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Malone Lam’s Defi Scheme Unravels as the 22-Year-Old Kingpin Pleads Guilty 🦇🖤

Malone Lam, this Singaporean cutie turned Miami menace, just copped a guilty plea in Washington D.C. for jumping into a wild international cybercrime plot that snatched and washed over $245 million in crypto 💸🖤.

Biggest RICO Plea In Crypto Crime Saga 😈

The whole thing kicked off no later than October 2023 and ran wild through May 2025, with the crew linking up on gaming platforms before spreading into spots like California, Connecticut, New York and Florida plus overseas vibes 🌙. They used sneaky social engineering mixed with occasional home invasions to drain those wallets dry lol. Attorney Jeanine Ferris Pirro dropped the news right after Lam stood before Judge Colleen Kollar-Kotelly, and a status hearing got set for December 8, 2026 ✨.

Luxury Nights And Exotic Flexing Gone Sinister 🔪

Dude went by aliases like Anne Hathaway, $$$ and King Greavy while calling shots and handing out roles to hit the richest targets. The stolen crypto got burned on $500,000 nightclub blowouts, designer bags worth tens of thousands handed out like candy at parties, and watches ranging from $100,000 to over $500,000 🕸️. They also blew cash on luxury threads, rented spots in Los Angeles, the Hamptons and Miami, plus private jets, security teams and exotic cars from $100,000 up to $3.8 million 💀. Lam got nabbed on September 18, 2025 at his Miami rental, and the official court docs spill all the tea fr. This empire built on deception just crumbled, but the hunt for the rest keeps rolling with the FBI and IRS-CI 🌹.


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Jump’s Hyperliquid Position Surges As Volumes Near 150 Billion 🕷️🖤

Jump Trading has racked up nearly $150 billion in trading volume on Hyperliquid since dropping their first deposit on December 12 2025 according to Hyperdash co founder Hanson Birringer who mapped the whole activity. 💀

Jump Trading’s Wild Hyperliquid Plays ✨

Jump runs one master account with 16 subaccounts and their trades now make up almost 8% of all perpetual futures volume on Hyperliquid plus 19% in xyz markets. In July it spiked to nearly 18% of total exchange volume and 29% of xyz volume 🚀 after a week of testing in December where they moved $153 million across BTC SOL and HYPE before funding the master account.
https://x.com/HansonBirringer/status/2097313875913830762
Each wallet plays a specific role like separate spots for crude oil Brent natural gas and new stock listings while the big book covers the S&P 500 XYZ100 SK Hynix silver gold and memory names. Their game is mostly taker volume with maker fills only hitting 11% to 35% of activity 😈 and it looks like a hedging or arbitrage setup paired across venues to snag spread and funding rate gaps.

Institutional HYPE Holdings Getting Dark 🌑

Jump currently sits long $32 million of Brent and $16 million of CL while shorting gold silver MU NVDA DRAM SK Hynix XYZ100 and megacaps for a total $145 million notional against $63.6 million account value. By market they own 38% of DRAM volume 36% of NATGAS 33% of Brent 32% of SP500 26% of XYZ100 and 16% of CL though just 2.6% of BTC volume. From April to August the master account ramped up gossip priority feature use paying 966 HYPE mostly in May before stopping and they have dropped about $7 million in fees while netting only a few hundred thousand in PNL 💸 so this is clearly one slice of a bigger multi venue market making operation.
Their $65 million USDC margin is also pulling in an extra $1.8 million yearly for Hyperliquid via the new AQAV2 fee setup. HYPE hit an all time high of $89.60 on September 6 and has stuck close since with fresh data showing institutional holds in three HYPE funds like the Bitwise Hyperliquid ETF 21Shares Hyperliquid ETF and Grayscale Hyperliquid Staking ETF. Bloomberg Intelligence analyst James Seyffart noted second quarter 13F filings had 30 managers holding around $75 million total in those funds 📉 with Wealth High Governance Asset Management leading at nearly $24 million followed by OLP Capital Management at $10.5 million UBS at $7.5 million Bank of Montreal near $6.7 million and Jane Street Group at about $4.4 million plus others like Discovery Capital Brevan Howard Flow Traders Virtu Financial and HighTower Advisors. Last month Trump mentioned Commodity Futures Trading Commission Chair Michael Selig pushing the perpetuals platform into the US in a fully compliant way adding hype around expansion 🔥.
https://x.com/JSeyff/status/2095926084298498313
🖤👀


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Eth Faces a DeFi Fork: Blast to 3K or Drop to 2K Next? 🖤🦇

Yo, the second biggest crypto has been chilling around 2,500 these past days, with some analysts calling for a sick breakout above it and a massive surge to much higher levels. 😈
Others stay kinda cautious tho, expecting ETH to slide down toward 2,000 before any real bull run kicks off. 💀

Bullish Energy Overflowing 🚀

https://x.com/TedPillows/status/2097614990689915015
According to X user Ted, ETH is creeping toward that 2,550 resistance again, ready to pump all the way to 3,000 once it nails a strong weekly close above the zone.
https://x.com/CryptoMichNL/status/2097348233236230325
Michael van de Poppe shares the same vibe, saying if Ethereum tests the 2,520 area and breaks upward, it could climb straight to 3,000.
https://x.com/DeFiTracer/status/2097614487331487843
X user TRACER noted the asset has tested the 2,500-2,550 range six times lately, with every rejection getting weaker.

“This resistance will break soon,” they predicted.

MikybullCrypto seems the biggest optimist rn, claiming a “mega breakout” of the nine-year trendline resistance is incoming and setting up an explosion to a fresh all-time high at 9,000. ✨
The shrinking ETH supply on exchanges backs the bullish case hard.
https://x.com/MikybullCrypto/status/2097580052829311085
Just days ago over 116,000 coins worth nearly 300 million were pulled from centralized spots in 48 hours.

“With exchange supply shrinking this aggressively, the setup for a major move is getting interesting,” the analyst explained.

They also flagged the key support zone near 2,475 where about 2.86 million ETH changed hands before, adding that as long as it holds, the path to 2,722 stays pretty open. 🌙
Spot ETH ETFs pulled in almost 220 million last week too, pushing cumulative inflows past 13.17 billion and showing that sweet institutional demand. 🖤

Dip Before the Moon? 🌑

https://x.com/VoidOnChain/status/2097338776309699012
X user Void claims ETH formed an inverted head-and-shoulders on the daily chart, with one leg down needed to confirm it, and they expect a possible drop to 2,000 since without that south move “we can’t go higher.”
https://x.com/CryptoGerla/status/2097366063235441062
Gerla agrees on the structure, forecasting a short-term correction to around 2K followed by a massive rally above 4,000 in the coming months. 📈


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VVV Viral Altcoin Blasts Into Fresh ATH Territory: More Juice Flowing or Secure Those Gains Now? 🦇🕸️

The crypto market barely nudged up the last 24 hours but the real star from the top 100 ain’t BTC or those other big names it’s the sneaky Venice Token (VVV) that stole the show 😈. Its price went straight to a fresh record high with tons of analysts calling for even more upside but a few are like holding now feels risky so maybe grab those profits while ya can fr 💀.

The Massive Pump Session 🚀

Just hours back VVV blasted to a new all-time high near $30 then eased off and now sits around $25.60 per CoinGecko after a solid 42 percent jump in 24 hours. That pushed its market cap over $1.2 billion which leapfrogged PI and ARB to land it at the 68th spot overall 📈.

VVV Price
VVV Price, Source: CoinGecko

The main spark came from the team dropping a fresh update where they burned a total of $391,000 worth of VVV which is the biggest null address send yet. This utility token for the Venice AI platform has a supply around 80.97 million coins with over half already circulating 🔥.
X user Crypto With Gopal claimed VVV showed a strong bullish breakout once price smashed above the $23 resistance zone and buyers are clearly running the show with the next key level near $29.20 here.

“A sustained move above it could open the door for another leg higher,” the analyst added.

OxNeena and Nebraskangooner jumped in too with the first one saying VVV is setting up for a massive move and calling for a jump past $30 if the trend sticks here while the other sees the chart as strongly bullish until proven otherwise here.

“Next fib resistances I’m seeing above are $27 area and $35 area,” he stated.

Time To Lock In Gains Tho? 💎

Crypto Patel also highlighted the rally but pointed out that securing profits at this point could be the wiser play saying if ya feel comfy with higher risk keep a small slice running for potential upside but after a 1,600 percent move protecting profits matters 💸.
The token RSI backs the idea that price could dip soon since it rocketed above 80 which means extreme overbought vibes and a possible pullback ahead 🌙.

VVV RSI
VVV RSI, Source: TradingView

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