1. The United States announced that the number of new jobs added by ADP in August was 99,000
The smallest increase since January 2021 was expected to be 145,000, and the previous value was revised from 122,000 to 111,000. In addition, in August 2024, U.S. employers announced 75,891 layoffs, the most in five months and the most layoffs in a single month since 2009 (excluding the crash caused by the epidemic in 2020).
2. Insider: Zhao Dong’s release from prison is probably fake news
Zhao Dong was taken away by Hangzhou police for investigation in June 2020. The Supreme People's Procuratorate issued a notice earlier that on March 24, 2022, Zhao was sentenced to seven years in prison and a fine of RMB 2.3 million. After the verdict, Zhao appealed. On September 5 of the same year, the Hangzhou Intermediate People's Court of Zhejiang Province ruled to dismiss the appeal and uphold the original verdict. The court pointed out that the use of virtual currency as a medium to realize the exchange of RMB and foreign exchange constituted the crime of illegal business operations. According to the earlier court ruling, Zhao Dong should be released from prison in 2027.
Read the original article
3. 19-year-old Singaporean cryptocurrency trader attacked while exchanging USDT
The transaction took place in a parking lot. During the transaction, ZK was attacked by two men pretending to be passers-by, one of whom hit him in the face. To prevent his cash from being robbed, ZK immediately fled to a nearby shopping mall and called for help. He eventually escaped and called the police. The Singapore police have arrested two suspects, aged 20 and 21, for attempted robbery. ZK said that he contacted the seller through Telegram. Although there had been no transactions before, he chose to trade offline to avoid transaction fees.
Read the original article
4. Xuhui District of Shanghai co-signed the "Guidelines for the Disposal of Virtual Currency in Criminal Proceedings"
Lü Hao, member of the Party Leadership Group and Deputy Chief Prosecutor of the Xuhui District Procuratorate of Shanghai, and Yu Shengming, Deputy Secretary of the Party Committee and Deputy Director of the Xuhui District Public Security Bureau, jointly signed the "Standardized Guidelines for the Handling of Virtual Currency in Criminal Proceedings". This move provides more detailed and clear regulations on the entire process and each link involved in handling virtual currency cases, including inquiry and evidence collection, seizure and custody, and transfer and disposal, providing specific guidelines for the legal handling of virtual currency involved in the case.
Read the original article
5. Anhui Province Wuhe County Public Security Bureau cracked down on a criminal case of using virtual currency trading platform to launder money
The gang manipulated highly concealed scoring software, used bank accounts or third-party payment platforms, and disguised legal investment activities through fictitious transactions and decentralized transfers. In fact, they used virtual currency trading platforms to illegally launder money, involving tens of millions of yuan. In the end, the three suspects confessed to their crimes and were taken compulsory measures according to law.
Read the original article
