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South Korean actress Hwang Jung-eum allegedly misappropriated 4.2 billion KRW from her company to invest in cryptocurrency, but it has now been fully repaid.

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According to BlockBeats on June 17th, the South Korean actress Hwang Jung-eum (in transliteration) has been indicted. She is suspected of embezzling approximately 4.2 billion KRW (approximately 3.07 million USD) of company funds to invest in virtual currencies. On June 17th, her management agency, Y1 Entertainment, stated that Hwang Jung-eum had repaid the full amount in two installments on May 30th and June 5th. Previously, around 2022, Hwang Jung-eum withdrew a total of 4.34 billion KRW from Hunminjeongeum Entertainment. Most of these funds were used for cryptocurrency investments. The case involves violations of the "Act on the Aggravated Punishment of Specific Economic Crimes" related to embezzlement of funds and is currently in the process of judicial proceedings. (Yonhap News)

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UK-listed company Vinanz announces raising ￡3.58 million to expand its mining operations and strategic Bitcoin reserves.

On June 17, the UK-listed company Vinanz announced that it had raised ￡3.58 million (approximately $4.72 million) by issuing a total of 4,000,000 new ordinary shares. The funds will be employed to expand its mining operations and enhance its strategic Bitcoin reserves. CEO Hewie Rattray said: "This fundraising demonstrates the increasing interest of the market in Bitcoin strategies and expedites Vinanz's goal of becoming the leading Bitcoin-focused main board-listed company in the UK." Previously, on May 19, Vinanz purchased 16.9 Bitcoins at an average price of $103,341 per Bitcoin, with a total value of approximately $1.75 million.

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Trader AguilaTrades has set predefined limit sell orders, planning to close positions incrementally between $105,750 and $106,530.

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In the past 24 hours, total liquidations across the network reached $337 million, primarily dominated by long positions.

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Spot gold dropped sharply by $16 in the short term, currently trading at $3,368/oz.

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Bitcoin falls below $105,000, 24-hour decline of 2.25%

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Gradient Network completes $10 million seed round financing, led by Pantera and Multicoin.

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