Author: admin

The spot bitcoin etfs had their worst outflows week since june ended and that totally dragged the price down hard. 🖤
Although eth etfs saw a bit less net outflows overall the picture looks way darker with zero green days at all. 😭

BTC Funds Draining Like Crazy 💸

The week kicked off rough with almost 90 million in net outflows from the start. Btc price got rejected at 87000 and crashed by a couple grand that same day. It bounced a tad tuesday when flows flipped positive with 118.86 million pouring in. 👀
Wednesday and thursday flipped to nightmare mode tho with outflows hitting 487.07 million and then 244.13 million. Btc took a massive hit dropping to a two week low at 80400 on thursday. 🌑
Friday brought tiny inflows of just 21.13 million which wasnt enough to fix the damage so the week closed at 681.10 million net outflows the highest since june. Total inflows fell from 57.79 billion down to 57.11 billion. 😈

Eth Etfs Looking Even Darker Lmao 🌑

Eth etfs started with 50.76 million outflows and it got worse tuesday at 201.89 million then 160.77 million wednesday. Red days kept rolling with 72.54 million thursday and 56.10 million friday. 💀
Thats five straight red days stacking on four more before so no green since september 28. Totals slid from 13.95 billion to 13.26 billion. 😭

Eth price stalled around 2800 for weeks but sank below 2700 midweek to 2400 before creeping back above 2500 rn. 🚀

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Just another echo from the void by iconofsin.eth 💖

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A 25 year old guy just got slammed with 2.5 years behind bars after helping pull off that wild SIM swap heist which drained 200000 pounds worth of crypto from four victims back in November 2021 🖤.

The Swap Scheme Exposed And Cash Splurge 💸

Fr according to the City of London Police Ajay Shinjin aka AJ Marley Cruz pocketed over 44000 pounds in dirty funds and blew it on luxe Dubai trips a fancy pad plus those shiny gold plated dental grills 🌹. It kicked off in early November 2021 when BT caught shady moves on their systems with phone numbers getting ported to criminal SIM cards in classic SIM swap style 📲. Once they had the number the thieves could snag one time passcodes via text and raid bank accounts or crypto wallets 🔥. BT traced the devices grabbing the swapped numbers each one eSIM ready with dual IMEI tags leading straight to suspects and Shinjin tied to four of them 👀. All victims filed reports that first week in November and cops detailed four hits with the first one losing around 40000 pounds in crypto on November 2 where roughly 27000 landed in Shinjins own wallet 🦇. A second mark dropped about 17000 between November 5 and 7 all ending up in his wallet too making his total haul 44000 pounds 💎. The other two thefts saw him assist while funds went elsewhere like 8000 pounds yanked from a third Coinbase account on November 3 plus 130000 stolen from a fourth on the 6th and 7th ✨. Shinjin got nabbed in October 2023 at Heathrow after flying in from Dubai and later pleaded guilty in late September 2026 to conspiracy to commit fraud by false representation plus transferring criminal property ⚠️. Detective Constable Simon Ardeman noted this was a complex and calculated fraud causing serious harm to victims. He added SIM swap fraud is a sophisticated and increasingly concerning form of offending. The conviction sends a clear message that those who use technology to commit fraud will be brought to justice.

Older UK Crypto Bust 🕵️

Around a year back a bigger UK crypto case hit the courts with Zhimin Qian pleading guilty in late September 2025 to acquiring criminal property via crypto tied to what might be the worlds largest seizure of over 61000 BTC worth more than 5.5 billion pounds or 7.43 billion dollars. Qian had scammed over 128000 victims in China from 2014 to 2017 then turned the loot into BTC with the Metropolitan Polices head of economic and cybercrime command calling it one of the largest money laundering cases in UK history 🕸️.

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Just another echo from the void by iconofsin.eth 💖

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Ledger’s latest tea is straight up wild rn as they confirmed an unauthorized hardware implant inside at least one wallet tied to the ongoing cryptobilis probe.

Ledger Drops The Bomb On That Implant 😱

This comes after reports of over 80 million in crypto getting drained from devices and the manufacturer is now reaching out to impacted users while teaming up with authorities. Crypto bilis even told them to pause all hardware wallet sales across the board until this mess wraps up tho. They stressed their own systems look clean but still have zero clue exactly how many units got hit or if the implant caused every single drain 💀. Bitquery now puts the total closer to 93 million across 311 wallets on five chains so it keeps growing.

Europe Might Be In On It Now Too? 🌍

One X post claims a sketchy ledger bought at mediamarkt in europe showed possible tampering signs too which could mean the problem spread way beyond southeast asia 👀. Mediamarkt is an official reseller in places like germany and austria but the images have folks debating if they even match a real board or hide another implant. This slice stays unconfirmed for now yet the asian side keeps pulling in fresh victims according to fresh reports. The whole situation feels kinda sinister with supply chain fears hitting different in the defi world 🔥🦇💅🌙😈

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Just another echo from the void by iconofsin.eth 💖

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The past week was total chaos for crypto overall as prices hit some local lows after BTC got rejected hard at $87,000 and dragged most alts right down with it 😭.
The ETF flows played a big role in that broad correction since nearly every fund tracking crypto assets ended up in the red zone.

XRP Etfs Defy The Trend 🌟

We will break down the huge outflows from spot BTC and ETH ETFs in another post but the final numbers were $681 million net out from the first and $542 million from the second 💸. Those SOL trackers also lost almost $25 million overall.
And then came the XRP ETFs shining bright instead. They stayed out of the red last week and even beat their previous five day stretch by pulling in fresh money. Three trading days had zero reports which kinda sucked but they still grabbed $3.14 million on October 6 plus $8.17 million on October 8 for a solid $11.31 million net positive.
The total cumulative inflows smashed another all time high at $1.8 billion and kept that green streak alive for 13 weeks straight since mid July with over $300 million added since then 🚀.
Bitwise XRP ETF stays the clear leader with nearly $688 million in cumulative net inflows while Franklin Templeton XRPZ sits at $509 million and Canary Capital XRPC follows with $487 million 🤑.

XRP Still Takes A Hit 📉

All that ETF love for Ripple token could not stop the price free fall tho. The whole market unraveled fast especially on Thursday and XRP got swept south along with everything else. It traded above $1.51 early in the week as folks eyed targets past $1.60 but reality hit different.
XRP faced instant rejection and the broad pullback smashed it down to a three week low at $1.32 by Thursday night before a rebound to $1.40 now 👀. Still down 7 percent on the week yet bulls remain optimistic even at a possible drop to $1.20 next 💖.

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Just another echo from the void by iconofsin.eth 💖

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