The United States Sanctions Cryptocurrency Money Laundering Network Linked to the Sinaloa Drug Cartel
On May 21, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions targeting two money laundering networks tied to Mexico’s Sinaloa drug trafficking organization, involving more than a dozen individuals and entities. One network is accused of converting cash proceeds from fentanyl and other drug sales into cryptocurrency, then transferring those funds to senior Sinaloa cartel members.
OFAC stated that this money laundering ring operates by collecting large amounts of cash in the U.S., exchanging it for cryptocurrency, and moving the digital funds to Mexican brokers linked to the “Los Chapitos” faction—controlled by “El Chapo” Guzman’s sons, Ivan and Alfredo Guzman Salazar. The sanctioned individuals include Armando de Jesus Ojeda Aviles, alleged to lead the money laundering network, and Jesus Gonzalez Penuelas, another leader of a drug trafficking and money laundering organization.
Under the sanctions, all assets of the targeted individuals a
3 minutes ago
US Stock Trader 'yixie' Bullish on Micron Technology Again, Holds $12.5 Million Long Position
May 21st, per monitoring from Hyperinsight (@HyperInsight), Hyperliquid equities trader yixie (X: @yixie10) opened a 3x leveraged long position on Micron Technology (MU) today. He continued adding to his holdings throughout the afternoon and was still increasing his stake as of press time. The current long position amounts to 16,859 contracts, worth approximately $12.5 million, with an average entry price of $750 and a liquidation price of $526.35.
Over the past week, this trader has placed heavy bets on the AI chip sector, holding positions in MU, AMD, SNDK, and CBRS—key stocks tied to storage and AI computing power. His total accumulated profit from these trades sits at $6.858 million.
In U.S. pre-market trading, Micron Technology (MU) is up 1.3% as of now. On Hyperliquid, the MU contract trades at $742.5, with a 24-hour gain of 2.3% and roughly $170 million in trading volume over that window.
Wallet Address: 0xa65ce1d604fa901c13aa29f2126a57d9032e412b
Note: The HyperInsight Bot i
3 minutes ago
A certain whale longed 1.38 million HYPE tokens, with an unrealized gain of over $27.4 million, having previously experienced an unrealized loss of over $26 million.
On May 21, monitoring from Onchain Lens revealed that whale address "0x082" has maintained a 5x long position in HYPE since December 5, 2025. The address’s current unrealized profit exceeds $27.4 million, after once sitting on an unrealized loss of over $26 million. It now holds 1.38 million HYPE tokens, valued at roughly $81 million.
3 minutes ago
「Trader Loracle」 Increases HYPE Short Position by 329,000 Tokens Intraday, Continues to DCA Above $58
May 21st — Per tracking service Coinbob Popular Address Monitor, ahead of a recent surge that pushed HYPE’s price above $58, the top HYPE short seller known as “Trader Loracle” added roughly 61,000 short positions in the past hour. As of press time, sell orders for HYPE are still being placed above the $58 mark. Since last night, this wallet has accumulated more than 329,000 additional short contracts, valued at about $19.2 million total.
Right now, this wallet holds 1.78 million HYPE tokens in a short position with 5x leverage. Even as HYPE’s price climbs, the position size has ballooned to $104 million; the average entry price has risen from $42.55 to $44.82, while the liquidation price sits at $69, leading to an unrealized loss of $24.2 million (or -116%).
This short position was first opened on April 20, when HYPE traded around $41. Over the past week, the trader’s account has seen total withdrawals exceeding $25.8 million, cutting their remaining margin down to $9 million.
Wall
3 minutes ago
Bitget's Pre-IPO Token preSPAX Hits All-Time High of $899, Surging Over 35% from the Subscription Price
On May 21st, Bitget’s market data shows the platform has launched preSPAX, the pre-IPO token for SpaceX. The token surged to a peak of 899 USDT and is now trading at 879 USDT, representing a 35% increase from its 650 USDT subscription price.
3 minutes ago