendments to the Capital Markets Act and the Virtual Asset User Protection Act, requiring influencers (Finfluencers) who provide cryptocurrency investment advice on social media to disclose their personal asset holdings and the compensation they receive.The proposal aims to enhance market transparency and combat misleading information and self-dealing behavior. According to the proposed legislation, individuals who regularly provide investment advice on social media, mass publications, or broadcasts must publicly disclose the types and amounts of cryptocurrency assets they hold, as well as any compensation related to their promotions. Penalties for violations will reference capital market crimes such as price manipulation.Kim Seung-won pointed out that this move is a necessary measure to address conflicts of interest and investor harm caused by unregulated social media commentary.

U.S. District Judge Beth Bloom of the Southern District of Florida issued a $2.8 million default judgment against former crypto influencer Ben Armstrong (also known as "BitBoy") in a defamation case brought by investor Kevin O'Leary. The court ruled against Armstrong in six counts of defamation due to his failure to present a defense. The damages include approximately $78,000 for reputational harm, $750,000 for emotional distress, and $2 million in punitive damages.The case stems from a post Armstrong made on the X platform in March 2025, where he falsely claimed that O'Leary was involved in a fatal boating accident in 2019 and committed murder.

ChainCatcher message, according to the Web3 asset data platform RootData X tracking data, in the past 7 days, the Move central liquidity engine Momentum has been the project with the most unfollows by top figures on X (Twitter). The new influential figures on X who unfollowed this project include cryptocurrency trader Ash Crypto(@Ashcryptoreal), SpiderCrypto(@SpiderCrypto0x), and Australian lion brother BroLeon(@BroLeonAus).

According to ChainCatcher news reported by Decrypt, Charles O. Parks III, a man from Nebraska, USA (online name "CP3O"), has been sentenced to one year and one day in prison for orchestrating an illegal "crypto hijacking" scheme worth $3.5 million. He illegally mined by stealing cloud computing resources, profiting nearly $1 million, which he used to purchase luxury goods.Parks has paid a $500,000 fine and a Mercedes-Benz, with the amount of restitution pending. It is reported that he disguised himself as an educational platform to deceive cloud service providers into granting him computing resources for mining Ethereum, Litecoin, and Monero, and laundered money through exchanges and banks.

ChainCatcher news, according to on-chain analysis platform Lookonchain (@lookonchain), monitored that social media celebrity, businessman, and former professional Muay Thai fighter Andrew Tate (@Cobratate), who has tens of millions of followers on platform X, conducted 76 transactions on the Hyperliquid platform, with only 27 being profitable, resulting in a win rate of 35.53% and a total loss of $583,000. Currently, Andrew Tate is going long on Ethereum (ETH) with 25x leverage.

ChainCatcher news, according to Jin10 data reports, the Hong Kong Securities and Futures Commission is working with regulatory agencies around the world to curb the activities of illegal financial influencers. These financial influencers illegally promote financial products or services, putting millions of social media users at risk.The CEO of the Securities and Futures Commission and Chair of the Asia-Pacific Committee of the International Organization of Securities Commissions, Ashley Alder, stated: "As part of our educational efforts, we must emphasize the importance of personal responsibility. Investors should be their own first line of defense, verifying the regulatory status and credibility of financial influencers before making any investment, carefully assessing the investment views they share, and thoroughly verifying the authenticity of the information."

ChainCatcher news, according to a report by Caixin Silicon Valley NEWS, foreign media reported that cryptocurrency influencer Tiffany Fong gained Elon Musk's attention during the coverage of the FTX exchange collapse. As Fong posted more content supporting Trump, Musk's interactions with her began to increase, and he followed her last summer. As part of a creator revenue-sharing program, during the period of their most frequent interactions in November last year, Fong earned $21,000 in traffic sharing within two weeks.Around that time, Musk, who had never met Fong, sent her a private message asking if she was interested in having a child for him. Fong declined the request and revealed it to others. Musk then accused her of being imprudent and unfollowed her.

ChainCatcher news, according to Cryptonews, the Dutch Authority for the Financial Markets (AFM) has fined the online crypto and stock trading platform BUX €1.6 million for attracting new customers through financial influencers (Finfluencers) and referral programs, violating industry regulations.

ChainCatcher news, according to reports, as part of the virtual asset development roadmap, the Hong Kong Securities and Futures Commission is considering establishing a comprehensive framework covering financial influencers (Finfluencers), advocating for responsible communication and best practices in investor engagement, and plans to strengthen direct interaction with investors through proactive and ongoing educational initiatives.

ChainCatcher news, according to Cryptoast, a French man was rescued by police from the trunk of a car near Le Mans after being kidnapped at home on Christmas Eve.The victim is a 56-year-old man, whose son is a cryptocurrency influencer residing in Dubai. After kidnapping his father, the two criminals contacted his son to extort money.The latter immediately notified the police, who subsequently found his father in the trunk of a car 500 kilometers from home; he was disoriented but out of danger. Currently, the two suspects are still at large.

ChainCatcher news, encrypted influencer Haliey Welch posted a response to the HAWK token crash incident. She stated that she will fully cooperate with the investigation and assist the legal team representing the affected investors, dedicated to uncovering the truth and holding the responsible parties accountable.Previously, a meme coin featuring Haliey Welch's portrait, HAWK, was launched on December 4, reaching a market cap of $500 million, before plummeting 90%, prompting investors to file lawsuits. Welch urged affected investors to contact the Burwick legal team.

ChainCatcher news, according to The Block, the Solana meme coin HAWK created by influencer Hailey Welch experienced a crash after its launch. HAWK began trading at 4 PM (ET) on Wednesday, with its market cap quickly rising to $400 million, before plummeting over 90% to $37 million.The project team OverHere stated that the token distribution aligns with the tokenomics design, with a 12-month lock-up period for the founding team and a 3-year linear unlocking period, which accounts for only 10% of the total supply.Welch stated on social media that the team has not sold any HAWK tokens and has not given any free tokens to any KOLs. The high transaction fee mechanism was implemented to prevent sniper bots, and the fee rate has now been reduced.